0 votes

Former Fed Chairman Paul Volcker Agrees with Ron Paul.

Just got this from the main Canadian Financial Paper the Toronto Globe and Mail. He (Paul Volcker) basically is saying that we need to defend the dollar and let prices fall by ratcheting up interest rates or in other words.....STOP THE PRINTING PRESS BEN!!!

http://www.globeinvestor.com/servlet/story/GAM.20080412.STBU...

Interesting how this is in a foreign paper. I have only seen it once in the US media.



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Scrap the Fed

"...basically is saying that we need to defend the dollar and let prices fall by ratcheting up interest rates or in other words.....STOP THE PRINTING PRESS BEN!!!"

They need to scrap the whole Fed system. The only way this will work is with a free floating currency that is determined by the markets. Let the markets decide what we want to use as a method of exchange, rather than forcing their own broken currency on us by laws. If we want to use gold backed currencies, let us. That's part of freedom, isn't it?

Register as Republican and Vote for Ron Paul

It is.

It IS part of freedom, which means the lack of our ability to act on that freedom, using those other competing currencies, represents a removing of freedom. Not suprising, as so very many freedoms have been taken away that we live in a society free only to be a cog in the machine, or get the hell out, with few exceptions. This trend will continue, but part of me is at least somewhat excited.

Why you ask? because I know for certain that, before my life is over (barring any early departures) I will have seen major world change. That's not to say my excitement is positive, because i truly dont know if that change will be for the betterment, or much much for the worsening of our world. Still, perhaps my generation will be witness to an ending era, and that at least provides hope that perhaps, just maybe, I'll live to see freedom restored in the lands i love.

Love your friends and family, this freedom no living or spiritual being can take from you.

~I will never again accept the lesser of two evils.~

~I will never again accept the lesser of two evils.~

either way it will reuslt in

either way it will result in a crash... with those idiots inflating it still gives people time to prepare... SILVER!

as for me and my home, we shall worship the LORD

Laisssez les bon temps roulez

Seemingly with NO recognition that eventually we run out of ballons to inflate and the party crashes!

Love seeing the Fed

Love seeing the Fed bickering but just to note, Ron Paul wants to END the Fed....NOT raise interest rates.

This is actually very significant so I will

bump for another day. Thanks for posting and great find!

Agree-great article

BUMP!

Great article. Bump!

Great article. Bump!