Ron Paul Lecture- ” The Great Enabler: The Rise of the Federal Reserve and the Growth Of Government”

Ron Paul

 

In this lecture, Ron Paul speaks about the role of the Federal Reserve in growing the government. He explains how the Fed’s easy money policies have allowed Congress and the President to continue in their bad behavior. The money printed by the Federal Reserve helps to prop up welfare programs that create dependents rather than self sufficient citizens. The bond buying by the Federal Reserve also finances our $700 billion dollar a year military habit.

Ron Paul has been asking American to wake up for more than 30 years. He has been sounding the alarm to warn us of the lack of financial responsibility in our federal government. He speaks against bloated military budgets and the amount of money wasted on being the police of the world. He also criticizes the irrational welfare system that rewards the unproductive and punishes the productive in our society. He is retiring after this term in Congress, but his ideas will keep working.

He has urged Congress to return to our constitution on many levels. He has been especially adamant about returning to constitutional sound money. Our forefathers knew the unsustainable nature of fiat currency. They witnessed the currency crash of the Continental currency. It was nearly worthless by the end of the Revolutionary War. This is one of the reasons they wrote the coinage act of 1792. It prescribed death to anyone who debased the currency.

If you have never read The Revolution, a Manifesto by Ron Paul, I encourage you to pick up a copy today. It may challenge some ideas that you believe, but don’t know why you believe them. You may find that you have been seeing everything through a Democrat or Republican worldview. Even if you disagree with Dr. Paul on some issues, it will make you think, and that is what is important to keep our Republic.

Happy Prepping!