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Ron Paul: The Federal Reserve Has Lost Control of Interest Rates

 
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Ron Paul: The Federal Reserve Has Lost Control of Interest Rates

SPRINGFIELD, Virginia- Today, Campaign for Liberty Chairman Ron Paul issued the following statement in response to the Federal Open Market Committee’s decision to continue its failed bond buying program: “Chairman Bernanke and the government falsely believe they can single-handedly control interest rates. Yes, there can be some manipulation, but markets are much more powerful. “The […]


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Ron Paul: Bernanke Grossly Misleading American People

SPRINGFIELD, Virginia- Today, Campaign for Liberty Chairman Ron Paul issued the following statement in response to Federal Reserve Chairman Ben Bernanke’s testimony before the Joint Economic Committee: “Today Chairman Bernanke testified that our nation’s long term economic outlook has improved and that consumer inflation is a modest one percent. Chairman Bernanke is grossly misleading the […]


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More States Pursuing Hard Money

By: David Heacock A couple weeks ago, we saw Texas propose an initiative to move their gold from the Federal Reserve in New York City to a newly founded state bullion depository. Consideration of such a policy shows that the actions of the Fed have caused some legislatures to work to gain independence from the […]


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Texas Looks to Reclaim its Gold

By: David Heacock While Cyprus and other EU countries plunder their citizens’ bank accounts, the state of Texas seems to be making an unprecedented move towards insuring the wealth of its people. A Texas lawmaker recently announced legislation to claim the state’s gold from the Federal Reserve in New York and store it in a newly […]


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America’s Looming “Stimulus Trap”

By: David Heacock Peter Schiff, Austrian economist and CEO of Euro Pacific Capital, just released an article that methodically analyzes the United States economy’s credit conundrum. He critiques the Keynesian belief that an economy cannot recover from a recession without massive spending increases. Schiff writes: “Putting aside the dubious proposition that the human desire to […]


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