Quantitative easing is just the latest chapter in the Federal Reserveโs hundred-year history of failure. (...) The American people have suffered long enough under a monetary policy controlled by an unaccountable, secretive central bank. It is time to finally audit - and then end - the Fed.
Ron PaulFrom the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.
Ron PaulAggression and forced redistribution of wealth has nothing to do with the teachings of the world's great religions.
Ron PaulBelieve me, the intellectual revolution is going on, and that has to come first before you see the political changes. That's where I'm very optimistic.
Ron PaulTimes of tragedy and war naturally bring out strong emotions... Sometimes people are only too anxious to sacrifice their constitutional liberties during a crisis, hoping to gain some measure of security. Yet nothing would please terrorists more than if we willingly gave up our cherished liberties because of their actions.
Ron Paul