Tuesday, November 24, 2009

Ron Paul: Gold Is Telling Us That The US dollar Is In Danger

Congressman Ron Paul rebuts on some objections of his Audit The Fed bill at a CNBC interview

Some notes:

Audit The Fed bill
-is not about running monetary policy
-is against secrecy...Fed Independence is secrecy. Paul wants transparency
-Gold is telling us that the US dollar is in danger
-Audit of the fed won’t save us from super regulation
-Fed will self destruct because they’re [the FED's] gonna destroy the dollar
-Fed is politicized…who appoints the chairman?
-it's the deficits that puts the pressure on the dollar


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