Thursday, January 14, 2010

Ron Paul on Who Is to Blame for Financial Crisis

Not the bankers, not even the politicians and bureaucrats. It's the monetary system and the Federal Reserve.

"Fraud is in the money. It's fraudulent to steal from people by diluting the value of the money, debasing the currency is the big fraud, which destroys the economy and takes away the jobs and puts the burden of inflation on the little people... Everybody is cheated when you have a fraud in
the monetary system."

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