Ron Paul: Currency Inflation & Interest Rate Manipulation Does Not Help The Poor
Ron Paul Statement on Bernanke Hearing
By Megan Stiles on July 17, 2013 in National Blog
“Despite what Chairman Bernanke said today, central economic planning with currency inflation and interest rate manipulation does not help the poor and middle class; it merely enriches Wall Street and the politically connected. It hurts those who dare save their money to plan for their own retirement or pay for their children’s education. Inflating the money supply in secret to serve special interests and feed the government’s overspending must end if we ever expect to get a handle on the serious problems facing our nation.
“Considering the impact the Federal Reserve’s policies have on every American’s standard of living, it is in the interest of all Americans to join Campaign for Liberty in demanding Senate Majority Leader Harry Reid bring Senator Rand Paul’s Audit the Fed (S.209) legislation to the Senate floor for a vote this Congress.”