Ron Paul Quotes About Economy

Quotes about: Economy

• If you like small government you need to work hard at having a strong national defense that is not so militant. Personal liberty is the purpose of government, to protect liberty - not to run your personal life, not to run the economy, and not to pretend that we can tell the world how they ought to live.

  Ron Paul

  Running, Strong, Hard Work

• First reason is, it's not authorized in the Constitution, it's an illegal institution. The second reason, it's an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we'd be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value.

  Ron Paul

  Money, Creating, Air

  YouTube Channel "voytechs"/"MSBNC - Ron Paul the fed caused the bubble", www.youtube.com. March 20, 2008.

• We in the Congress have a moral and constitutional obligation to protect the value of the dollar and to understand why it is so important to the economy that a central bank not be given the unbelievable power of inflating a currency at will and pretending that it knows how to fine-tune an economy through this counterfeit system of money.

  Ron Paul

  Important, Tunes, Dollars

• You can't have a healthy economy without sound money, which is why we're on the verge of very serious economic problem.

  Ron Paul

  Healthy, Sound, Serious

  Source: www.washingtonpost.com

• What's happening is there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before.

  Ron Paul

  Money, Wall, Class

  Republican Presidential debate in Dearborn, Mich., www.nytimes.com. October 9, 2007.

• From 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 Paul

  Country, Money, Past

  "End the Fed". Speech to the US House of Representatives, www.lewrockwell.com. February 05, 2009.

• We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed's power. Of course not everyone is instinctively against this illusion-weaving power, and many even welcome it. Tragically, the innocent who understand little about the complexity of the monetary system suffer the most, while those who are in the know reap great profit whether the market is going up or down.

  Ron Paul

  Money, Real, Power

• The Federal Reserve and Congress have systematically taught the American people to trust the government and that caution in spending is harmful to the economy.

  Ron Paul

  Government, People, Taught

• Our federal government, which was intended to operate as a very limited constitutional republic, has instead become a virtually socialist leviathan that redistributes trillions of dollars. We can hardly be surprised when countless special interests fight for the money. The only true solution to the campaign money problem is a return to a proper constitutional government that does not control the economy. Big government and big campaign money go hand-in-hand.

  Ron Paul

  Fighting, Government, Hands

  "Why Is There So Much Money in Politics?" by Ron Paul, February 4, 2002.

• I will always vote what I have promised, and always vote the Constitution, as well as I will not vote for one single penny that isn't paid for, because debt is the monster, debt is what's going to eat us up and that is why our economy is on the brink.

  Ron Paul

  Patriotic, Pennies, Monsters

• If economy were good, there'd be no immigration problem.

  Ron Paul

  Immigration, Problem, Economy

• The Cap and Trade Bill HR 2454 was voted on last Friday. Proponents claim this bill will help the environment, but what it really does is put another nail in the economy’s coffin.

  Ron Paul

  Friday, Nails, Doe

• Both sides of the political spectrum must one day realize that limitless government intrusion in the economy, in our personal lives, and in the affairs of other nations cannot serve the best interests of America.

  Ron Paul

  Government, America, Political

• I want to be president mainly for what I don't want to do: I don't want to run your life, I don't want to run the economy, and I don't want to police the world.

  Ron Paul

  Running, Police, President

• To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names — Keynesian inflationism, interventionism, and corporatism.

  Ron Paul

  Party, Names, Political

  Ron Paul (2008). “Pillars of Prosperity: Free Markets, Honest Money, Private Property”, p.44, Ludwig von Mises Institute

• True prosperity can only come from a healthy economy and sound money. That can only be achieved in a free society.

  Ron Paul

  Healthy, Sound, Prosperity

• I would say nobody is perfect. I don't know all the answers. I have don't want to run people's lives and run the world and run the economy. So, my qualifications are a little bit different.

  Ron Paul

  Running, People, Perfect

  "Mike Huckabee Explains 2012 Decision; Rep. Ron Paul on His Presidential Bid; Sens. Durbin, Kyl Talk Immigration Reform, Debt Ceiling". "Fox News Sunday With Chris Wallace", www.foxnews.com. May 15, 2011.

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