Carolina QuotesQuestion: If you could pick one cause that has gotten us here, what'd you say it is? Ron Paul: Easy money. The Federal Reserve artificially lowering interest rates, deceiving the people, the investors, the savers, into believing that there's a lot of savings out there, and that we should invest more, build more houses, more cars. It's the malinvestment, which is every bit as dangerous, from the inflation of the money supply, as is the high prices that usually come.
Ron Paul Connected to the Carolinas
Source
Fox Business Network, March 24, 2009
- work
- 2006-2009
- year
- 2006
Cite this record
“Question: If you could pick one cause that has gotten us her…” Ron Paul. Carolina Quotes, record CQ-DC14956C11. https://carolinaquotes.com/quote/dc14956c11
More from Ron Paul
Welfarism and excessive spending and deficits and socialism divide us, because everybody has to go to Washington. Those who have the biggest clout, whose who are the best lobbyists, those who go and they grab. And whether it's the medical industrial complex, or the banking industry, or the military industrial complex, that's who ends up controlling our government... For so long, conservatives and constitutionalists have lost the argument, they lost the moral highground. Because those who want to give things away, not talking about where they steal it from, but they want to give things and take care of people, they get the moral highground and they come by as being compassionate. And we who believe in liberty, we lack compassion. But the truth is, there's only one compassionate system known to man, and that is freedom and personal responsibility, then there's enough wealth, and then we will all have personal responsibility to use this compassion that we have, first to take care of our families and friends and neighbors, and there would be so much wealth that we could spread this wealth around the world.
If you have ever been robbed by a black teenage male, you know how unbelievably fleet-footed they can be.
Question: Your solutions, on stopping drug trade, is, give up, give up to world drugs. I say zero tolerance, we use the military for aid, we stop it from getting into the country, we cut it off at the source. Why give up on that fight? Ron Paul: What we give up on is a tyrannical approach to solving a social and medical problem, and We endorse the idea of voluntarism, self-responsibility, family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion, it never worked, it never will. The government can't make you a better person, it can't make you follow good habits. Why don't they put you on a diet; you're a little overweight, and i think you need government help!