Skip to content

Central bank Quote by Ron Paul

“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…” quote by Ron Paul — Download Open image

“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.”

★ ★ ★ ★ ★ 2.7 out of 5 (9 ratings)

More by Ron Paul

Washington bureaucrats have classified the very air we exhale as a pollutant and have gone unchallenged in this incredible assertion. The logical consequence is…

Image

I'm an imperfect messenger, but the message is perfect.

Image

History has shown that the masses have been quite receptive to the promises of authoritarians which are rarely if ever fulfilled,

Image

The reality is that our military presence on foreign soil is as offensive to the people that live there as armed Chinese troops would…

Image

Right now, nobody legalized paper money. Where did that come from.

Image

Real patriotism is a willingness to challenge the government when it's wrong.

Image

Expect the rapidly expanding homeschooling movement to play a significant role in the revolutionary reforms needed to build a free society with Constitutional protections.

Image

“Intellectually and compassionately explaining the reason freedom works is required for credibility.”

Image

Governments have nothing. They can't create anything, they never have. All they can do is steal from one group and give it to another…

Image

Why is it is claimed that if people won't or can't take care of their own needs, that people in government can do it…

Image

It is dissent from government policies which defines the true Patriot

Image

The moral and constitutional obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing…

Image

Explore all 411 Ron Paul quotes

More Central bank quotes

'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider…

Image

There could be some compromise, but I think we have to stick to the provisions of the treaty, and the provisions of the treaty…

Image

There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary demand for silver and the silver ratio will plummet. If you look at all of the monetary crises over the last 100 years, any time that there has been even a whiff of a collapse of…

Porter Stansberry

Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.

Image

The fear is that if the dollar falls below 50% of the currency basket held by commercial and central banks and insurance companies, there…

Porter Stansberry

Image

Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive…

Llewellyn Rockwell

Image

In the old days we were the challenger brand competing against the big banks, but today I go round the world and I sit…

Image

“The Fed is still on the same track.” Whatever you call it, the benign economic environment has supported a bull market since 2009, and though there were a few rocky days last week, the main market ingredients seemed to remain in place. For example, on Wednesday a government report on gross domestic product in the second quarter showed that the…

We've delegated politics to bankers. The European Central Bank is inside Deutsche Bank, and Deutsche Bank is inside the Bundesbank.

Image

Believe me. When you're talking about trust in government, you're preaching to the choir, whether it's on the financial side, the central banking side:…

Image

Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was…

Llewellyn Rockwell

Image

By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds…

Image

Browse all 252 Central bank quotes