Ron Paul & Mike Maloney Hit It Out Of The Park – Gold, Silver & Debt Based Monetary System
During Mike Maloney’s recent appearance on RT he was given the chance to state where he thinks the economy is going, why it is going in that direction and how we can protect our financial future, taking advantage of the current precious metals bull-market.
Precious metal investment expert, GoldSilver.com founders and CEO, Mike Maloney, interviews Congressman Ron Paul.
Exclusive topics include:
* Fiat currencies vs gold and silver
* Real value of gold and silver vs numismatics
* Will today’s system last?
* Monetary Policy in Basic Economics
* Is credit availability a problem?
* Federal Reserve creating money out of thin air
* How does today’s monetary system affect the middle class?
* “What do you think the founders of this country would say?”
* “The Government borrows money from the Federal Reserve. Can you expand on that part, how it reflects on the Constitution and the Congress allowing to create that money?”
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Banking was conceived in iniquity and born in sin… Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again… Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in… But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.
Coinage Act of 1965
“Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise” Source: U.S Department of Treasury
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What is happening with our world economy and what can we do about it?
We are not living under true free market capitalism right now. Free markets require free market money. Fifty percent of every transaction involves currency. You have to allow the market to pick what money is and what interest rates are (the price of money itself).
You cannot have a group of arrogant men trying to set interest rates and manipulate the economy. You cannot have governments giving special favors to their richest friends, the corporations and special interests that can afford to do all the lobbying.
This is what tilts capitalism to the point where it really isn’t capitalism. This is no longer a free market. We haven’t lived under free markets in the United States since 1913, when the Federal Reserve was introduced.
- Mike Maloney
I had to ‘steal’ this bit of text from Mike Maloneys newsletter because it is exactly about what we are trying to make people aware of here on the MyKBGold blog.
Also watch the Ron Paul video from YouTube. This man is talking about what’s really going on and does not get heard. It’s about time to take your life and that of your family in your own hands!
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property – until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people where it properly belongs.
- Thomas Jefferson, 1802
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