Ron Paul: Central Banks Know The Game: They're Buying Gold

Ron Paul Liberty Report, Released on 12/10/22

The fiat monetary system is built on trust in counterfeiting central banks. One should never trust a counterfeiter, so naturally, governments and central banks don't trust each other. They buy gold while claiming that gold is no longer money. They know that if the counterfeiting goes to extremes, gold will re-enter the monetary system. When the choice is between depreciating paper or gold, people ultimately reach for the gold.

Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career and beyond. He is chairman of the FREE Foundation, founder of the Campaign for Liberty, and distinguished counselor to the Ludwig von Mises Institute. Dr. Paul recently started the Ron Paul Channel, an online broadcast alternative to the mainstream media. Ron's most recent novel is Swords into Plowshares.

central banks, dollar collapse, gold, inflation

Ron Paul: Central Banks Know The Game: They're Buying Gold added by Herman James on 12/09/2022View all posts by Herman James ?+'