Ron Paul: Who's Responsible For Skyrocketing Food Prices?

Government is always limited to how much it can tax the people directly. People will ultimately rebel against high taxes. So, as a workaround, a monopoly was granted to The Federal Reserve. If the government wants money, The Fed can just print it. The people will still pay for this, of course, but not directly. They'll pay when they see rising prices in the marketplace. The government can just blame something else as the cause. Inflation is the worst tax of them all.

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.