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Quote by Ron Paul

“The Federal Reserve System is nothing more than legalized counterfeit.”

Quote by Ron Paul

Author

Ron Paul
Ron Paul

Ron Paul, a former U.S. Representative, was born on August 20, 1935. He is a renowned politician, physician, and author who served as a U.S. Representative from Texas from 1976 to 1985. Paul ran for the Republican presidential nomination in 2008 and 2012. He is known for his libertarian views and criticism of monetary policy. more

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“It is absurd to say that our country can issue $30,000,000 in bonds and not $30,000,000 in currency. Both are promises to pay; but one promise fattens the usurer (banker), and the other helps the people. If the currency issued by the Government were no good, then the bonds issued would be no good either. It is a terrible situation when the Government, to increase the national wealth, must go into debt and submit to ruinous interest charges at the hands of men who control the fictitious values of gold.”

“We must not let our rulers load us with perpetual debt.”

“Those who formally rule take their signals and commands not from the electorate as a body, but from a small group of men. This group will be called the Establishment. It exists even though that existence is stoutly denied. It is one of the secrets of the American social order... A second secret is the fact that the existence of the Establishment - the ruling class - is not supposed to be discussed.”

“Today the path of total dictatorship in the United States can be laid by strictly legal means, unseen and unheard by the Congress, the President, or the people. Outwardly we have a Constitutional government. We have operating within our government and political system, another body representing another form of government - a bureaucratic elite.”