Ron Paul: You can’t create wealth out of a printing press

Video first released on 11/14/13

“In the marketplace they [politicians] don’t want to have a correction because politically it’s not acceptable to actually be frugal or spend less or save money and work harder. That’s not acceptable these days. Everybody believes you can create wealth out of a printing press, and in some ways we in this country have been able to get away with this because we have been very wealthy, we’re very powerful militarily, and we’ve had the reserve currency of the world. But I think it’s all deception and the longer it goes on, the greater the danger.
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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 The School Revolution: A New Answer for Our Broken Education System.

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