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Ron Paul Would Be “Very Happy” To Discuss The Federal Reserve With J.D. Vance

Ron Paul Would Be “Very Happy” To Discuss The Federal Reserve With J.D. Vance
By: WLT Report Posted On: October 28, 2024 View: 3

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This article was originally published on WLT Report. You can read the original article HERE

Former Congressman Ron Paul responded to remarks from Sen. J.D. Vance (R-OH) about ‘coming around’ to his argument regarding the Federal Reserve.

“I’m actually not a Ron Paul guy. One of my dear friends is a big Ron Paul guy,” Vance said.

“But I’ve kind of come around to the Ron Paul argument,” Vance continued, referencing the Federal Reserve.

“I don’t fully agree with it, but the criticism of the Federal Reserve that makes the most sense to me is that it gives massive corporations a lower cost of money than the average American,” Vance said.

WATCH:

“The Fed is the prime source of our economic problems. Our nation needs sound money again. I’d be very happy to discuss this with you @JDVance!” Paul responded.

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Paul is correct.

The Federal Reserve is the prime source of our nation’s economic problems.

What is the Federal Reserve?

It’s a banking cartel.

G. Edward Griffin, the author of ‘The Creature From Jekyll Island,’ explains in this video.

“It’s a cartel! It’s not a government agency. It has the appearance of being a government agency, and they went through great lengths to give it that facade. It does have the power of government because Congress voted to give the power of enforcement to it,” Griffin said.

“They got together. They drew up the rules and regulations for their own industry. To self-regulate their own industry is what cartels do. And then they send it to Congress and they took off the label at the top that said banking cartel. They erased that and they said Federal Reserve Act,” he continued.

“Congress passed it into law and that’s why we think it’s a federal agency,” he said.

“If you don’t obey the rules that they set down for their own industry, you go to prison. So it looks like a government agency,” he continued.

“It’s a banking cartel,” Griffin emphasized.

WATCH:

“The government is able to borrow a tremendous amount of money and therefore spend more than it takes in in taxes through this process. But never enough,” Griffin said in another video.

“The government can go to the Federal Reserve and obtain instant amounts of any amount of money they want without having to confront the taxpayer and say we’re going to raise your taxes for this directly,” he continued.

WATCH:

Griffin said the Federal Reserve needs to be abolished.

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He listed seven reasons.

WATCH:

Glenn Beck also did a deep dive into one of history’s greatest scams.

“Glenn Beck breaks down the creation of the Federal Reserve created by the likes of the Rothschilds and the Rockefellers👉 These are the men that represented 1/4th of the wealth of the entire world. The Morgans, the Rockefellers, the Warburgs, The Rothschilds all in one room.. They all had come together to form a banking cartel so they didn’t have to compete against each other,” DailyNoah wrote.

WATCH:

Ron Paul has said “we do want to get rid of the Fed.”

“Federal Reserve: Albatross Around American Necks Since 1913,” Paul wrote in 2020.

WATCH:

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The Federal Reserve has destroyed the value of our currency and created unsustainable debt.

Here’s a cartoon illustration of how the Federal Reserve works:

In June, Sen. Mike Lee (R-UT) proposed legislation to abolish the Federal Reserve.

“Senator Mike Lee (R-UT) introduced the Federal Reserve Board Abolition Act, legislation that would dissolve the Board of Governors of the Federal Reserve System and the Federal Reserve banks and repeal the 1913 Federal Reserve Act, which established the System,” Lee’s office said in a press release.

“Representative Thomas Massie (R-KY) leads the companion bill in the House of Representatives,” the release continued.

“I’ve introduced legislation to End the Fed,” Lee said.

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“The Federal Reserve has overstepped and repeatedly failed to achieve its mandate and become an economic manipulator that has directly contributed to the financial instability many Americans face today,” Lee said.

“This legislation aims to protect our economic future by dismantling a system that enables unchecked government spending, the monetization of federal debt that fuels it, and widespread economic disruption. It’s time to end the Fed,” he added.

“Americans are suffering under crippling inflation, and the Federal Reserve is to blame,” Rep. Thomas Massie (R-KY) said.

“During COVID, the Federal Reserve created trillions of dollars out of thin air and loaned it to the Treasury Department to enable unprecedented deficit spending. By monetizing the debt, the Federal Reserve devalued the dollar and enabled free money policies that caused the high inflation we see today,” he added.

Read the complete bill:

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Read more about the Federal Reserve HERE.

This is a Guest Post from our friends over at 100 Percent Fed Up.

View the original article here.

This article was originally published by WLT Report. We only curate news from sources that align with the core values of our intended conservative audience. If you like the news you read here we encourage you to utilize the original sources for even more great news and opinions you can trust!

Read Original Article HERE

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