Thursday, March 18, 2010
Ron Paul in The Atlantic - "Ron Paul on the Dodd Proposal's Treatment of the Fed"
Dr. Paul discusses Senator Chris Dodd's financial regulatory "reform" proposal in this recent interview:
The Atlantic: Dodd wants financial stability to now be an explicit function of the Fed. What do you think the outcome of that would be?
Ron Paul: Financial stability? Well you need a stable dollar to have that. You can't allow somebody to double the money supply in one year and have the financial community wondering: when is he gonna take that off the balance sheet? You don't get stability that way. It's impossible....
Go to the following link for the whole story: http://www.theatlantic.com/business/archive/2010/03/ron-paul-on-the-dodd-proposals-treatment-of-the-fed/37589/