How can a government, that's $28 trillion in debt, spend trillions of dollars that it does not have? Well, one major way is the Federal Reserve creates money-out-of-thin-air and then 'loans' it to the government by buying the government's bonds.
— Ron Paul (@RonPaul) June 19, 2021
Naturally, when the Fed counterfeits new dollars to do this, the value of the dollars (that Americans work so hard for) drops. Prices also rise and the standard of living of Americans falls.
— Ron Paul (@RonPaul) June 19, 2021
Does this sound like a good deal to you?
Watch Friday's Liberty Report here:https://t.co/61XjWE4Pk2
— Ron Paul (@RonPaul) June 19, 2021
My ten year battle to end our foreign wars finally shows success https://t.co/KWJHsalSNs
— Senator Rand Paul (@RandPaul) 2021年6月18日
