Imagine an irresponsible teenager with an unlimited line of credit. The parents, teachers, pastors, and authorities in his life are ultimately powerless to change his habits. Now imagine that teenager armed to the teeth and also immune even from the rule of law. This is what we have with a government backed by a central bank.
– from End the Fed book by Ron Paul
Tag: Quotes by Ron Paul
A philosophy that embraced personal liberty …
A philosophy that embraced personal liberty, private property, and sound money was the only political philosophy worth championing.
– from End the Fed book by Ron Paul
What the Fed and paper money …
What the Fed and paper money have done for Congress is lead legislators to believe that there are no limits on what they can spend, on what they can propose, and what they can accomplish. They really do behave like college students on spring break who are using their parents’ credit cards with no limit. They don’t think about the money. They don’t think about who or what is paying the bills. The ability to do what they want is just taken for granted.
– from End the Fed book by Ron Paul