Billionaires Thrive In The Fed's Immoral "Counterfeit" System

Is it “moral” for there to be billionaires? Well, that depends on how they acquired their wealth. If it’s done legitimately, by voluntary exchange, then of course it’s moral! However, if government force or laws are used to acquire wealth, that’s a different story. The Federal Reserve system creates an environment that favors the latter. Ron Paul discusses on today’s Liberty Report!

Original Youtube video here.

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Bezo 816jebirobin1pretorious700Robert Coxeyes white open Recent comment authors
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Bezo 816
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Give the colonists private property, and they worked harder…called the "tragedy of the commons" if no one owns it, no one cares. Redistribution of wealth is a farce …there has to be poor people in a free market, or else we live in some utopia that will never happen.

jebirobin1
Guest

I support lowering taxes too. Government can't create wealth so the money the government has is stolen. Okay but, if Wealth is a result of Work then why aren't workers wealthy? Why the people who produce wealth can decide what to do with the wealth they themselves create? Why is that wealth taken away by the producers of wealth to the person who owns the means of production? I also see that as theft! Workers produce wealth and capitalists steals it and reproduce the means that enable him to steal from the wealth producers. Besides from that I agree that… Read more »

jebirobin1
Guest

Capitalism can't survive a week without the State. The State is created by the elite to protect capitalism and hierarchy.

pretorious700
Guest

None of the aspiring socialists have a clue about the Fed and it's role in all of this. Nor fractional reserve banking. Their ideas grow out of a half baked notion of "fairness" that is profoundly ignorant and untenable.

Robert Cox
Guest

Trump has threatened military action against Venezuela's democratically elected government. Considering the spectacular failure of the combined forces of the US, Israel, Saudi Arabia, and the rest of their NATO lackeys, against Iran and Russia in Syria, it is very understandable that the Venezuelan government would request Iranian and Russian military presence in their land. Perhaps the US should roll back its illegal sanctions and send some food to the Venezuelan people, before they start clamoring for American blood. No shortage of oppressed people in the world today, and all of them are sick of US tyranny. The Venezuelan government… Read more »

eyes white open
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ALPHA Ron Paul eyeballing Shalom Bernanke across the room, giving him the 3rd degree.

IAMCorung
Guest

There is one truth I have learned in my decades on this planet. If you do not come by wealth through a windfall, there are people whom you have hurt on your way to get there. The richer you are, the more people you have hurt. There may be a few exceptions but not many and by that, I mean maybe (just maybe)3% of millionaires+. Most people won't step on others to get ahead unless they have fallen on hard times. The wealthy won't hesitate to take advantage of an opportunity regardless of who gets hurt. It simply becomes a… Read more »

Nicholas Coates
Guest

Money is not "Wealth". The're "Riches".

BloodyStr1ker
Guest

Socialism is immoral. AOC is simply stupid.

John Balnis
Guest

With all due respect, Dr. Paul, it's not so much that "there's too many rich people" as it is "there's too high a percentage of wealth CONTROLLED by a handful of people" … please be fair to our position

bigdaz7272
Guest

If the 700Billion per Annum was spent on improving the lives of Americans at home instead of Bullets and Bombs there wouldn't be such revulsion for Billionaires.
Personally i think you should institute a new International Law that states if you can catch a Billionaire you can eat him/her and we would solve the issue within a month.

Jj Stewart
Guest

21 century roman emperors

David Jones
Guest

Ron Paul I believed in you, after this I see your just another corporate paid tool ,
You have no idea what it's like to work hard for a living yet struggle paycheck to paycheck,
The argument has nothing to do with envy, the working class has the short end of the stick, no matter left or right in power, it's time for a new moral honest party with integrity, that party will not come from any billionaire,

Kasie Barrett
Guest

unfortunately, socialism IS coming to America and I will not comply. I don't know what I'm going to do but I do know that I will fight any way I can against it and hope others will too.

Nun Ya
Guest

I CELEBRATE AOC AS THE BEST FREE POLITICAL ADVERTISING A REPUBLICAN, CONSERVATIVE OR INDEPENDENT CAN GET.
#MAGA. #WWG1WGA
#ALEXJONESISRIGHT

Nun Ya
Guest

AT LEAST OCCASIONAL CORTEX (AOC) IS TELLING THE TRUTH ABD EXPOSING "THE NEW COMMUNIST PARTY USA" AGENDA FOR WHAT IT IS.
THAT IS WHY THE ( former Democrat party) IS ANGRY ENOUGH WITH HER TO THREATEN HER WITH BEING PRIMARIED WITHIN A MONTH OF TAKING HER SEAT.
SHE IS THE GIFT THAT KEEPS ON GIVING.
I HOPE SHE JUST KEEPS TELLING THE TRUTH ABOUT THE "NEW COMMUNIST PARTY USA".
THEY CANNOT HIDE FROM THEIR OWN.
GOT NOTHING TO DO WITH ENVY, IT US THEIR AGENDA AS TRUE COMMUNISTS. "THE STATE IS ALL". ONE WORLD GOVERNMENT.

DucksDeLucks
Guest

Thou shalt not steal? Hmm… Do we give the country back to the Indians? Oh, that's different!

Emperor Alvis
Guest

Rothschilds = pure evil.

Darrell Johnson
Guest

Today's economy is as fake as Obama and his whoring momma fiat currencies = fake economy for rich and evil Greed

Joshua Norris
Guest

Great segment Dr. Paul!

Oscar Rivera
Guest

@Cazzador Peru  Me imagino que tu eres de la gente qué se informa de las noticias manipuladas delos goviernos ultra derechistas… Que ciego estas… Las armas no las regalan las venden y los billones qué costarán vendrán del presupuesto de la nación recortando el presupuesto, como siempre, salud, educación seguridad etc etc etc en otras palabras las guerras unden mas en pobresa aun país y lo endeuda por décadas con los países explotadores como EE UU y Europa y estos países se hacen más ricos con la miseria y destrucción creando guerras . Recuerda un país destruido por una guerra… Read more »

Mark Walther
Guest

anyone who males a million bucks a year…makes too much money (it takes 50 yeast to make 1 million dollars at $10/ hour…yes, a lifetime).

Mark Walther
Guest

it takes 50,000 years to make 1 billion dollars at $10/hr. it would take 5 million years to make 100 billion Dallas at $10/ hr.

driverx 36158
Guest

In africa the government is taking the whites property. That is not only racist but theft. Cortez does not speak of this.

Marco Zerpa
Guest

Great show.

James Wisrik
Guest

We need to cut military and cia by 75%. Ron, there has been with distribution from poor to rich last 50yrs. MAGA, by bringing back policy prior to 1970 with tax 70% to 90%.

Anthony Emrick
Guest
Anthony Emrick
Guest

Wow, Dr. Paul Absolutely Hit the nail on the head…. ENVY is exactly what is behind this push towards socialism.
THOU SHALL NOT COVET… there is a good reason for that… It only Leeds to more Suffering.

blackriflex39
Guest

What about all the so called middle class getting huge tax returns

z g
Guest

Thank you Dr. Paul

Joel Polanco
Guest

But, AOC did not say it was/is immoral to be a billionaire. She attacks the system that allows them to be billionaires by leaving behind who really creates wealth, the workers.

Brass Monkey
Guest

Some people still think the Fed is government department !!!! It's too late to do any fixing now.

Kaivey
Guest

There is no one more envious of the rich than he rich themselves. Many hate it if someone is richer than them.

Kaivey
Guest

If we tax the rich to stop them becoming billionaires, then their desire for war will go as there will be no profit in it for them.

Nancy Smith
Guest

Employment is not good, everyone knows it except old rich people
Need more unions to protect people from the evil and the greedy

Bailing On Columbine - Psychiatry On The Left
Guest

Printing money is the Democrats plan to get rid of Billionaires.

Nagel
Guest

Hang the FED BANKSTERS.

Nagel
Guest

In 2015, the Federal Reserve earned net income of $100.2 billion http://www.free21.org/the-federal-reserve-cartel-the-eight-families/?lang=en