Ron Paul: If Gold Isn’t Money, Why Are Central Banks Buying It Up?

wealthwire.com / by Brittany Stepniak / Thursday, February 28th, 2013

Ron Paul spent his career establishing himself as a advocate for liberty and the gold standard while pleading for an end to the Federal Reserve. Although he has since retired from Congress after a spirited 2012 presidential election, he still makes sure his voice – the voice of the people – is heard loud and clear…

Especailly when he’s talking to Fed Chairman Ben Bernanke.

Yesterday, Helicopter Ben attended a House Financial Serviced Committee hearing on Capitol Hill to testify before Congress bragging, “my inflation record is the best of any Federal Reserve chairman in the postwar period, or at least one of the best, about 2 percent average inflation.”

That may be true, but critics argue that simply goes to show that the Fed was, and still is, doing a horrible job…

The 2012 libertarian presidential candidate, Ron Paul later slammed Mr. Bernanke for his arrogance and poor job performance. Regarding Bernanke’s less-than-impressive tract record. Paul asserts that the Fed will “self destruct eventually.”

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