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Ron Paul on Federal Reserve

“The Federal Reserve's creation was unconstitutional and defied every restraint in the Constitution.”

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More from Ron Paul on Federal Reserve

“The Federal Reserve is not owned by the government; it's an absolute private bank.”

“The biggest challenge is who controls the Federal Reserve, not just who owns it.”

“People believe the Federal Reserve regulates the economy, but they do no such thing.”

“The Federal Reserve promotes the idea of protecting consumers, but it primarily protects big banks.”

“We need a total separation of banking and state to achieve different results.”

“Free-market banking would provide insurance without government interference.”

“The control of the Federal Reserve is very bad news, and we need to get rid of it.”

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