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 Ron Paul: The People Have Heard Enough Noble Lies About the Fed

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Ron Paul: The People Have Heard Enough Noble Lies About the Fed Vide
PostSubject: Ron Paul: The People Have Heard Enough Noble Lies About the Fed   Ron Paul: The People Have Heard Enough Noble Lies About the Fed Icon_minitimeMon Sep 09, 2019 11:50 pm

In Ron Paul’s latest weekly column, the former Libertarian and Republican presidential candidate and congressman took aim at former New York Federal Reserve President Bill Dudley, who penned an infamous op-ed for Bloomberg where he called on the Fed to interfere in the 2020 election.

Ron Paul: The People Have Heard Enough Noble Lies About the Fed Ron-Paul-Fed-440x264

Former Federal Reserve official Bill Dudley’s recent op-ed calling for the Federal Reserve to implement policies that will damage President Trump’s reelection campaign states that such action would be unprecedented. Dudley claims the Federal Reserve bases its policies solely on an objective evaluation of economic conditions. This is an example of a so-called noble lie — a fiction told by elites to the masses supposedly for the people’s own good, but really designed to maintain popular support for policies that benefit the elites. Dudley’s noble lie is designed to bolster a rapidly (and deservedly) eroding trust in the Federal Reserve. The truth is the Federal Reserve has always been influenced by, and has always tried to influence, politics.

https://moneyandmarkets.com/ron-paul-the-people-have-heard-enough-noble-lies-about-the-fed/
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