AUGUST 20, 1935 – BIRTH OF RON PAUL, US CONGRESSMAN
1935 – BIRTH OF RON PAUL, US CONGRESSMAN
Referring to the Federal Reserve, he stated, "maybe there's too much power
in the hands of those who control monetary policy? The power to create
the financial bubbles. The power to maybe bring the bubble about.
The power to change the value of the stock market within minutes. That to
me is just an ominous power and challenges the whole concept of freedom and
liberty and sound money."