Ron Paul on the Federal Reserve and Its Failure to Protect the Consumer

Financial Services Hearing, 16 July 2009

Youtube:

• Opening statement: "Federal Reserve Inflation Wipes Out The Middle Class, Protects The Wealthy"
  
• Hearing: Ron Paul Questions Fed Governor Elizabeth Duke at Financial Services Hearing 7/16/09

Note that "core inflation" doesn't take into account the prices of food and energy.

Further reading:

• Ron Paul