Political Quotes

Rand Paul: The Federal Reserve is hardly a protector of the consumer when it distorts the interest rate that is paid to the savers.

On the recordJuly 15, 2009
The Federal Reserve is hardly a protector of the consumer when it distorts the interest rate that is paid to the savers.
Said by
Rand Paul
Republican · Kentucky

Editor's note · Context

Ron Paul argues that the Federal Reserve harms savers and consumers through interest rate manipulation.

Share

More from Rand Paul

Aug 6, 2026

It’s a good legal discussion, and we will make those legal points to DOJ in sending the referral over.

foxnews.com
Jul 29, 2026

I think he actually could do better in the hearing if he'd come forward and apologize for funding this research.

foxnews.com
Aug 7, 2026

We only have one question: Whether to hold a witness responsible for his contempt toward Congress.

cbsnews.com
Jul 31, 2026

I don't think this has ever been truly and fully adjudicated.

cbsnews.com

Other voices in this conversation