"The true definition of 'inflation' is when you increase the money supply."
"I'm more convinced that there aren't more systemic events than there are systemic firms."
"Bailout begets bailout."
"TARP has morphed into a $700 billion revolving bailout slush fund."
"Should it be the policy of the Federal Government to necessarily reward bad business models?"
"Bailout begets bailout. It keeps private investment on the sidelines."
"Thank you, Mr. Chairman. I want to thank you for holding these hearings because I think they are very important."
"The systematic destruction of the value of our money has not helped our consumers; our consumers are destroyed by the loss of their purchasing power."
"The Federal Reserve is hardly a protector of the consumer when it distorts the interest rate that is paid to the savers."
"Who suffers? The consumer, the people who lose their jobs, the poor people, the middle class."
"The middle class gets wiped out because the value goes down."
"But here in this country, if you happen to want to use silver and gold as legal tender, you go to jail."