Ron Paul Liberty Report
  • Home
  • Archives
  • About

2025 New Year’s Resolutions, Part Two

1/13/2025

 
Picture
By Ron Paul

Even though we are two weeks into 2025, I want to suggest some more New Year’s resolutions.

The Federal Reserve should resolve to stop enabling excessive federal spending by purchasing Treasury bonds, thus monetizing the federal debt. The Federal Reserve’s monetization of federal debt enables the federal government to amass trillions of debt while running a global empire abroad and a welfare state at home.

The American people feel the effects of the Fed’s debt monetization in the form of the regressive inflation tax.

Eventually the monetization of federal debt will lead to a major economic crisis caused by, or resulting in, the rejection of the dollar’s world reserve currency status.

The Federal Reserve should also resolve to refrain from developing a Central Bank Digital Currency (CBDC). A digital currency controlled by the Fed will give government new power to violate Americans’ financial privacy.

The media should resolve to stop gaslighting the American people with misinformation. For example, the media should stop repeating the lie that a failure to raise the debt ceiling will lead to a government default on its debts. The truth is a refusal to raise the debt ceiling would force Congress to reduce present and future spending — just like most people do when they find themselves in debt.

Another example of false news is that Russia’s invasion of Ukraine was unrelated to the US supported 2014 coup in Ukraine and the breaking of the promise that if the Soviet Union withdrew from Eastern Europe the US would not support expanding NATO.

Finally, those committed to the cause of liberty should resolve to increase their understanding of the benefits of liberty and the dangers of authoritarianism. This means studying the works of libertarian thinkers like Ludwig von Mises and Murray Rothbard as well as of the opponents of liberty on both the left and right. It also means staying up to date with current events and trying to find the truth behind the lies of the mainstream media and the political class. Understanding our opponents’ arguments helps us win debates and, more importantly, win converts.

Those wishing to advance the cause of liberty should spend time thinking about how their skills and interests can be best used to help the cause. Some people are best suited to run for public office while others are drawn to teaching or working for a public policy “think tank.” There is a great need for more journalists who understand economics and liberty.

There is also a need for pro-liberty individuals who make movies, write books, and preform music. I have always believed music must be part of any successful libertarian revolution. Anyone who doubts the importance of culture should consider how many people were introduced to the ideas of liberty through Ayn Rand’s novels, and how many people came to understand the evils of authoritarianism through the novels of George Orwell.

The liberty movement also needs more people willing to not just fund candidates but also to invest in those organizations developing and spreading information about the ideas of liberty and the dangers of all forms of authoritarianism. I hope everyone joins me in resolving to make 2025 a year of liberty, peace, and prosperity.

Comments are closed.

    RSS Feed

    Archives

    May 2025
    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015



  • Home
  • Archives
  • About