Glick Report
  • February 28, 2008 07:57 AM EST by Alexis Glick

    Ron Paul's Inflationary Recession

    Just finished interviewing Congressman Ron Paul about the economy and Fed Chairman Ben Bernanke's testimony. He questioned him on the Hill yesterday about the weak U.S. dollar and how it is having negative ramifications. He says we are at a period that we have not seen in U.S. history. He did say that he thought we were in a recession but he called it an INFLATIONARY RECESSION. He is the first person that I have heard say that! He is very concerned about the dollar and currencies and talked about how more Country's and investors are seeking hard assets (commodities) over currencies. This comes on the heels of an announcement by Calpers that it plans to invest an additional $7B in commodities. They have a $240B dollar fund and only started investing in commodities last March.

    I urge you to take a look at what the Congressman had to say.

    Update: Click here to watch the video

Tim

ALEXIS: I am a Ron Paul supporter for whom "the economy" was not the big issue. After reading some of Dr. Paul's writings on the subject, listening to him talk about it during this campaign season, and looking over his congressional voting record, I am convinced he is the only candidate with an intellectual grip on economics. Thank-you for having him on your show, and for asking such intelligent and engaging questions yourself. Tim Smith MS-USA

February 28, 2008 at 1:47 pm

Rick Litten

Dear Alexis, Thank you so much for your excellent interview with Dr. Paul. He has been saying these things for a long time; you are one of the first to realize he speaks the truth, and to give his views airtime. Congratulations for your insight! Rick

February 29, 2008 at 12:42 pm

TJ

See how easy it is to care and try to have an honest interview. I kept waiting for the negative question or tasteless hit. Thank goodness there are people like you on TV. I am going to watch your show now. I knew there were some people who understood marketing, you just got the eyes of hundreds of thousands of Paul supporters.

February 29, 2008 at 11:38 pm

Kevin

Wonderful interview of Dr. Ron Paul! Thank you Alexis for allowing Dr. Paul to get his points across. I had given up on Fox news but you're going to win me over to Fox business with more interviews like this! Keep up the good work!

March 2, 2008 at 3:10 pm

Heather in IL

Ms. Glick, Thank you so much for that very informative interview with Congressman Paul. As a middle income mother of 4, I have grown very concerned about the state of our economy, and that interview opened my eyes to the reality of our situation. I have listened to every other candidates ideas on how to "fix" the problem, and the other 4 seem to say that we can fix it by doing more of the same. Congressman Paul seems to be the only Candidate who speaks the truth about our situation, and truly UNDERSTANDS it. Please continue to keep us informed with interviews such as these. Thank you for requesting that Congressman Paul appear in person. I look forward to that interview. Heather

March 2, 2008 at 3:25 pm

Lj

As the economy worsens Dr Ron Paul's message of "Drastic Change" becomes a more enlightening option for America. Please remember Americans that there is no "Fix it Pill" for our present economic situation. Dr Ron Paul's message of change will require an immense amount of work on his part and the support of America. Dr Paul has never disguised the fact that change will be uncomfortable but is necessary to prevent the fall of America. Please Alexis continue your efforts to get Dr Ron Paul's message of change out there. We the "Grass Root American People" commend your efforts !! PS: It's all about following the Constitution. (Nothing More, Nothing Less)

March 2, 2008 at 6:37 pm

jack

I've always been impressed by Ron Paul's insight on the economy, but I was equally impressed with the admirable way in which you conducted the interview. Great job!

March 2, 2008 at 8:31 pm

Charlotte Juett

Thank you for your enligthening article on the economy with Dr. Paul. It seems that very few of the MSM have the stomach to take on the powers that be and you are to be commended for speaking the truth.

March 3, 2008 at 10:31 am

Melanie

Ms. Glick, Your interview with Dr. Ron Paul was fantastic. Thank you, Melanie

March 3, 2008 at 6:06 pm

Michael

Finally! ... someone other than Ron Paul is willing to broach/talk about these issues. I would love to hear more from you on these macroeconomic topics. I don't understand all of it, but the more and more I do understand the more and more I get concerned our gov't has no clue what it's doing. Should I be? Please help me and the rest of the world understand what is truly going on. I would love to hear a couple smart economists debate the points of the economy (who knew economics could be so subjective...) I hear Ron Paul's Austrian side of things, but I am unable to unearth the counter arguments that I assume the smart folks running our banking system must have... right? please tell me someone running our country knows better about these things than Ron Paul? or if that's not true.. would love to know that as well.

March 4, 2008 at 2:37 pm

blakmira

Dear Ms. Glick, I am beyond impressed at the way you interviewed Dr. Ron Paul. May I say you are a beautiful person inside and out? While most of the media completely ignores the fact that Dr. Paul is even running for President, you were respectful and asked him so many insightful things about the economy. I cannot think of a man more qualified to be our next President in every way, especially in these troubling times. Bless you, Ms. Glick, and could you please have Dr. Paul on regularly? You would be helping this country more than you would ever know, and we would be eternally grateful. Thank you. Sincerely, A. Hayes, Georgia

March 4, 2008 at 6:33 pm

Dr. Paul on the Economy and Bernanke « Before the Face of God

[...] head over to the Glick Report and read a great short post and watch the accompanying video where Alexis Glick interviews Dr. Paul [...]

March 7, 2008 at 6:50 pm

tj

You and Elizabeth are on to something. Because of your blog and then interview I watch your network instead of the others. About time people understand the problem we are facing. Now the talk that maybe we are not going to have negative growth makes what the fed did even worse. Now to stop inflation they have to stop cutting and maybe start raising, causing more housing problems. Please make people aware there is such a thing a looking ahead.

March 28, 2008 at 5:30 pm

about this blog

  • Alexis Glick is an anchor for FOX Business Network. Prior to joining FOX, Glick served as a correspondent for the Today Show and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange.

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