Throughout a current interview, Dr. Ron Paul, the previous Texas Congressman and presidential candidate, made some grim predictions concerning the financial system and the place we’re headed.
He principally steered that what we face now could be presumably on par with the Melancholy and different huge financial downturns.
That is made all of the extra scary by how proper Paul has been about different issues.
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Ron Paul: What We’re Dealing with At this time ‘a Lot Worse’ than the Melancholy, Latest Downturns
Tuesday, throughout an look on Newsmax TV’s “American Agenda,” former Rep. Ron Paul (R-TX) warned the nation was worse off than it had been in among the most difficult financial instances in its historical past, together with the Nice Melancholy of the final century.
Paul decried the financial insurance policies of inflating the cash provide and the U.S. debt because the causes.
“[T]he founders understood precisely what we’re speaking about,” he mentioned. “That they had the runaway inflation with the Continental Greenback. So that they put within the Structure that solely gold and silver may very well be authorized tender. And if we had adopted that, we wouldn’t have had the welfare-warfare state with these large deficits and what we’re going through as a result of I feel what we’re going through as we speak is loads worse than what we’ve had prior to now, whether or not it was the Melancholy or whether or not it was the downturns we’ve had in recent times.”
Watch the video under:
Ron Paul has been speaking about these things for years.
“The actual deception is once we distort the worth of cash, once we create cash out of skinny air”
– Ron Paul
— Wall Avenue Silver (@WallStreetSilv) July 6, 2022
“We have to perceive the extra authorities spends, the extra freedom is misplaced…As a substitute of merely debating spending ranges, we should be debating whether or not the departments, companies, and packages funded by the finances ought to exist in any respect.”
— 🇺🇲 Silent Majority 🇺🇸 (@SilentM42187264) July 6, 2022
The US is in a darkish place.
Let’s hope Biden doesn’t someway handle to make it even worse.
Cross posted from American Lookout.