The truth is the budget contains some minor spending cuts, most of which are not even real cuts. Paul tirelessly forewarned of the dire consequences of the federal reserve system, fiat currency, deficit spending, corporate statism, and central planning consequences that. Nothing orderly about the currency collapse thats coming it will be a panic. Federal reserve currency is created by the federal reserve, and loaned to the us government and us banks. Listening to the howls from democrats and the applause from republicans, one would think president trumps proposed fiscal year 2021 budget is a radical assault on the welfare state. Find all the books, read about the author, and more. Many of the infected thought they had a normal cold and treated themselves at home with otc meds. Nothing orderly about the currency collapse thats coming it will. Ron paul is predicting a major economic crash and as host naomi pointed out.
Are ron pauls competing currencies the answer to monetary. Paul krugman is an examination of the root cause of the crisis as seen through the eyes of two prominent commentators on the subject, each representing a different school of economic thought. The end of this failed keynesian experiment keeps getting postponed because politicians benefit from keeping the party going making the inevitable collapse that much bigger. According to paul, the collapse of the dollar, and by extension, the stock market will likely come when the fed begins to raise interest rates, something many expect it. Ron paul, rtexas, testified before house financial services committee.
Opening too soon before a vaccine will bring needless death and suffering, he said. Ron paul, former congressman, presidential candidate, author and host of the liberty report. The crash of the dollar is not a matter of ifbut when. Major topics include currency collapse, inflation, gold and silver, crisis investing strategies, cryptocurrencies, war, geopolitics and clean technologies. The book presents the revolution as suggested by representative ron paul. A foreign policy of freedom ron paul mises institute. Oct 21, 2016 this important and authoritative book by two of americas leading proponents of the gold standard has been acclaimed by policy analysts, congressional leaders, and investment experts alike. Ron paul rtx is correct, an economic doomsday is here. Ron paul gains new currency july 16, 2007 hes still a long shot for the presidency, but republican rep. At any time the western house of cards could collapse. We seek to provide individual solutions to collective problems. Rand conducted several interviews with the radio host alex jones, a conspiracy theorist who thinks that 911 was an inside job and shares ron pauls.
February 3, 2020 february 3, 2020 no comments on ron paul speaks out. His book, end the fed, was recently published by grand. Ron paul says an accident or false flag will cause the collapse of the dollar. Its not like there wasnt anybody who saw the economic woes of the week on the horizon. The second financial bubble is going to soon burst, and theres nothing anyone can do about it. Government creation of continentals dollars became worthless in. Rand conducted several interviews with the radio host alex jones, a conspiracy theorist who thinks that 911 was an inside job and shares ron pauls view that america is perpetually on the verge. Yes, us dollar currency will inevitably collapse, as the world loses confidence. Anthony fauci appeared before a us senate committee today to warn senators against opening the country after the coronavirus outbreak. Ron paul may 11, 2020 a fresno, california waffle restaurant dared to open its doors for business this weekend to the delight of a long line of customers, who waited up to two hours for the privilege of willingly spending their money in a business happy to serve them breakfast on mothers day. Ron paul investment ad predicts currency crisis, civil unrest.
Economic collapse is predicted in 2020 massive 78% u. As for what could replace the us dollar, paul speculates that bitcoin could be an alternative to governmentbacked fiat currencies like the dollar. He addresses monetary policy during critical times such as the late 1970s inflation mania, and was a lone voice pointing to the real. Leave a comment filed under america, debt, dollar, economic collapse, financial collapse, gold, reserve currency, ron paul, turkey, welfare. Paul tells kelley that the impending collapse will probably be worse than our great depression, as the savings of millions of people could be wiped out overnight, the stock market could crash by 50% or more, the way of life weve enjoyed as americans for 50. Apr 20, 20 12 ways to protect yourself from the economic collapse. Putins response to us sanctions with economic retaliation.
Representative for texass 22nd congressional district from 1976 to 1977 and again from 1979 to 1985, and for texass 14th congressional district from 1997 to 20. Ronald ernest paul born august 20, 1935 is an american author, physician, and retired politician who served as the u. I understand we have been printing too much money, from studying ron paul. He addresses monetary policy during critical times such as the late 1970s inflation mania, and was a lone voice pointing to the real cause of federal reserve monetary policy. He explains why sound money has meant the gold standard. Can someone explain how a induced, controlled economic.
Its not easy, hopefully the crypto market is going to help. This page consists of excerpts from a selection of ron pauls speeches and columns on economic matters, and a few highlights are bolded below. Rand paul continues his bid for the 2016 republican. Dec 28, 2010 there is one and only one voice in congress for a foreign policy of freedom, and it belongs to ron paul, who has stood alone for freedom for many years. In the revolution, texas congressman and presidential candidate ron paul has exposed the core truths behind everything threatening america, from the real reasons behind the collapse of the dollar and the looming financial crisis, to terrorism and the loss of our precious civil liberties. More debt exists than can possibly be repaid without hyperinflating. The idiots that are gloating about rand testing positive miss the point of what ron said. Download for offline reading, highlight, bookmark or take notes while you read the revolution. While rand paul runs for president, his father predicts the collapse of the country he hopes to lead. Why the us dollar wont crash and why currencies are awful investments duration.
Fractional reserve banking means the each dollar out there has been spoken for multiple times over, like a ponzi scheme, so like all ponzi schemes must inevitably come crashing down. The longer we delay a conversion to sound money and away from central banking, the worse our crisis will grow and the more. American continent into an economic union with a single currency and open borders along the lines of the european union. Paul tells kelley that the impending collapse will probably be worse than our great depression, as the savings of millions of people could be wiped out overnight, the stock market could crash by 50% or more, the way of life weve enjoyed as americans for 50 years could. In this book, ron paul provides answers to questions that. Rickards graduated from lower cape may regional high school in cape may, new jersey. Ron paul on the public debt and the collapse of the. Heres why ron paul interviewed by dan dicks on press for truth. Since then the economy has struggled to improve and the average american has hardly prospered at all. In the video, paul is interviewed by jared kelley of stansberry research about his fears of an impending currency crisis.
Thats because, as paul stated, the federal reserve has set up the american economy for financial collapse for printing trillions of dollars back in 2008 and 2009. Ron paul releases dire warning of a massive impending currency crisis that will be worse than the 2008 financial crisis. Ron paul high risk of economic collapse in 2018 end. Protecting wealth has traditionally been done by owning stuff. House of representatives from texas in office january 3, 1997 january 3, 20 preceded by greg laughlin succeeded by randy weber constituency 14th district in office january 3, 1979 january 3, 1985 preceded by bob gammage succeeded by tom delay constituency 22nd district in office april 3, 1976 january 3, 1977 preceded by bob casey succeeded by bob. A collapse in our currency would result in a spike in inflation. Ron paul can do the same for us, if we make it possible. Ron paul says risk levels are high, and that dollar hegemony and use as the worlds reserve currency is ending. It is reported to be in the area of half a trillion dollars worth of junk debt that is held largely on the books of large.
The first sign of a currency crisis, according to paul, will be a precipitous decline in the value of the dollar. In just over a century, the international monetary system has collapsed three times. Paul believes the artificial economic boom based on inflated fiat currency, which started in 1971, basically came to an end in 2000 with the stock market crash led by the tech sector. Paul talks about the coming dollar crash and how it will happen. Cut, dont freeze federal employee pay there are many ominous parallels between argentina and the u. While the fundamentals are off the table due to the level of manipulation in the monetary system as well as in the markets and one cannot put a date on the coming crash, we know it has to happen. There is one and only one voice in congress for a foreign policy of freedom, and it belongs to ron paul, who has stood alone for freedom for many years. He compares the fiat currency to a ticking time bomb that is ready to self destruct. I am not powerful, but my ideas are powerful, he says. The ron paul revolution by ron paul economics in one lesson by henry hazlitt the law by. Pauls prediction, although rather dire, is for the collapse. Gold and cryptobacked currency are the remedy to an inevitable dollar collapse alex rathod opinion july 2, 2018 3 minutes onceuponatime presidential hopeful and us representative, ron paul has authored an essay which indicts the direction of the us economy and its interest groups and calls for competition with the dollar from. Ron pauls political views are unusual, and, as a closer look at his life reveals, unusually constant, shaping not only his career in congress but also how he has lived his life.
As a 2012 presidential candidate, ron paul attracts increasingly huge crowds of people who also want a return to freedom, peace and prosperity. In order to prepare for the collapse of the dollar and the inevitable riots of unprepared populations and the very possible war with china, we seek to empower the individual to be aware and prepared. Ron is correct that most people, 80% have no symptoms or mild symptoms. Former republican congressman ron paul warns that investors should be worried about a u. The making of the next global crisis 2011 and five other books. Ron paul, sep 16, 2009 gold, peace, and prosperity. Author ron paul has been the leading champion of sound money in the congress. The proposed cures bailouts, more money creation, and stimulus spending will just make. Ron paul of texas has leapfrogged into a distinction usually reserved for chief executives and dead ones, at that. On three occasions, he sought the presidency of the united states. Quotes by ron paul, taken from various speeches, books, interviews. Learn the truth about our country, and the world at. Aug 10, 2016 ron paul is one of the most creditable, knowledgeable, and politically connected people in the united states. But here are top five signs to look for, signaling that an economic collapse is about to happen.
Ron paul is an american politician that severed in the house of representatives for many years. Ron paul economist world news, politics, economics. Ron paul wisdom quotes on liberty, sound economics, peace. Ron paul on the public debt and the collapse of the dollar. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on youtube. As this books shows, ron paul is a master of the topic and the nations teacher on a vast range of economic issues. For ron paul, a distinctive worldview of long standing the. When the economic history of our times is written, one man will emerge as the prophet of both the financial collapse and the disasters associated with government management. Jul 25, 2019 if an economic collapse occurs, it would happen quickly.
What the government will confiscate in the next economic crisis to save itself we do not yet know. Ron paul on economic collapse 2020 report brutal proof. He alone among the political class sounded the warnings and sees the way out. The surprise factor is, itself, one of the causes of a collapse. Meltdown is a book on the global financial crisis of 20072008 by historian thomas woods, with a foreword by rep. The eccentric, famous, and infamous texas congressman has a frail frame and a frailer voice. Paul is a longtime congressman and frequent alsoran presidential candidate who raised some eyebrows with a shortlived flurry of internet donations. The speech is titled the end of dollar hegemony and discussed the breakdown of the bretton woods systemwhich most people know aboutand the defacto system that replaced itwhich most people do not know about. Feb 06, 2012 ron pauls political views are unusual, and, as a closer look at his life reveals, unusually constant, shaping not only his career in congress but also how he has lived his life.
Rickards is an american lawyer, speaker, gold speculator, media commentator, author on matters of finance, and precious metals expert. What ron paul told me about the end of dollar hegemony. Related reading ron paul advocates for cryptocurrencies to be taxfree while criticizing us fed paul claims in a new interview with yahoo finance that the us dollar is in a bubble and is expecting an impending financial crisis that will dwarf the 2008 great recession by comparison. Chris haroun venturescomplete business education 8,173 views 7. May 21, 2015 a collapse in our currency would result in a spike in inflation. There is no escaping the fact that all fiat currencies throughout history have reverted to zero eventually. The signs of imminent failure are difficult for most people to see. This remains the best possible case for a gold dollar and monetary.
He continued stating that competition is healthy and decentralized digital assets provide that. Gold commission and subsequently issued as a minority report of the commission, the case for gold was the first official u. And the ramifications of that happening are hard to overstate. Though the value of the dollar has collapsed since 1971 as evidenced by the price of gold, an ounce of the yellow metal fairly consistently buys.
This time, the us dollar will lose its status as the worlds premier reserve currency. Watch out for the coming economic collapse and civil unrest. It is called getting rich selling books to people who like to be scared. Read this book and work to end the central economic and political evil in america, the central bank that fuels recessions and depressions, the warfare state, the redistributionist state, and the police state. Ron paul at the launch of rand pauls presidential campaign in louisville last month. Ron paul releases dire warning of a massive impending. The us supported this level of debtgdp during wwii, although if this new stimulus package passes, that. Confidence men, by ron suskind, 2011 core of conviction, by rep. Rickards graduated from lower cape may regional high school in cape may, new jersey, in 1969. Ron paul warns of dollar collapse 100% on july 12, 2020.
As for what could replace the us dollar, paul speculates that bitcoin could be an alternative to governmentbacked fiat. And, it is not backed by gold, silver, or any other mineral. The book was published on february 9, 2009 by regnery. For ron paul, a distinctive worldview of long standing. Throughout his time in congress 19761977, 19791985, 1996present, dr. Turkey now, america later posted by david montaigne. There is a large responsibility to protect peoples wealth which banks are failing to do due to the massive flaws in the current financial system brockwell acknowledged that ron paul was one of the first to attempt to educate people about monetary policy and the actions of the fed, before. Ron paul is a 12term congressman who advocates the restoration of freedom, liberty, sound money principles and peace. For instance, when ron paul told cnbc that the stock market is the biggest bubble in the history of mankind, he was strongly criticized for it, but he was 100 percent correct this market is in the biggest bubble in the history of mankind, and when it bursts, it could cut the stock market in half, he told cnbcs futures now. This important and authoritative book by two of americas leading proponents of the gold standard has been acclaimed by policy analysts, congressional leaders, and investment experts alike.
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