Throughout a current interview, Dr. Ron Paul, the previous Texas Congressman and presidential candidate, made some grim predictions concerning the economic system and the place we’re headed.
He mainly steered that what we face now could be presumably on par with the Despair and different large financial downturns.
That is made all of the extra scary by how proper Paul has been about different issues.
Breitbart News experiences:
Ron Paul: What We’re Going through Immediately ‘a Lot Worse’ than the Despair, 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 a number of the most difficult financial instances in its historical past, together with the Nice Despair 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 stated. “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 big deficits and what we’re going through as a result of I feel what we’re going through right now is so much worse than what we’ve had previously, whether or not it was the Despair or whether or not it was the downturns we’ve had lately.”
Watch the video under:
Ron Paul has been speaking about these items for years.
“The true deception is after we distort the worth of cash, after 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 an alternative of merely debating spending ranges, we should be debating whether or not the departments, companies, and applications funded by the price range ought to exist in any respect.”
-Ron Paul— 🇺🇲 Silent Majority 🇺🇸 (@SilentM42187264) July 6, 2022
The USA is in a darkish place.
Let’s hope Biden doesn’t one way or the other handle to make it even worse.
Cross posted from American Lookout.
