Ron paul puts his money where his mouth is barrons. Unless you want our money to continue its steady decline down into oblivion, we must stop inflating the supply and return to a sound money policy. Ron paul rtx is correct, an economic doomsday is here. The recommendations include reestablishing a gold standard and a gold dollar in addition to permitting monetary. Do you take little pieces at a time, do you try for the whole thing at one time. The dollar is eroded, but people must stop trying to live like they used to, versus borrowing. He used ron pauls website to find and join a bostonarea meetup group. And, it is not backed by gold, silver, or any other mineral.
How congress and the federal reserve stole christmas, by. The price of gold struck an alltime high on october 6 as the u. Ron paul s reading list in ron paul s latest bestseller, liberty defined. The second financial bubble is going to soon burst, and theres nothing anyone can do about it. What ron paul told me about the end of dollar hegemony by nick giambruno, editor, international man i spent the past weekend in tucson for the casey research 20 summit, indeed a memorable and informationpacked experience. Flowing hair dollar, the first dollar coin issued by the united states federal government, depicting the goddess liberty and bearing the inscription. The dollar has lost 96% of its value over the past century, and the federal reserve and federal government have been doing their best in the past two years to accelerate that. But i dont worry about that because the dollar is going to selfdestruct.
Unless one actually agrees with ron pauls kooky fed obsession, theres no reason to care what he thinks about it. End the fed is a 2009 book by congressman ron paul of texas. Ron paul predicts hyperinflation, says dollar will be rejected as reserve currency of the world. March 12, 2011 san jose, ca march 12, 2011 amid speculation of a third bid for the presidency, congressman ron paul revealed that growing concerns over u. How rand paul can free americans from the fed mises institute. The dangerous unseriousness of rand paul commentary. His purpose is to inspire serious, critical, and independent thinking. Ron paul warns of dollar collapse 100% on may 12, 2020 economy news today. Paul s son randal is the junior united states senator from the state of kentucky. It s never easy to being the first to do the right thing. Since 1995, carol paul has published the ron paul family cookbook, a collection of recipes she and her friends contributed, and which was sold in part to support ron pauls political campaigns.
The process of this bailout reminds me of a panicstricken swimmer thrashing in the water only making his. Ron paul, former congressman, presidential candidate, author and host of the liberty report. The last time the united states declared bankruptcy. Jul 06, 2018 statebystate the horrendous drug war is finally coming to an end. Iran war could break dollar scott horton posted on october 1, 2009 october 1. Federal reserve pinhead attacks ron paul lewrockwell. Ive written a great deal over the years about ron paul and his deep background as a farright extremist, including his fetish about the federal.
Ron pauls, end the fed serves as a grand demonstration of gods providence ordering all things that come to pass. The book debuted at number six on the new york times best seller list and advocates the abolition of the united states federal reserve system because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty. While i dont agree with all of ron pauls views, the man makes an interesting case for a new monetaryeconomic system in end the fed. The doomed dollar and the case for a stable currency. In his somewhat repetitiousand sometimes fearful book, paul holds the fed responsible for wars, recessions, depressions, bubbles, busts, scheming politicians, overextended consumers and creeping socialism. Congressman and erstwhile presidential candidate ron paul believes that the federal reserve, not money, is the root of all evil. Before the us house of representatives, february 15, 2006 a hundred years ago it was called dollar diplomacy. Well, in the long run the value of all fiat currencies falls to zero. The dollar index, which measures the dollar against a basket of other major currencies, is near 12year highs as the fed has retreated from its stimulative programs at just the same time that. So the ron paul dollar was created as an independent contribution and is. In his 2009 book end the fed, ron paul referred to the dollar as a ticking time bomb so was asked if crypto could be seen as a hedge in times of market volatility. Liberty dollar private currency, a private currency produced in the united states.
Sep 16, 2009 while i dont agree with all of ron pauls views, the man makes an interesting case for a new monetaryeconomic system in end the fed. The bipartisan agreement has something for everyone a 22 billion dollars increase to bring total spending on militarism to 738 billion dollars, and a 27. His portfolio, as reported by the wallstreet journal, is essentially one huge bet against the dollar and the stock market. The bickering over impeachment did not stop the president and congress from coming together last week to avert a government shutdown by passing a 1. So, its just a matter of time before the fiat dollar disappears. And because this is so, it pains me all the more to say what i am about to say. It was truly a pleasure to meet with everyone who joined us. One only needs to reflect on the dramatic decline in the value of the dollar that has taken place since the fed was established in 19. News of a federal raid last week on a sound money outfit that is selling ron paul dollars, reported in saturdays post, is generating no end of quips in the blogosphere about what this development says about the paul campaigns eyepopping. Former republican congressman ron paul warns that investors should be worried about a u. Pauls son randal is the junior united states senator from the state of kentucky. Say what you will about ron paul, but the man practices what he preaches.
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. Paul joseph watson prison october, 2010 congressman ron paul has indicated that he will embark on a bid to become president in 2012 if the economic crisis worsens and leads to a dollar collapse, hinting for the first time that the ron paul revolution, which was the grass roots. Pauls own politics hark back to classical conservatives, such as sen. Ron pauls latest book, end the fed, is already a top50 bestseller on amazon and the book doesnt even get released until next wednesday. If not, we will all pay for our debt by losing everything weve saved. Dollar coin united states, various dollar coins of the united states, including. Sep 11, 2016 federal reserve currency is created by the federal reserve, and loaned to the us government and us banks. Flowing hair dollar, the first dollar coin issued by the united states federal government, depicting the goddess liberty and bearing the inscription liberty, minted in 1794 and 1795. Why the us hates iraq, iran, and venezuela lewrockwell.
I can appreciate ron paul s libertarian philosophy. So, it s just a matter of time before the fiat dollar disappears. Hes representing their position that you dont mess with the dollar. Arizonas hb 2014 will protect gold and silver gold ingots from various countries are displayed at the ginza tanaka gold jewelry shop in tokyo on october 7, 2009. Chromic diseases and maladies can be overcome by taking the remediesoutlined in this book. Published in 1982, this book covers the history of gold in the united states, explains that its breakdown was caused by governments, and explains the merit of having sound money. Nothing good can come from the federal reserve, writes texas congressman ron paul in his latest book hitting.
May 21, 2015 ron paul on the public debt and the collapse of the dollar. He attacks this paragraph in ron pauls book end the fed. Yet this is not reminiscence of good times spent in the halls of power. Ron paul on the public debt and the collapse of the dollar. Republicans, democrats, greens, and even some anarchists, he would joke. How appropriate that this book by ron paul, end the fed grand central publishing. Ron paul says bitcoin ban wont stop dollar from self. Apr 14, 2015 the dollar index, which measures the dollar against a basket of other major currencies, is near 12year highs as the fed has retreated from its stimulative programs at just the same time that.
May 14, 2010 how rand paul became the tea partys obama. Federal reserve currency is created by the federal reserve, and loaned to the us government and us banks. Though pauls belief that the fed is the source of myriad u. While i dont agree with all of ron paul s views, the man makes an interesting case for a new monetaryeconomic system in end the fed. This is just plain old sausage making that benefits the progressive side for once.
Collapse of china explained by chinese american lawyer duration. One of these individuals is former congressman ron paul, who has stated that he believes the u. Ron pauls end the fed condenses a lifetime of wisdom and experience nathan lewis contributor opinions expressed by forbes contributors are their own. Iran war could break dollar scott horton posted on october 1, 2009 october 1, 2009 listen as ron paul explains the danger that the dollar could be pushed passed its breaking point by any war the u. The difference is purely in implementation, ron pauls eldest son, ronnie, said recently on a libertarian podcast, in a discussion of his fathers and brothers respective worldviews. A manifesto is a concise 167 pages and convincing argument for a return to americas libertarian principles. This act as described in ron pauls book, the case for gold, was tantamount to declaring international bankruptcy. The 1978 humphreyhawkins act requires the federal reserve to promote stable prices and full employment. Robert taft of ohio 193953, and to the nations founding fathers. Over the past 16 years, the dollar doomandgloom prophet has invested heavily in goldmining stocks. Mar 22, 2017 john sneisen and i dig deep into ron pauls claims on the ron paul liberty report and look at some revealing charts including m2s current trend as well as the m2 velocity which has hit a historic low of about 1. Ron paul warns of dollar collapse 100% on may 12, 2020. This is ron pauls farewell to congress delivered on november 14, 2012.
Apr 02, 2012 say what you will about ron paul, but the man practices what he preaches. Back then, the world was on a monetary system known as the brettonwoods system. Essentially, paul is saying that understanding the petrodollar system and the forces affecting it is the best way to predict when the u. The end of dollar hegemony by ron paul by ron paul watch ron pauls speech on video. To rescue a falling dollar, hed dissolve the federal reserve and urge a. Ron paul says to watch the petrodollar doug caseys.
Ron paul knows he cant win the 2012 republican presidential nomination, but that was only part of his end game. Yes, us dollar currency will inevitably collapse, as the world loses confidence. I managed to get my hands on an advance copy of the first three chapters and the good doctor doesnt disappoint. It seems there was not adequate time for a full debate, but his full remarks are on his blog and are listed below.
Ron paul predicts hyperinflation, says dollar will be. After world war ii, and especially after the fall of the soviet union in 1989, that policy evolved into dollar hegemony. Gary johnson should build up support in the republican primary, drop. Jun 25, 2015 former republican congressman ron paul warns that investors should be worried about a u. Find all the books, read about the author, and more. Ron pauls immigration views are basically the only thing that makes him a republican. However, in it, his dominion is an eternal dominion. We will know that day is approaching when oilproducing countries demand gold, or its equivalent, for their oil rather than dollars or euros. I found the book to be a relatively easy read, but found myself often stopping to think about what was proposed, so it took a bit longer to get through than expected. Ron paul predicts inflationary depression, stagflation and. Liberty dollar private currency, a private currency produced in the united states dollar coin united states, various dollar coins of the united states, including. Ron paul is calling for the end of the petrodollar system. While not as catchy as end the fed, this piece of legislation inspired by the work of f.
Paul talks about the coming dollar crash and how it will happen. And why dont you do us all a favor and offer us some reasonable arguments as to why ron pauls postions and dollars defense thereof are offbase, rather than resorting to ad hominem attacks. Over the past 16 years, the dollardoomandgloom prophet has invested heavily in goldmining stocks. Now, thats not to say i agree with ron paul on that one. The us dollar collapse will spur 2012 presidential run. The statement can be found in pauls book end the fed p.
The recommendations include reestablishing a gold standard and a gold dollar in addition to. Hayek was perhaps ron pauls most radical pieces of legislation. Since 1995, carol paul has published the ron paul family cookbook, a collection of recipes she and her friends contributed, and which was sold in part to support ron paul s political campaigns. By considering ron pauls words, we will know when the dollar collapse is imminent.