Initial applications for unemployment insurance benefits increased from 211,000 in the first week of march to 6. Ron paul is warning in television commercials of a calamitous u. Congressman and three time presidential candidate ron paul of texas enjoys a national reputation as the premier advocate for liberty in politics today. Essentially, paul is saying that understanding the petrodollar system and the forces affecting it is the best way to predict when the u. 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. Paul and his wife currently reside in lake jackson, texas. Jul 25, 2019 if an economic collapse occurs, it would happen quickly. Theres no way to know how much has occurred in the past or is still happening. Federal agents, in a move that could have an impact on the presidential race, raided the indiana office of the issuer of a private currency known as the liberty dollar and seized tens of thousands of coins bearing the likeness of a presidential candidate, rep. Likewise today, a paradigm shift in the global monetary system also seems inevitable. Heres why ron paul interviewed by dan dicks on press for truth.
Is the mighty american dollar about to be crushed by cold economic reality. Ron paul is calling for the end of the petrodollar system. In the postmeltdown world, it is irresponsible, ineffective, and ulti. Yes, us dollar currency will inevitably collapse, as the world loses confidence in us. This book is a quick read that covers the whole history of monetary. Debunking ron pauls talking points pragmatic capitalism. Ronald ernest paul born august 20, 1935 is an american author, physician, and retired politician who served as the u. In the book, he laid out the case for abolishing the nations central bank because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty. In his view, the feds policies, and not real economic growth. He alone among the political class sounded the warnings and sees the way out. Ron paul economist world news, politics, economics. As the foundation points out, ron paul did write the book on ending the federal reserve. May 21, 2015 a collapse in our currency would result in a spike in inflation. 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.
The dollar will collapse china and japan, the second and third largest economies in the world, are for the first time in modern history trading their currencies directly. He titled his 2009 new york times bestseller end the fed. Ron paul says an accident or false flag will cause the collapse of the dollar. In 1982, paul was the prime mover in the creation of the u. How the coming dollar collapse will leave americans destitute. What ron paul told me about the end of dollar hegemony doug.
Is the united states facing a total financial collapse in this generation. Is ron paul right about the coming collapse of the dollar. Although written in 1981, this pamphlet written by dr. Saving face in afghanistan end the fed ron paul best price. Ron paul, will be a precipitous decline in the value of the dollar. Economic collapse is predicted in 2020 massive 78% u. By considering ron paul s words, we will know when the dollar collapse is imminent. The dollar keeps rising, for good or evil the new york times. 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.
Paul is referring to the petrodollar system, one of the main pillars thats been holding up the us dollars status as the worlds premier reserve currency since the breakdown of bretton woods. There is no escaping the fact that all fiat currencies throughout history have reverted to zero eventually. The proposed cures bailouts, more money creation, and stimulus spending will just make matters worse. Before the us house of representatives, february 15, 2006 a hundred years ago it was called dollar diplomacy. Stewart, moreorless a leftlibertarian, clearly sees paul as one of the good guys, and his audience seems to agree. Popular currency books meet your next favorite book. The second financial bubble is going to soon burst, and theres nothing anyone can do about it. I doubt that there are many in power who want better for this country than he does, but some of his talking points need to be reframed and corrected in order to avoid confusion about the way our modern monetary system operates in an interview this morning on cnbc he made some frighteningly. Ron paul on the public debt and the collapse of the. The numbers need to be updated, and its obvious that predictions of monetary collapse in the 1980s were slightly off, but all the evidence is clear that such a collapse is coming, it was only delayed. Paul talks about the coming dollar crash and how it will happen.
You love them for the values, the virtues, which they have achieved in their own character. As for what could replace the us dollar, paul speculates that bitcoin could be an alternative to governmentbacked fiat currencies like the dollar. The end of dollar hegemony by ron paul by ron paul watch ron pauls speech on video. Are ron pauls competing currencies the answer to monetary. 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. Ron paul fears that the united states is turning into an orwellian police state. 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. Will it be an inflationary or deflationary depression. What will the history books say of this coronavirus. Ron paul releases dire warning of a massive impending currency crisis that will be worse than the 2008 financial crisis.
End the fed is a sharp counter to keynesian economic theory, and takes. Want to know when the fiat us dollar will collapse. Love should be treated like a business deal, but every business deal has its own terms and its own currency. He compares the fiat currency to a ticking time bomb that is ready to self destruct. He urges viewers to prepare by buying a survival blueprint, a book. Sep 11, 2016 senator ron paul warns of coming economic and currency collapse, the likes of which have never before been seen or experienced in the us. Paul argues that in the postmeltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious. The united states is destroying itself from the inside out. The truth may just be a lot more frightening than you ever imagined. The first sign of a currency crisis, according to dr.
The surprise factor is, itself, one of the causes of a collapse. The book was published on february 9, 2009 by regnery. The signs of imminent failure are difficult for most people to see. How the coming dollar collapse will leave americans destitute written by. The crash of the dollar is not a matter of ifbut when. End the fed is a 2009 book by congressman ron paul of texas. Who will loan the us that kind of money with interest rates at zero. Paul is the leading spokesman in washington for limited constitutional government, low taxes, free markets, and a return to sound monetary policies based on commoditybacked currency.
Must listen ron paul the dollar will collapse 100% on february 2018 last warning to america discussion in world affairs started by onebyone, feb 8, 2018. Rand paul continues his bid for the 2016 republican. The first sign of a currency crisis, according to paul, will be a precipitous decline in the value of the dollar. Previously they were forced to first convert to dollars. Rickards is an american lawyer, speaker, gold speculator, media commentator, author on matters of finance, and precious metals expert. The terms marian apostolate of the laity or apostles of light of the immaculate heart or us or we refer to the owner of the website whose. Senator ron paul warns of coming economic and currency collapse, the likes of which have never before been seen or experienced in the us. His life and career is the subject of the 2012 film ron paul uprising. Considering the us governments politicallymotivated irs actions, cia torture programs, nsa. The corruption of america is a kind of moral decay. Why the us hates iraq, iran, and venezuela lewrockwell. When the economic collapse and stock market crash occurs, it will happen quickly. Gold commission, and in many public speeches paul has voiced concern over the dominance of the current banking system and called for the return to a commoditybacked currency through a gradual reintroduction of hard currency, including both gold and silver. It is a venezuelanargentine style hyperinflation that will make the present economic crisis look like.
Ron paul on economic collapse 2020 report brutal proof. Stewart, moreorless a leftlibertarian, clearly sees paul as one of the good guys, and. February 3, 2020 february 3, 2020 no comments on ron paul speaks out. He regularly contributes his thoughts and ideas to the ron paul channel. It would create not just inflation, but hyperinflation, as the dollar became dirt cheap. Crypto advocate ron paul to headline 2019 litecoin summit. Jun 06, 2015 while rand paul runs for president, his father predicts the collapse of the country he hopes to lead. In the postmeltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without.
Here, rather than let a collapse of inflationary credit wipe out banks, securities, and realestate values, the government creates yet more currency and credit to prop things up. Ron paul is a former congressman and presidential candidate. Opportunity in the dollar collapse the daily reckoning. Ive already exposed ron paul as an agent of controlled opposition working for the koch brothers. Ron paul at the launch of rand paul s presidential campaign in louisville last month. Ron paul is an american politician that severed in the house of representatives for many years. I like his current legislation to have a full blown audit of the federal reserve but there are those in congress who will be found to have their influences and hands in the feds cookie jar.
Apr 14, 2015 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 will do later this year. Ron paul is personally losing a fortune because of gold. Author ron paul has been the leading champion of sound money in the congress. Paul s prediction, although rather dire, is for the collapse.
Inspire a love of reading with prime book box for kids. Ron paul on the public debt and the collapse of the dollar. Covid19 has plunged the united states into a national emergency. Ron paul investment ad predicts currency crisis, civil unrest. This allowed the federal reserve to print fiat money, meaning it could print as much money as it wanted. Jun 25, 2015 former republican congressman ron paul warns that investors should be worried about a u. Major topics include currency collapse, inflation, gold and silver, crisis investing strategies, cryptocurrencies, war, geopolitics and clean technologies. While a few investigators and online commentators claim the us economy may crash and all wealth may be vanquished and destroyed by a prolonged coronavirus lockdown and quarantine, few americans catch on that the current covid19 coronavirus epidemic and quarantine is a cover for an already collapsed economy with the viral epidemic serving as fearful distraction as a sudden and unprecedented economic collapse unfolds. It pumps massive amounts of new purchasing power into the economy to create demand even, or rather, especially among corporate and individual welfare recipients, who produce nothing in return. Its one of the main pillars thats been holding up the us dollars status as the worlds premier reserve currency since the breakdown of bretton woods. A collapse in our currency would result in a spike in inflation. Senator ron paul warns of coming economic and currency. Ron paul releases dire warning of a massive impending. I doubt that there are many in power who want better for this country than he does, but some of his talking points need to be reframed and corrected in order to avoid confusion about the way our modern monetary system operates.
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 will do later this year. Ron paul rtx is correct, an economic doomsday is here. Learn the truth about our country, and the world at. Rickards graduated from lower cape may regional high school in cape may, new jersey, in 1969. 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. The making of the next global crisis 2011 and five other books. You love people not for what you do for them or what they do for you. Texas congressman ron paul in his latest book hitting shelves this week. Oct 18, 2011 ron paul is one of the truly honorable and honest men in congress. Yet the obstetricianturnedpolitician has an idyllic life in texas, where he gardens and rides bikes.
Pauls prediction, although rather dire, is for the collapse. Nothing orderly about the currency collapse thats coming it will be a panic. Is ron paul right about the coming collapse of the. 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.
Ron paul is still relevant to the times we are facing today. And, it is not backed by gold, silver, or any other mineral. The gold collapse is personally costing ron paul a fortune. Thats because the signs of the economic collapse are difficult to see. The dollar will crash and the govt is too involved. After world war ii, and especially after the fall of the soviet union in 1989, that policy evolved into dollar hegemony. Its not like there wasnt anybody who saw the economic woes of the week on the horizon. Discover delightful childrens books with prime book box, a subscription that delivers new books every 1, 2, or 3 months. Representative for texass 22nd congressional district from 1976 to 1977 and again from 1979 to 1985, and for. Off the grid news staff financial 5 comments print this article an increasing number of financial experts are saying the united states dollar is no longer a reliable and dependable currency and that its downfall is inevitable. Ron paul warns of coming economic collapse greg hunters. He addresses monetary policy during critical times such as the late 1970s inflation mania, and was a lone voice pointing to the real.
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 what ron paul is referring to here is the petrodollar system. Investors would rush to other currencies, such as the yuan, euro, or even gold. Officials in charge of monetary policy are very aware of whats coming they believe as long as it is orderly they will be ok the problem is when people lose confidence in a currency. Ron paul, rtexas, testified before house financial services committee. Just the other day i got an email in which ron paul, libertarian icon, former member of congress from texas and father of the republican presidential. Meltdown is a book on the global financial crisis of 20072008 by historian thomas woods, with a foreword by rep.
As this books shows, ron paul is a master of the topic and the nations teacher on a vast range of economic issues. We will know that day is approaching when oilproducing countries demand gold, or its equivalent, for their oil rather than dollars or euros. Watch the petrodollar system and the factors affecting it. In this book, ron paul provides answers to questions that few even dare to ask. Federal reserve currency is created by the federal reserve, and loaned to the us government and us banks. He said you needed to buy gold and prepare for hyperinflation and a dollar collapse. Ron paul is one of the truly honorable and honest men in congress. Video by press for truth published may 30, 2018 updated may 29, 2018. But here are top five signs to look for, signaling that an economic collapse is about to happen. Ron paul on the coming dollar crash, cashless society. It is called getting rich selling books to people who like to be scared. Must listen ron paul the dollar will collapse 100% on.
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