Thursday, June 20, 2013

Ron Paul: Paper Money Always Self-Destructs

“What happens now when the next recession starts under these conditions, where you still have … 20 some million people underemployed, 47 million people on food stamps, and you have a downturn? All they can do is spend more money and print more money – and there’s a limit to this. And I think we’re at that point. … Eventually the market will rule, and it won’t be a happy scene.”

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