Ron Paul: "Default Is Coming"
www.realclearpolitics.com
Rep. Paul also talks about how the devaluing of the U.S. has led to record prices in gold bullion.Rep. Paul also talks about how the devaluing of the U.S. has led to record prices in gold bullion.
"Default is coming. The only argument that's going on now is how to default, not send the checks out or just print the money. In all countries our size, they always print the money," Paul said.
"They're going to raise the debt limit, and then they're going to print the money, and then they'll default by inflation, and that's much more dangerous than facing up to the facts of what's happening today."
"Default is coming. The only argument that's going on now is how to default, not send the checks out or just print the money. In all countries our size, they always print the money," Paul said.
(vist the link for the full news article)
Get ready folks hyperinflation is just around the corner. America is bankrupt. They will print more money and devalue the dollar. It's a good time to convert dollars to useful goods that will still be worth something when the dollar turns to toilet paper.
They are all corrupt and useless in Washington. All this talk about reducing the debt but nobody is talking about reducing the military spending. How about closing some of the 1000 or so military bases around the planet, that would save some money right? The cold war is over we have no reason to have all these bases. The Military Industrial Complex is very powerful in America. Nobody wants to stop the highly profitable business of war.
I say bring it on now, it will be worse later if they print more money. It would just kick the can down the road a bit and at the end of the road we would not like what we see.
www.realclearpolitics.com
(visit the link for the full news article)
When the economy collapses and can't afford to eat....
Why wait...Eat a Default Bar..
Heres a good vid of his concerns on this.
Why wait...Eat a Default Bar..
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