Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. Paul insists that the U.S. economy’s “collapse will come,” and he further stressed that “debt has to be liquidated.”
‘End the Fed’ Evangelist Ron Paul Says the ‘Real World Cannot Run on Lies’
The former 2008 candidate for the presidency of the United States, Ron Paul, believes the U.S. government has gotten out of hand. Paul is well known for his stance toward limited government, Austrian economics, sound money, and anti-war beliefs. Three days ago, the former U.S. representative from Texas detailed that the current president Joe Biden and his administration have drifted far away from reality.
“With each passing day, the Biden Administration drifts further [and] further from reality,” Paul explained in a tweet. “Politicians are notorious for practicing deception, but when lying becomes constant, even it starts to lose its ‘effectiveness.’ The truth [and] those who speak it, become a breath of fresh air. The painful economic realities of government spending and Fed inflation are staring every American in the face.” Paul’s critical tweet storm continued:
Yet, we’re repeatedly told not [to] trust our lying eyes — ‘There’s no recession,’ ‘Inflation was 0%,’ [and] this is followed by even more reckless government spending bills. The real world is not Washington DC. The real world cannot run on lies.
Sound Money Advocate Insists ‘Debt Has to Be Liquidated’
A few days before these statements, the former congressman talked about Nancy Pelosi’s visit to Taiwan and the tensions between China and Taiwan. The interview was conducted with David Lin, the anchor and producer at Kitco News.
Paul also spoke about the U.S. economy and he held a similar view as Peter Schiff who talked about the demise of the U.S. dollar with the Kitco News anchor the same day. During the conversation, Paul criticized the Inflation Reduction Act, and he doesn’t believe the bill will do anything.
“The only way [the federal] debt is going to be liquidated, which is absolutely necessary over a period of time to get the market working again … is by inflation,” Paul told Lin. “The collapse will come … The debt has to be…
Click Here to Read the Full Original Article at Bitcoin News…
