Ron Paul warned the country was worse off than it had been in some of the most challenging economic times in its history, including the Great Depression of the last century.
Tuesday, during an appearance on Newsmax TV’s “American Agenda,” former Rep. Ron Paul warned the country was worse off than it had been in some of the most challenging economic times in its history, including the Great Depression of the last century.“[T]he founders understood exactly what we’re talking about,” he said. “They had the runaway inflation with the Continental Dollar. So they put in the Constitution that only gold and silver could be legal tender.
“I think the bubble is bigger,” Ron Paul added. “I think the debt is bigger. The demands are bigger, and people are way overconfident even though they’re getting worried — way overconfident that you can take your debt at $10 trillion and, in a few years, switch it to $30 trillion, and nothing changes.”
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