Coming off the release of his book, Swords Into Plowshares, and his 80th birthday party, Ron Paul continues to captivate Americans with questions about the economy, specifically the US dollar.
“It’s obviously a big deal because there’s a currency war going on,” Paul said about China’s recent maneuvers.
“Central economic planning and manipulation of wage and price controls in the economy is generally looked on with disdain, but for some reason most of the conventional economists and teachers say that it’s necessary to have central economic planning and total control of the price of money.”
Asked if another big collapse like in 2008 is coming soon, Paul said “Something big like that will happen, and I think it’s tied to the geopolitical events too.”
Ron Paul was sure to cite Austrian economics as the key to understanding and solving the financial and monetary crises.
Nick Hankoff is a staff writer for Voices of Liberty, the Chairman of the Republican Liberty Causes of Los Angeles County, California, and a contributor to Constitutional Rights PAC.