4.9 • 2.2K Ratings
🗓️ 2 October 2024
⏱️ 16 minutes
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0:00.0 | Yes, Dr. Paul, we're going to put you in the hot seat and we got these questions from Twitter and this is the this is |
0:14.8 | asked Ron Paul so we're gonna go ahead and ask you some questions and our first |
0:18.8 | question comes from impure Hunter and he asks do you think the recent Fed activities will lead to a 2008 level |
0:26.4 | recession what do you think Dr Paul are we headed for another recession yes and that's |
0:32.1 | that's not a difficult prediction because anybody that knows and understands anything about monetary policy and spending. |
0:40.0 | The dye had been set and I date it and everybody that knows what I talk about. |
0:47.0 | It's been around since 1971, so it's not just the 2008, the inflation of 2008 to get out of a mess we had temporarily but |
0:57.1 | since 71 the Fed had license to steal license to print money license money, license to counterfeit, license to play around with all the special interests, |
1:08.7 | whether it's foreign war or domestic activity or pharmaceutical companies. |
1:14.0 | They all have the accommodation. |
1:17.0 | So it is something that is set in place. |
1:20.0 | Oh, 8 was a bad year. |
1:22.0 | And the recession was very bad year and the recession was very bad people took our little fire could |
1:26.7 | this be it could we really have the collapse well came close to it but they |
1:31.7 | built it out with another shot of heroin. |
1:34.1 | You know they keep uh... |
1:35.4 | I wish they would uh... worry about this addiction and the addiction |
1:39.3 | uh... to counterfeiting money which is fraud |
1:42.1 | uh... which is illegal, it's unconstitutional, and the whole |
1:45.8 | system has run on that program. |
1:48.8 | So that's where the real problem is. |
1:51.9 | And so yes, I'm not a bit surprised that it will lead to a |
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