"I think it’s going to be closer to Venezuela, with runaway inflation and the destruction of the currency," warns Dr. Ron Paul. Speaking with Daniela Cambone, he criticizes interest rates as a tool for price manipulation and cautions that the insurmountable debt will not “end well.”
Dr. Paul also discusses the need to eliminate foreign aid, criticizing its use as a political tool. "[Foreign aid] is immoral. They use that principle of sympathy and helping people… it’s a pretext," he asserts.
On gold, he tells Daniela Cambone that under current government policies and regulations, no investment is entirely safe, but “gold is safer.” As for the idea of selling gold to buy Bitcoin, as suggested by Michael Saylor, Dr. Paul finds it “beyond my comprehension,” he concludes.
CHAPTERS: 00:00 Eliminate foreign aids 7:40 Syria 9:30 Tariffs on BRICS 10:43 Bitcoin 16:14 Gold vs bitcoin 17:30 Interest rates 19:30 Cut spending 22:50 Truth versus nihilism
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