The state of the economy - Congressman Ron Paul
This footage is a few months old, but it has such a great message about the future of the economy that I felt it needed to be viewed again. Our economy is in serious trouble and my goal for the next few months is to dig out every bit of footage where politicians are willing to speak up and bring to the table their own opinions on where they believe the economy is and where it is going. This is the best source of information when our own politicians are willing to express their thoughts openly about these issues.
One of the issues that’s mentioned in this video is our currency. The Dollars has been on its longest steady decline in decades and it shows no signs of stopping. Our currency is based on nothing, and it is losing the trust it once portrayed so well. There are a lot of fallacies in the handling of our money, starting with a common belief and false confidence that our currency is backed by gold. This is simply not true.
Our national debt is not repayable, that check will bounce. This is the message I get from listening to Congressman Ron Paul and it is very unsettling to think about it because it is always growing, yet we continue to print money that’s already completely debased.
