Do you agree with Ron Paul's comments on the secret service and the U.S. national debt crisis? You’re being watched RIGHT NOW and the only way to stop it is by using a VPN. Avoid hacks and protect your privacy before it’s too late! NordVPN offers 65% Off on a 2-year plan +4 extra months! Try it for 30 days or GET YOUR CASH BACK! nordvpn.com/davidlin Subscribe to my free newsletter: davidlinreport.substack.com/ FOLLOW RON PAUL: The Liberty Report: czcams.com/channels/kJ1N-7g9Q6n7KnriGit-Ig.html Twitter (@RonPaul): twitter.com/RonPaul
The economic implications of 1967 when the War on Poverty was unable to find funding, has come back to haunt this Administration. LBJ was careful to avoid any announcement that might spook Americans causing Financial Panic. Yellen and Powell seem to be tired of covering for the Policy that has been spending money for 30 years. I occasionally agree with Ron Paul, today He said what I have been stating for a long time. The Nixon Administration work of David Kennedy to convert the US dollar to Fiat Currency, was a result of spending that was directed at Vietnam. Nixon did not dare to accuse the previous Administration of excessive spending, or they may fall into their own trap. The support for the US Fiat Currency has been eroded for a long time, around 10 years have seen the most . The recognition of that image being enforced by threats used to work. The UN has condemned Colonial Exploitation, the USA seemed to agree. Vietnam and Ukraine are the result of Colonial adventurism. France donated their Colony after WW2 and Dien Bien Pho. The British gave us Iran. The US Foreign Policy of the last 50 years are a result of losing two Colonies. Now the effort to overcome Russians in Ukraine has tapped the Treasury and come up dry. Do the Democrats now appear to hand a burning Bag of Dog Droppings to Trump? Who will face the consequences of 30 years of aggressive Foreign Policy? Will the observance of Capitalism endure the struggle?
Hopefully things may change for the better, since Joebama Buyden 82 has officially DROPPED out of the US Presidential Race, after losing support from major Democratic Allies and Donors. They supported his rival Donald Trump instead. Hopefully, things can change for the better after January 19, 2025. As for Joebama Buyden's Project Ukraine - I'm afraid that this conflict in Ukraine will end the same way the War in Afghanistan (aka the graveyard of empires) when Kyiv is finally captured and falls to the advancing Russian Forces. Then the EU & NATO may cease to exist and the US & the UK will be greatly weakened and bankrupt by these warmongering neocon LOSERS in DC after this is all said and done. Again - wars no longer works anymore, since the ones being attacked by these above warmongers now have the ability to FIGHT BACK against them now !!!
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over a million dollars.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like “Jessica Lee Horst” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@@DhanaPayar Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
When I think of Ron Paul, Proverbs 22:1 comes to mind: "A good name is to be chosen rather than great riches, and favor is better than silver or gold."
Alan Greenspan: “Central banks can issue currency, a non-interest-bearing claim on the government, effectively without limit. A government cannot become insolvent with respect to obligations in its own currency.” St. Louis Federal Reserve: “As the sole manufacturer of dollars, whose debt is denominated in dollars, the U.S. government can never become insolvent, i.e., unable to pay its bills. In this sense, the government is not dependent on credit markets to remain operational.
Bankrupt? Like Trumps 5 failures to pay? No The U.S. is asset rich. Only the political fear of raising taxes threatens the finances of the U.S. But for 60 years tax payers have been in agreement …. Low taxes , moderate inflation. As Congress , they know
In addition to that, US has the big military bases and equipment that are used to topple govt that didn't abide by US rules. Just look at Saddam, Haiti, Pakistan, Afghanistan & Gadafi
Alan Greenspan: “Central banks can issue currency, a non-interest-bearing claim on the government, effectively without limit. A government cannot become insolvent with respect to obligations in its own currency.” St. Louis Federal Reserve: “As the sole manufacturer of dollars, whose debt is denominated in dollars, the U.S. government can never become insolvent, i.e., unable to pay its bills. In this sense, the government is not dependent on credit markets to remain operational.
The only Presidential Candidate in our modern age that the founding fathers would be proud of. I voted for RP and havent vote for anyone else when the republican party changed the laws to disqualify him at the last minute. No real change will happen in the current system.
Alright while it is very hard for most to time the market. I do it daily.. interday actaully. So I will tell you the best I an without having your phone number to call you and tell you when we go short. First I am going to assume you are a intermediate term trader (swing trader) or even an investor. We use a 5 hour chart of the indexes. When price drops below the 200 and the 20 simple moving average and then goes back up and gets rejected off of the 200 that is when we start. We still need the next up leg to get everyone possible on the wrong side of the trade. Most will think the next up leg is an all clear. IT IS NOT. It will go down as one of the biggest head fakes in all of finacial history. Now to layer on accuracy we need to wait for the yield curve to reinvert. Not the 2 yr / 10 yr... but the 3 mont / 10 year. It is way more accurate. The Fed will most likely be cutting and that is are cue to get out of all of our longs and go short. That is when.
One of the most valuable asset of the elderly is an honest telling of their perception of the greater events of their time, because as we have just seen with the Netanyahu speech, unscupulous deceiptful people are constantly advancing a false telling of events with the clear intention to rewrite history to suit their selfish purposes.
Devaluing the dollar makes our exports more competitive ... except that we have gutted our manufacturing base and moved into a service-based economy. It's not that nobody wants to buy our stuff because it's too expensive. It's that we're not making anywhere near the amount of stuff we used to, because we've outsourced that to China and, for foods, central and south America. What are we going to export, our good looks?
Yes indeed, a cheap dollar can't work right now. Gotta make energy a lot cheaper, cut taxes, cut regulations, etc. if we want to be a top manufacturer again.
@@bpb5541While I agree we’ve been bankrupt for decades. Wouldn’t need to borrow otherwise and we’ve been borrowing massively since before the 80s. The GFC was not decades ago.. it wasn’t even two decades ago. Also the GFC is a speed bump compared too what’s comming.
@@BoboDaSk8ter i undertand that the GFC was in 2007-2009, I realize that it is not 20 years ago. I can add. I was just layering on the fact that the GFC showed who really owned the government... and that was the rich. And I totally agree with you that what comes next is going to be horrible. You will do fine, because you can see the truth. Most Americans can't see the truth... they are too brainwashed by main stream media like Fox or ABC. I have been a big study of history. For example FDR stole American public's gold, the FED was made in 1913 with has erroded the purchasing power of the US Dollar by 96%, Nixon took us off the gold reserve, Greenspan and Bernakie kept interst rates at or near zero for 15 years, Trump shut down the economy, gave out the largest tax cuts in history, and gave out stimis, Biden gave out stimies, did loan forgiveness, and gave out stimis. All these things (but not a complete list of course) is why we are here. This problem goes all the way back to 1913 when the Federal Reserve was made. That was the start of the eventual decline of America. You understanding this gives me hope. I think most Americans are clueless and that puts our way of life at great risk. But I think we are past all that now..... now we pay.
I recently learned that Ron Paul introduced legislation in the 80's to start coining the American Eagle gold bullion. The first Gold bullion to be minted by the US since 1933. I think I have underestimated this man most of my life he and his son Rand are true patriots with a STRONG MORAL COMPASS......excellent guest David
America 🇺🇸 loves 🥰 Hyper Inflation 💸 and will continue to print money 💵 and lower interest rates until the US 🇺🇸 Dollar 💵 collapses ! The American 🇺🇸 Government loves 🥰 Hyper Inflation 💸 so much they want the prices of everything to rise until the US 🇺🇸 Dollar 💵 is worth nothing ! Print ! Print ! Print ! Ha ! Ha ! Ha ! Hilarious 🤣
Already seeing price rejection because it prices for things got too high. Next comes unemployment, company and pesonal defaults and we go into a doom loop. If the bond market has anything to say about it and trust me they do ... they will not let the US Government dive the dollar to zero. They are just going to keep raising the long end of the curve to make that the government will no longer be able to borrow (sell treasuries). And then we get a massive correction or depression because the whole system is basied of of ever more debt. So that will be fun.
@@foodlover8151 very MAGA comment. Nice! I want to thank you in advance. You and yours are going to make me extremly rich. I am coming for your stocks, your bonds, your houses and your cars. You are making it easy... so again thank you. Don't defend you orange boy... he is not your friend. Well not unless you are rich. Are you rich?
THE US NATIONAL DEBT WILL NEVER BE PAID OFF! Every year for the rest of your life, part of your Federal tax bill will be spent to pay the annual interest payment on the National Debt. This debt occurs, in any given year, when Congress spends more money than they receive in taxes. Every year Congress only pays the “interest” on the National Debt. Congress does not pay for the money they borrow, Congress only pays the interest on the money they borrow. The total amount of money Congress has borrowed and not paid back is the National Debt. Presently it stands at $35 trillion dollars. So how can Congress never pay back the money they borrow? Because they make the rules on how to pay back money they borrow. An example: Suppose by July 2023 Congress has spent all the tax money the nation has sent in for taxes for 2023. Suppose an Interstate Bridge bridge falls down in Baltimore, Maryland in August 2023. Suppose a new bridge costs $5 billion dollars. Congress has no tax money, they already have spent all of it by July 2023. So they borrow the money. Congress tells the Treasury Dept: get me $5 billion dollars. The Treasury has an auction and does all the paperwork and lines up the lenders to provide them with $5 billion dollars. The terms are as follows: the Treasury will pay the lenders 5% interest on the $5 billion borrowed every year for 30 years. On the last day of the contract, the Treasury will return the original $5 billion. The bridge gets built. Hopefully nothing else will go wrong for the rest of the year or years, like a major Hurricane, or a major earthquake in CA, or a major military escalation in another part of the world, or any major repairs to any infrastructure critical to the nation, or another major epidemic, or an “out of nowhere” terrorist attack, or a recession or depression, etc. 30 years go by and it is the last day of the contract. Congress needs $5 billion to meet the final payment. Problem: Congress does not have $5 billion to pay the lenders. So the Treasury conducts auction (number two) to raise $5 billion, but this time the lenders want 6% interest. Both lenders and the Treasury agree. Same rules as before except the interest rate is now 6% vice 5%. The Treasury receives the $5 billion and pays off the $5 billion from the original auction. The Treasury will still need to pay $5 billion at the end of the next 30 year period. Congress only pays the yearly interest payment every year for 30 years and the process is repeated again. Bottom line: Congress never pays off the original loan. Congress only pays the interest on the loan. Congress basically uses an “interest only” credit card every time they borrow money. The original $5 billion loan is never paid off and is just added to the National Debt, which grows larger every year. The only time the US was completely debt-free was in January 1835, during the presidency of Andrew Jackson. Because of all the loans not paid off, America has now accumulated a National Debt of $35 trillion dollars. In 2024, Congress and the President authorized another $1.9 trillion dollars to be added to the National Debt. It does not matter whether a Republican or a Democrat is elected President - the American taxpayer will pay $1 trillion dollars in interest on the National Debt in 2026. Bottom line: The only practical way to decrease the National debt is for Congress to spend less than it receives in taxes. The extra money is used to pay off part of the debt. Do you think Congress, the President, and the American people can form a consensus to accomplish this objective?
I’m so proud of myself for voting for this man. Ron Paul is one of our national treasures. It’s a shame that my kid’s have no idea about the Federal Reserve, Brenton Woods, National Debt and interest rates. Looking back, I should have gotten more involved with what they were being taught in school. Shame on me for ASSUMING they were getting the same education I had. I’m truly scared for my kids future (18 & 20 years old). Should have home schooled. Required reading: The Creature from Jekyl Island, Atlas Shrugged, Tower of Base, SAS Survival, How to farm, The Bible. Instead my kids were subjected to transgenderism, normalizing pedophilia etc., We have lost our moral compass as a country. I welcome the internet to go down. Let’s learn how to socialize with one another. Too much too fast for kids developing brains to understand.
We lost the future of our country when we didn't elect Ron Paul as president. There's no way to fix our system now. We'll just have to watch it burn. Good luck everybody.
I’m 51 hoping to end the rat race by 60 with above $1M. I know money is a liability to be exchanged for assets with real value like real estate (properties for rent) stocks (dividends) bonds (interest) But, what is it with bitcoin? I hear a lot about it and I'd love to diversify.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Dorian j Townsend. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
Back in 2022 when Btc was at its cycle low, people were saying Btc is done for it's going below $15k US it's going to zero. Well it's down 10% from mid March ath 2024 and now everyone is shitting themselves. That doesn't make any logical sense especially for crypto.Its just a shake out phase, chill people go zoom out at old charts. We are at around 1.4 trillion market cap and only growing, just wait and see the price next year in March it will double....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 12Bitcoin....I'm especially grateful to Dorian j Townsend, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Dorian j Townsend, has been an amazing experience.
I've always wanted to trade Crypto for a long time but the volatility in the price has been very confusing to me although I have watched a lot of CZcams videos about it but I still find it hard to understand.
It’s interesting to hear the subject of security brought up in this excellent interview. When I met Dr. Paul in 2007 and presented artwork to him in a private meeting during the Iowa caucus a gentleman accompanied us into the conference room who I am confident was armed security. The video is “RON PAUL: Return of America”. I have it in the “Inspiration” playlist on my channel. The guy comes into view at the 1:55 mark. The video: czcams.com/video/DCZ-AhO13PE/video.htmlsi=HzJfgI_M6O2Eg3wG I should add that meeting Dr. Paul was the most proud and memorable moment of my life. He’s a National Treasure and it makes my day every time I see him do an interview. I sincerely hope and pray he lives to see the Patriots take this Republic back. We also hung out with Rand Paul during the 2008 campaign and he is very down to Earth and friendly. He hung out with a group of activists in North St. Louis near the airport after an event. It was just good ol’ boys sitting on picnic tables discussing politics.
What the USA and Europeans did to other countries has come home to roost with KARMA. Many countries in Africa have suffered major losses now it's Africa's time to see the light. Shalom Look up the word KARMA
Do you agree with Ron Paul's comments on the secret service and the U.S. national debt crisis?
You’re being watched RIGHT NOW and the only way to stop it is by using a VPN. Avoid hacks and protect your privacy before it’s too late! NordVPN offers 65% Off on a 2-year plan +4 extra months! Try it for 30 days or GET YOUR CASH BACK!
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Yes
Yep… deep state took their shot and missed
The economic implications of 1967 when the War on Poverty was unable to find funding,
has come back to haunt this Administration.
LBJ was careful to avoid any announcement that might spook Americans causing Financial Panic.
Yellen and Powell seem to be tired of covering for the Policy that has been spending money for 30 years.
I occasionally agree with Ron Paul, today He said what I have been stating for a long time.
The Nixon Administration work of David Kennedy to convert the US dollar to Fiat Currency,
was a result of spending that was directed at Vietnam.
Nixon did not dare to accuse the previous Administration of excessive spending,
or they may fall into their own trap.
The support for the US Fiat Currency has been eroded for a long time, around 10 years have seen the most .
The recognition of that image being enforced by threats used to work.
The UN has condemned Colonial Exploitation, the USA seemed to agree.
Vietnam and Ukraine are the result of Colonial adventurism.
France donated their Colony after WW2 and Dien Bien Pho.
The British gave us Iran.
The US Foreign Policy of the last 50 years are a result of losing two Colonies.
Now the effort to overcome Russians in Ukraine has tapped the Treasury and come up dry.
Do the Democrats now appear to hand a burning Bag of Dog Droppings to Trump?
Who will face the consequences of 30 years of aggressive Foreign Policy?
Will the observance of Capitalism endure the struggle?
Hopefully things may change for the better, since Joebama Buyden 82 has officially DROPPED out of the US Presidential Race, after losing support from major Democratic Allies and Donors. They supported his rival Donald Trump instead. Hopefully, things can change for the better after January 19, 2025.
As for Joebama Buyden's Project Ukraine - I'm afraid that this conflict in Ukraine will end the same way the War in Afghanistan (aka the graveyard of empires) when Kyiv is finally captured and falls to the advancing Russian Forces. Then the EU & NATO may cease to exist and the US & the UK will be greatly weakened and bankrupt by these warmongering neocon LOSERS in DC after this is all said and done. Again - wars no longer works anymore, since the ones being attacked by these above warmongers now have the ability to FIGHT BACK against them now !!!
W
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over a million dollars.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like “Jessica Lee Horst” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@@DhanaPayar Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Dr Ron Paul , one magnificent humanitarian American .
I salute you sir .
When I think of Ron Paul, Proverbs 22:1 comes to mind: "A good name is to be chosen rather than great riches, and favor is better than silver or gold."
oy vey
He will be 89 in less than a month - still sharp! ❤ Ron Paul!!
He probably didn’t fry his brain by sniffing.
I trust Ron Paul more then I trust govment
100% i wish he would run lol better than biden. Ron's got 4 years in him at least.
Sadly, probably the last great American politician...almost 89 and still sharp as a tack!
@@andrewdixon681Ron Paul was the last honest person left
@@HK00088LOL. He's a right-wing Libertarian.
@@billschillerstrom583 LOL. He was a threat to the 🤫
A true American
us citizen yes , however Americans are aborigine Americans and somewhat native Americans
We have been bankrupt for decades. If we were not we wouldnt need to keep borrowing money. When gdp doesnt cover expenditures then you are bankrupt.
@@darrelldarrell1447 im not happy neither are you
Glad to see Dr Paul looking sharp!
Ron Paul is The Most honest senator ever Real Treasure God Bless Ron Paul 🇺🇸🇺🇸👍👍👍👍👍
Agreed, but he was a Representative 😉, Rand is the Senator.
$35 TRILLION in debt is Bankrupt...NOBODY CAN LIE AND SAY ANY DIFFERENT. 😮
🎯
And we keep spending. We need money for this and that and it goes elsewhere, then another 4 year cycle begins.
How much did they give to Isr this time?
Alan Greenspan: “Central banks can issue currency, a non-interest-bearing claim on the government, effectively without limit. A government cannot become insolvent with respect to obligations in its own currency.”
St. Louis Federal Reserve: “As the sole manufacturer of dollars, whose debt is denominated in dollars, the U.S. government can never become insolvent, i.e., unable to pay its bills. In this sense, the government is not dependent on credit markets to remain operational.
@henrygustav7948 print and pay all the debt and then buy a bread with 200-300 dollars
Dr. Ron Paul tells it like it is, a true patriot 🇱🇷
I always get better news outside the US than inside the US with all their fluff and stuff.
We are and have been bankrupt for a while. However, the world just can't get enough of our debt so we just go on and on.
Yes tru. Comment
Bankrupt?
Like Trumps 5 failures to pay?
No
The U.S. is asset rich.
Only the political fear of raising taxes threatens the finances of the U.S.
But for 60 years tax payers have been in agreement …. Low taxes , moderate inflation.
As Congress , they know
In addition to that, US has the big military bases and equipment that are used to topple govt that didn't abide by US rules. Just look at Saddam, Haiti, Pakistan, Afghanistan & Gadafi
Alan Greenspan: “Central banks can issue currency, a non-interest-bearing claim on the government, effectively without limit. A government cannot become insolvent with respect to obligations in its own currency.”
St. Louis Federal Reserve: “As the sole manufacturer of dollars, whose debt is denominated in dollars, the U.S. government can never become insolvent, i.e., unable to pay its bills. In this sense, the government is not dependent on credit markets to remain operational.
The only Presidential Candidate in our modern age that the founding fathers would be proud of. I voted for RP and havent vote for anyone else when the republican party changed the laws to disqualify him at the last minute. No real change will happen in the current system.
Ron Paul is the modern day Thomas jefferson! Thank you for everything you've done Dr Paul and thank you David for having him on
Glad Ron Paul is with us, fighting the good fight and giving it hell
❤ Dr. Paul. Thanks for having him on.
The only question that I’m interested in having an answer to… “When?” … will it all blow sky high.
Alright while it is very hard for most to time the market. I do it daily.. interday actaully. So I will tell you the best I an without having your phone number to call you and tell you when we go short. First I am going to assume you are a intermediate term trader (swing trader) or even an investor. We use a 5 hour chart of the indexes. When price drops below the 200 and the 20 simple moving average and then goes back up and gets rejected off of the 200 that is when we start. We still need the next up leg to get everyone possible on the wrong side of the trade. Most will think the next up leg is an all clear. IT IS NOT. It will go down as one of the biggest head fakes in all of finacial history. Now to layer on accuracy we need to wait for the yield curve to reinvert. Not the 2 yr / 10 yr... but the 3 mont / 10 year. It is way more accurate. The Fed will most likely be cutting and that is are cue to get out of all of our longs and go short. That is when.
when they finally realize they aren't in control and they run for the hills.
Love Ron Paul
Secret Service is the authority investigating counterfeit currencies. Only real fake fiat currency is allowed.
Ron Paul is boss. Great guest.
David, you keep surprising me! Great guest!
If you have tyranny, then there is a direct conflict of interest between the government protection and a candidate who wants to eliminate corruption.
Thank you for having Dr. Paul.
Sharp and fit for 88 years old. Let's be honest, 70% of the country can't unrest from their couches.
One of the most valuable asset of the elderly is an honest telling of their perception of the greater events of their time, because as we have just seen with the Netanyahu speech, unscupulous deceiptful people are constantly advancing a false telling of events with the clear intention to rewrite history to suit their selfish purposes.
One of the best presidents that never was
Devaluing the dollar makes our exports more competitive ... except that we have gutted our manufacturing base and moved into a service-based economy. It's not that nobody wants to buy our stuff because it's too expensive. It's that we're not making anywhere near the amount of stuff we used to, because we've outsourced that to China and, for foods, central and south America. What are we going to export, our good looks?
Yes indeed, a cheap dollar can't work right now. Gotta make energy a lot cheaper, cut taxes, cut regulations, etc. if we want to be a top manufacturer again.
@@user-ps1ft1hy4j hmm maybe
Ron Paul is the literally the OG of all OGs. Wish he could be president ❤
He’s definitely not wrong. The problems that come with unsound money are devastating in the long run.
Dr. Ron Paul you are a father figure and a great American patriot God Bless you and your family
He’s so awesome.
We've been bankrupt for decades, actually.
Since the GFC actually. Well said.
Sure, but not beyond repair, now it really is beyond repair IMO.
@@bpb5541While I agree we’ve been bankrupt for decades. Wouldn’t need to borrow otherwise and we’ve been borrowing massively since before the 80s. The GFC was not decades ago.. it wasn’t even two decades ago. Also the GFC is a speed bump compared too what’s comming.
We went bankrupt in 1971
@@BoboDaSk8ter i undertand that the GFC was in 2007-2009, I realize that it is not 20 years ago. I can add. I was just layering on the fact that the GFC showed who really owned the government... and that was the rich. And I totally agree with you that what comes next is going to be horrible. You will do fine, because you can see the truth. Most Americans can't see the truth... they are too brainwashed by main stream media like Fox or ABC. I have been a big study of history. For example FDR stole American public's gold, the FED was made in 1913 with has erroded the purchasing power of the US Dollar by 96%, Nixon took us off the gold reserve, Greenspan and Bernakie kept interst rates at or near zero for 15 years, Trump shut down the economy, gave out the largest tax cuts in history, and gave out stimis, Biden gave out stimies, did loan forgiveness, and gave out stimis. All these things (but not a complete list of course) is why we are here. This problem goes all the way back to 1913 when the Federal Reserve was made. That was the start of the eventual decline of America. You understanding this gives me hope. I think most Americans are clueless and that puts our way of life at great risk. But I think we are past all that now..... now we pay.
I recently learned that Ron Paul introduced legislation in the 80's to start coining the American Eagle gold bullion. The first Gold bullion to be minted by the US since 1933. I think I have underestimated this man most of my life he and his son Rand are true patriots with a STRONG MORAL COMPASS......excellent guest David
hes always been honest and a straight shooter with the public. literally the only man in congress of good character.
Would have made one hell of a President
He was our last chance
America 🇺🇸 loves 🥰 Hyper Inflation 💸 and will continue to print money 💵 and lower interest rates until the US 🇺🇸 Dollar 💵 collapses ! The American 🇺🇸 Government loves 🥰 Hyper Inflation 💸 so much they want the prices of everything to rise until the US 🇺🇸 Dollar 💵 is worth nothing ! Print ! Print ! Print ! Ha ! Ha ! Ha ! Hilarious 🤣
Already seeing price rejection because it prices for things got too high. Next comes unemployment, company and pesonal defaults and we go into a doom loop. If the bond market has anything to say about it and trust me they do ... they will not let the US Government dive the dollar to zero. They are just going to keep raising the long end of the curve to make that the government will no longer be able to borrow (sell treasuries). And then we get a massive correction or depression because the whole system is basied of of ever more debt. So that will be fun.
A real guest.
Nothing but respect for Dr. Ron Paul.
Ron Paul is amazing. A perfect and concise assessment of Truth and reality.
Dr Paul is a singular phenomenon in politics.
His son is a chip off the old block
We need more of Dr. Ron Paul!
Had plenty of chance to elect him.
Now we are left with son, who is just a dingleberry on trumps ass
Huge guest David! Thanks for hosting him.
It's always good to hear from Dr. Ron!
Your quality of guests speaks for itself. Love your content/channel
Legend
Distractions?? Yep. Bread and Circuses 101🎯
Thank you for having Ron Paul. Clear minded thinkers like Mr. Paul seem to almost extinct now.
Thanks David!!
Yes I agree with the former Secret Service director Cheatle. "No standards" at all.
Well done David, this is an impressive guest.
As well as morally.
You’re doing a bang-up job, David!!! Fantastic that you got Dr. Paul on!
Yep! Iran and China on deck!
I truly admire this man
Which country milking us? 🇮🇱
Excellent discussion.
A true American legend
I’m happy to say I voted for Ron Paul !!
This man opened my eyes years ago and appreciate him
A great man. I talked to him in 2012. He urged me to hold my gold tight and it is what I have done.
My favorite Statesman!
Wow Ron Paul way to go
Our children can't afford an education, a new car or a home. Something has to give.
Ron Paul ❤
We've been bankrupt for 60 years nothing has changed
Thank David you invited Mr Paul interview so younger generations can have this information to watch for many years to come
Ron Paul! Ron Paul! I was an OG Paul bot back in 2011.
We are bankrupt if the payment was due today. The point is to get us as bankrupt as possible.
Ron Paul again the truth great american
George Gammon loves Ron Paul.
I love Ron Paul
Paul and his Son are national treasures
Ross Perot and Ron Paul should have been President. Less war, less spending. More prosperity for all.
The USA would have been a much better place with those two at the helm. What a shame the nasty two party system has such a death grip on America.
Deep state got to Ross Perot and I voted for him anyway. I still have his button.
Well we supposedly voted in a great real estate mogul and that didn't do crap, now did it? In fact he made inflation go off the rails.
@bpb5541 dude, what do Perot and Paul have to do with Trump?
@@foodlover8151 very MAGA comment. Nice! I want to thank you in advance. You and yours are going to make me extremly rich. I am coming for your stocks, your bonds, your houses and your cars. You are making it easy... so again thank you. Don't defend you orange boy... he is not your friend. Well not unless you are rich. Are you rich?
This man is the greatest president that never happened. The U.S. missed a trick when they overlooked Ron Paul as a leader
An honest man who cannot cover mistakes with lies will never be president.
I credit the legendary Dr. Ron Paul for opening my eyes to libertarianism.
Good to see Ron Paul in good health, always sharp. He and Thomas Sowell are national heroes.
Is that you, George Gammon?😂😂😂
Good interview David. Not electing Ron Paul for president was a big loss for America. The only candidate that calls out the federal reserve scheme.
THE US NATIONAL DEBT WILL NEVER BE PAID OFF!
Every year for the rest of your life, part of your Federal tax bill will be spent to pay the annual interest payment on the National Debt.
This debt occurs, in any given year, when Congress spends more money than they receive in taxes. Every year Congress only pays the “interest” on the National Debt. Congress does not pay for the money they borrow, Congress only pays the interest on the money they borrow. The total amount of money Congress has borrowed and not paid back is the National Debt. Presently it stands at $35 trillion dollars.
So how can Congress never pay back the money they borrow? Because they make the rules on how to pay back money they borrow.
An example: Suppose by July 2023 Congress has spent all the tax money the nation has sent in for taxes for 2023. Suppose an Interstate Bridge bridge falls down in Baltimore, Maryland in August 2023. Suppose a new bridge costs $5 billion dollars. Congress has no tax money, they already have spent all of it by July 2023. So they borrow the money.
Congress tells the Treasury Dept: get me $5 billion dollars. The Treasury has an auction and does all the paperwork and lines up the lenders to provide them with $5 billion dollars. The terms are as follows: the Treasury will pay the lenders 5% interest on the $5 billion borrowed every year for 30 years. On the last day of the contract, the Treasury will return the original $5 billion.
The bridge gets built. Hopefully nothing else will go wrong for the rest of the year or years, like a major Hurricane, or a major earthquake in CA, or a major military escalation in another part of the world, or any major repairs to any infrastructure critical to the nation, or another major epidemic, or an “out of nowhere” terrorist attack, or a recession or depression, etc.
30 years go by and it is the last day of the contract. Congress needs $5 billion to meet the final payment. Problem: Congress does not have $5 billion to pay the lenders. So the Treasury conducts auction (number two) to raise $5 billion, but this time the lenders want 6% interest. Both lenders and the Treasury agree.
Same rules as before except the interest rate is now 6% vice 5%. The Treasury receives the $5 billion and pays off the $5 billion from the original auction. The Treasury will still need to pay $5 billion at the end of the next 30 year period. Congress only pays the yearly interest payment every year for 30 years and the process is repeated again.
Bottom line: Congress never pays off the original loan. Congress only pays the interest on the loan. Congress basically uses an “interest only” credit card every time they borrow money. The original $5 billion loan is never paid off and is just added to the National Debt, which grows larger every year. The only time the US was completely debt-free was in January 1835, during the presidency of Andrew Jackson. Because of all the loans not paid off, America has now accumulated a National Debt of $35 trillion dollars.
In 2024, Congress and the President authorized another $1.9 trillion dollars to be added to the National Debt. It does not matter whether a Republican or a Democrat is elected President - the American taxpayer will pay $1 trillion dollars in interest on the National Debt in 2026.
Bottom line: The only practical way to decrease the National debt is for Congress to spend less than it receives in taxes. The extra money is used to pay off part of the debt. Do you think Congress, the President, and the American people can form a consensus to accomplish this objective?
Ron Paul for President 2024! END the FED!
I’m so proud of myself for voting for this man. Ron Paul is one of our national treasures. It’s a shame that my kid’s have no idea about the Federal Reserve, Brenton Woods, National Debt and interest rates. Looking back, I should have gotten more involved with what they were being taught in school. Shame on me for ASSUMING they were getting the same education I had. I’m truly scared for my kids future (18 & 20 years old). Should have home schooled. Required reading: The Creature from Jekyl Island, Atlas Shrugged, Tower of Base, SAS Survival, How to farm, The Bible.
Instead my kids were subjected to transgenderism, normalizing pedophilia etc.,
We have lost our moral compass as a country. I welcome the internet to go down. Let’s learn how to socialize with one another. Too much too fast for kids developing brains to understand.
We lost the future of our country when we didn't elect Ron Paul as president. There's no way to fix our system now. We'll just have to watch it burn. Good luck everybody.
Ron Paul is amazing
Wow, Ron Paul really laid it out😂😂😂
Basically exposing the global elite, too bad the mainstream media doesn’t cover this for everyone to know.
"We" are not bankrupty, the government is...
Sorry but the Government is the people so you "are" bankrupt
I’m 51 hoping to end the rat race by 60 with above $1M. I know money is a liability to be exchanged for assets with real value like real estate (properties for rent) stocks (dividends) bonds (interest) But, what is it with bitcoin? I hear a lot about it and I'd love to diversify.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Dorian j Townsend. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
Back in 2022 when Btc was at its cycle low, people were saying Btc is done for it's going below $15k US it's going to zero. Well it's down 10% from mid March ath 2024 and now everyone is shitting themselves. That doesn't make any logical sense especially for crypto.Its just a shake out phase, chill people go zoom out at old charts. We are at around 1.4 trillion market cap and only growing, just wait and see the price next year in March it will double....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 12Bitcoin....I'm especially grateful to Dorian j Townsend, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Dorian j Townsend, has been an amazing experience.
I've always wanted to trade Crypto for a long time but the volatility in the price has been very confusing to me although I have watched a lot of CZcams videos about it but I still find it hard to understand.
I have heard a lot of wonderful things about Dorian j Townsend on the news but didn't believe it until now. I'm definitely trying her out
Great guest David
Hurrah for Ron Paul and David Lin! We may indeed expect that our spiritual and monetary corruption will produce tyranny.
It’s interesting to hear the subject of security brought up in this excellent interview. When I met Dr. Paul in 2007 and presented artwork to him in a private meeting during the Iowa caucus a gentleman accompanied us into the conference room who I am confident was armed security. The video is “RON PAUL: Return of America”. I have it in the “Inspiration” playlist on my channel. The guy comes into view at the 1:55 mark. The video: czcams.com/video/DCZ-AhO13PE/video.htmlsi=HzJfgI_M6O2Eg3wG
I should add that meeting Dr. Paul was the most proud and memorable moment of my life. He’s a National Treasure and it makes my day every time I see him do an interview. I sincerely hope and pray he lives to see the Patriots take this Republic back. We also hung out with Rand Paul during the 2008 campaign and he is very down to Earth and friendly. He hung out with a group of activists in North St. Louis near the airport after an event. It was just good ol’ boys sitting on picnic tables discussing politics.
Libertarians ran for president in 1998?
Brilliant David, just Brill. Thank you great guest of course.
Absolutely love Ron Paul.
Dr. Paul is my hero.
What the USA and Europeans did to other countries has come home to roost with KARMA. Many countries in Africa have suffered major losses now it's Africa's time to see the light.
Shalom
Look up the word KARMA
Ron Paul is a great American!
This man is the last person i voted for president
I subscribed back - Dr Paul is my hero.
"Why should the state pay for the candidate's security" ... "they should pay for their own security" ... refreshing !
Bankrupt? We can't be Bankrupt, we still have checks.🤣
Checks, it's outdated in SA Banking industry
@VishnuKalli Seriously? Not even an LOL? Everyone is so wound up tight, there's no more comedy?
@@peterquin1443 no personal nor business cheque's, all automated, serious.
who's been running the US government......? DUES.
The rich of course. Where have you been hiding?
Military, no doubt.
It’s been bankrupt, for ages-so go buy some bonds!
😅
10yr vs 2yr is now -0.09.
Good luck everyone and may the odds be ever in your favour
Why the 2yr and not the 3mo?
@@drscopeify I don’t make the rules, I just enforce them