Ron Paul's Predictions

[David Newman]

Originally Posted by Big_Bill

Yes,

Inflation has been kept low the due to continued printing of dollars by the Federal Reserve Bank. But the affects of this have already driven up the prices of food, gas, utilities, etc.

Due to the continued overspending and borrowing by our Government over say the last 60 years, we are in debt clear up to our eyes.

And yes I know that we have had a balanced budget under Clinton, but we also had a 4 Trillion dollar Debt to pay off...

So if Ron Paul can save our sorry asses ? I don't know, but if we keep up as we have, you better have lots of gold and silver, because the dollar won't be worth the paper that it is printed on.

IN GOD WE TRUST, ALL OTHER MUST PAY IN SILVER OR GOLD !

Bill

Up to our eyeballs in debt that simply represents the total private sector and foreign savings in the Federal Reserve that we can continue to issue and payoff on a daily basis as we have since 1971 and can continue to do without issue forever. I've used this example before, but if you ran a bank, would you worry about allowing people to deposit too much money into a savings account? Honestly, I'd like an answer to that.