Ron Paul
speaker
673 appearances
1 recordings
1 series
first heard Feb 2026
last heard 12 Feb
Ron Paul’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Feb 2026 with 1.
Appearances
Let's hope and pray that I'm wrong on all accounts.
Well, it's because I got fascinated with this issue a long time ago, and I studied Austrian economics, and they emphasize these various things.
They teach you to think about the ramifications of policy, and they also warn us who are involved not to try to protect the day things are going to happen.
But trends are very important.
And for instance, if you print too much money, the value of the money goes down.
And history shows, the history is very important because countries have practiced these issues and trying to get a free lunch.
And, you know, they've been doing it even before Roman days, you know, of the abuse of the monetary system.
So monetary policy became fascinating with me.
And it was especially emphasized, you know, on August 15th, 1971, because the predictions of Austrian economics during the 60s, when I was reading about economics and especially economics, Mises and Hayek and others, they said this would happen.
And
That was our first declaration of bankruptcy.
We said, yeah, we printed money.
We passed it out.
We said it's as good as gold, $35 an ounce.
It was all a fib.
They had to know a little bit about history, but they always think this time is going to be different.
We're smarter than they are.
We have computers.
And they talk into themselves and they convince themselves that they can get by and keep from the trouble that printing money and subsidizing big government always fails.
Well, I can remember it precisely because I had been very much involved, but not anticipating what I heard one Sunday night.
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