Ron Paul: U.S. Is “Postponing” The Default By Accelerating The Default

Ron Paul Liberty Report, Released on 12/10/21

One strategy of avoiding default is to stop going into debt that you can never manage. Another (very odd) strategy is to keep going into debt and pretend that everything is OK. One strategy of halting rising prices, is to stop printing new dollars out-of-thin-air. Another (very odd) strategy is to keep printing dollars and pretend that everything will be OK. What the U.S. government is doing is very odd. Everything is not OK.

Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career and beyond. He is chairman of the FREE Foundation, founder of the Campaign for Liberty, and distinguished counselor to the Ludwig von Mises Institute. Dr. Paul recently started the Ron Paul Channel, an online broadcast alternative to the mainstream media. Ron’s most recent novel is Swords into Plowshares.

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