Rep. Ron Paul (R-TX) discusses why Congress and the White House won’t be able to resist the temptation of military intervention in Libya and Saudi Arabia (should the uprisings spread there); how the US exports inflation, since commodities are priced in dollars; Ben Bernanke’s opinion that central banks are always the solution to, not the cause of, the world’s economic problems; the dollar’s devaluation reflected in the price of gold; and why, legalized or not, competing currencies will be used in times of economic collapse.
MP3 here. (13:43)
Congressman Ron Paul represents Texas’s 14th district. He is the author of The Revolution: A Manifesto, A Foreign Policy of Freedom: Peace, Commerce, and Honest Friendship and Freedom Under Siege. His archived columns for Antiwar.com are here.