Congressman Ron Paul
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Summary
Ex-congressman ron paul is a former congressman from texas . He says the war in ukraine is likely to be in retrospect a turning point in the history of the west and not for the better who could have seen this coming? Dr. paul says he takes a non-interventionist foreign policy position it's not our business it doesn't serve anybody's interest .
Transcript
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it started to dawn on a lot of people even people who are not paying attention say six months ago
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that the war in ukraine is a big deal it's not what they told us it was it's not good for ukraine
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and the people who live in that sad country and it's not good for the united states or for that
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matter for the west in fact it's likely to be in retrospect a turning point in the history of the
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west and not for the better who could have seen this coming who could have known say 10 years ago
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that actually u.s activity in ukraine was not an effort to bring freedom to the ukrainians but was
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actually a massive intel operation designed to draw the united states into war with russia for
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reasons that are even now not clear who could have seen that well actually one person did see that
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10 years ago and that person was ron paul but don't take our word for it here he is in 2014
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i speak uh more from the perspective of the united states taxpayers and it doesn't serve our interest
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we've already spent five billion dollars over the last 10 years trying to pick and choose
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the leadership of ukraine and then we participated in the overthrow of the yanukovych government and
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this is when this recent stuff really stirred up but we've been involved too much and i take a
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non-interventionist foreign policy position it's not our business it doesn't serve anybody's interest
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it's part of the same thing that led us into the disaster in the middle east a lot of people die a lot
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of money is spent and we're still suffering the consequences of the war in iraq and afghanistan
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and there's the threat of the war in syria we don't need another threat the american taxpayers
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don't want it and they our government thinks they can get away with well i know the people don't
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want a war yet but we're going to play games and we're going to threaten russia and we're going to
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put on sanctions and they fail to recognize that we have 500 billion dollars of investments in russia
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russia has 450 billion dollars invested in the west and all we're doing is trying to stir up more
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trouble makes no sense whatsoever so it makes a lot of sense for us to mind our own business and
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let somebody over there solve their own problem be honest be honest were you paying close attention
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to ukraine in 2014 we weren't most people weren't and as a result this country got dragged without even
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knowing it into one of the pivotal conflicts in modern history to our grave disadvantage the question
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is how did ron paul former congressman from texas how did he get that right how did he know that
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why did he know to pay attention to ukraine and not just ukraine to monetary policy to the state of
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our economy to the state of our country to the state of the west how did he know before the rest of us
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knew maybe because his principles haven't changed in about 60 years so we thought it would be a good
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idea to spend a little time with the man himself to allow him a victory lap a well-deserved
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victory lap but also to probe a little bit on how did you see things that nobody else did so we are
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honored truly to have former congressman ron paul in studio now dr paul thank you very much
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great to be with you so i've spoken for you uh just a moment ago but let me just ask you directly
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how did you how in 2014 did you see what so many others including me did not that this was a very big
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deal what was happening in ukraine and that it might end very badly for us sometimes the people who
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are running the operation and gives you an idea like like victoria nula yes jeffrey siatt you think
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what are those people doing but they're they're such an example of bipartisanship yes they can work
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with both of them and they're they're the worst kind of warmonger but all you have to do is you
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don't have to know all the details i'm always i've tried to be very cautious you know especially in
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economics well this this and this and next month there's going to be such and such happen in
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austrian economics we're not we're taught that you don't know exactly when things are happening
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but you can see things coming you know it's the same way you might be able to see our foreign
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policy coming if you want to go back and observe what happened at the beginning of the last century
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yes you know with the progressive movement so the hints are there i think it's uh i think what has
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helped me over the years is um i'm curious most people are but a lot of people aren't that curious
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yes i want to know why why it happened because still the question i happen you know like like uh
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the reason things happen i said who's going to benefit who benefits from these bombs being dropped
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who's who's who who benefits so i i'm very curious and then i don't uh try to know everything
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because i think that uh timing and elements and all this but i'm always impressed that there are people
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awakening they wake up and they say you know this whole thing about it audit the fed that came out
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of a speech i gave the university of michigan and that was early in the in the presidential things
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and it was the crowd those college kids and i worry because i'm going to a liberal cabinet i don't know
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what they'll think of me and they started saying in the fed and they took out federal reserve notes
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and they were buying a burning federal reserve note so i figured there's somebody's missing the boat
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because these kids know a lot more than they're giving credit for i've changed my mind totally and
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completely because there are a lot of bad examples in college there's a lot of junk going out there yes a lot
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of bad professors did you know that i've heard that yes a lot of bad professors so i i i'm i'm very
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impressed a young people uh have a more open mind and sometimes with a blanket accusation which i should
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be cautious with i much rather talk to young people who are curious than the people who belong to the
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chamber of commerce i i agree with the chamber of commerce people symbolizes the lobby of course
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they do uh and and they have economic interests that prevent them from thinking yeah honestly i had
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the i had that experience i was just saying off air at one of your speeches probably 20 years ago
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i'd never seen you speak before and you went off about the federal reserve and i remember thinking
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what a weird what an esoteric subject i knew nothing about it i thought only crazy people cared
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but again i was completely ignorant about monetary policy at the time and i was shocked by how much
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the crowd loved it they were completely tuned in they thought it was really important why would the
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average person 20 years ago have a better sense of that than say me who was paid to follow the subject
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but wasn't how did people know i got it from literature you could read about it we didn't have an
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internet we didn't have the radio or tv giving us good information but it was out there for for one
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group that helped me a whole lot was uh leonard reed the foundation for economic education yes i knew him
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and he he was a true believer he was a dignified person and very likable and he talked about process
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how you reach people and uh but he was he was very very libertarian his own way but he was he was sort
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of a uh an intellectual and he influenced me a lot so i read everything he did and uh he uh he did a
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lot of literature but the follow-up of that was of course the mises institute and yes and i was part of
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that and uh and and i think see i i think they're important people i know people on tv are really
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important oh so so important so important but there there are a lot of people that are important
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i i think the ideas are the most important and uh they come and go and oh but the ideas make all the
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difference in the world i mean i i look at the the need for the ideas on how our country came about
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you know thomas jefferson and others that that knew exactly what they were talking about but we don't
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have many thomas jeffersons around anymore so uh but but there's more people they're influenced there
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but there are more but the underground you know the silent majority the uh remnant you know i believe
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in the remnant both in a philosophic and a religious sense when things deteriorate there's always somebody
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there that's going to gather together 10 12 15 200 or 500 they gather together and they talk about
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the real things that are important and and the remnant uh i think is much bigger than anybody ever
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realized and i think when i walked into those stadiums i don't know how many times i would say
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where are these people come from i was i was totally amazed i thought the same thing because you know i
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remember my goal was never to be in politics i i had no desire to be in politics but i wanted to
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use politics to spread a message of personal liberty yes that that was that was my goal so that was the
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uh that was the whole reason that i got involved and uh evidently there were other people looking for
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the same thing and uh i i was impressed with how many people there were and uh i got to the point
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where i thought young people basically were being uh ridiculed and made fan of and they still get it
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and some of them deserve it but they're still young people are very good and intellectual and uh
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and and they you know when i would even back it's been a while since i was a candidate when i would
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mention the remnant they knew exactly what i was talking about people who gather together for ideological
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reason and it's no uh you know it's nobody looking for uh you you know it to be a a good lobbyist and
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all that kind of stuff right and and washington is so bad that uh somebody said what how did you ever
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survive it i said well i said i just i just i said that i didn't i never became an optimist
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i never said i'm going to cure the world i thought the ideas were important and that's what i wanted
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to do because i was very selfish because i thought it was made me feel better talking about something i
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believed in yes and then when i saw some kids at berkeley and other schools getting up and saying
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and the fed and the fed well liberty is not dead at all i i think we're just it's it just gets
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reignited and i think we're in the early phases of that but i also believe we have to go through
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rough tumble times because the price always has to be paid if you the price in the sense how do you
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liquidate the debt you know we can't walk away from that debt but how do we liquidate the debt
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the market will liquidate it and the way the market liquidates it is uh what what what they'll demand
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is like the person that wants a 50 dollar hourly wages yes you print money and every time you print
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money the value of the dollar goes down so the value of the debt goes down you you just a theoretical
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thing if you double the money supply and prices go up 50 it doesn't work that way but if you do that
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the real debt uh is it goes down so it's a theft it's a tax it's evil so you inflate your way out
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of it yeah and that's that's what will happen because what won't happen is the people are going
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to get together and all of a sudden said ron you need to go back you know yeah sure no yeah we need to
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go back and get more people you know do we do have some very good people in congress but they're
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pretty lonely too they're very lonely but uh i think uh i i i tell people you're not going to get
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12 24 or 100 new members of congress the system is so embedded with bankruptcy and corruption
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that that's not going to work but i'm still an optimist because i think where it counts
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where the people are studying and understanding and they were they were ahead of us i figure they
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were ahead of me because they said you know you know uh uh and the fed that's fiat money and so
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they're they're well along the way uh and it's more available now than ever before this information
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yes so uh i always figure that uh if if somebody will listen i'll talk but yeah but i like i said
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i in a way do this for sort of selfish reason because i want to do it i get some benefit you
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know you know emotional and philosophic benefit by doing it but never as much as i expected i mean
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i always got more than i ever expected because there's more people out there uh wanting to change
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their mind i may get i mean i just i still get hundreds and hundreds of letters the neatest story i get
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are young people writing to me that they've had uh they've started their own organization
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and there's a you know a freedom organization and they're very creative and at the end of my speeches
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i used to talk about if you if you're listening and you agree with this i think you have a higher
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moral responsibility than somebody that just doesn't know what's going on right that you have
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the responsibility to put it out there and uh that that i think is uh a lot of them took me at my word
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and they have started their own organization uh you know and and i think i think you can't stop it
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an idea whose time has come can't be stopped by armies and i i strongly believe that so ideas are
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powerful and i uh i've i sort of uh you know you know i i i didn't ever want the political career
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because the goal of it the thing of it is if you want to be chairman of the banking committee
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you don't you don't bash the fed i've noticed so so then it's uh it but but i think every issue we
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deal with you can look at it the same way whether it's personal liberty uh whether it's the foreign
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foreign policy uh or or whatever or monetary policy so but they the foreign policy is is the big deal
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you know well so i want to ask you well before i ask you about that i just want to follow up on one
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thing you you said you said you speak to the remnant and no matter how bad things get there is always a
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remnant of people who understand what's going on and who find each other which i love and i think it's
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true but you said it's not just a political or practical consideration for you it's also a spiritual
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principle for you what did you mean by i think i think my spiritual beliefs which i don't carry
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on a sleeve i know but i know they're sincere uh i i think that uh that's the same principle
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you know the non-aggression principle yeah i think more christians should know about non-aggression
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i agree with that about a people in congress how about what what is personally annoying to me
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are the ones who speak well are dedicated to the constitution and freedom and peace and they go on
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and on and yes they're the biggest warmongers ever they've never voted a nickel against the military
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and conflict but they still call themselves conservative constitutionalists well the left
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does that all and christians they call themselves christians oh yeah they they just take that as
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automatic too you know but uh yes they they would so you don't see cluster bombs as a christian principle
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i see everything that leads up to even thinking about a cluster bomb as not christian
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so uh no i nicely put i i don't manage the uh you know how would you handle uh ukraine right now
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perfect answer you know well now we have world war three on a doorstep and we every day we try to
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start another fight with russia and then we go on and on uh so it it's uh it it's it's not going to be
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stopped that way i think it has to be stopped with by people changing their minds and i think the
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founders are on the right track i see something encouraging right now about uh you know the sprouting
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up of uh independent statehood you know the talk of going on their own and and the founders were
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pretty good at devising this because for instance uh well you know we could still move from one state
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to another yes somebody might even want to just leave that place out west and come to florida or
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something like that and i i think there's a lot of opportunity more people are talking about that too
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more people are willing to challenge all this and if you just get a person to show that uh you're on
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the right track you know when i gave my longer speeches and i think you suffered through one or two
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many so i i would do it and i would hit hard on a mess for them you guys are getting ripped off
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and look at this it's all fake it's all lying and cheating and stealing and i go maybe average 45
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minutes or so and then i say but it doesn't have to be that way and i give them my positive spiel it's
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not complicated don't hurt people don't kill people don't steal from people and you'll go there's going
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to be more peace and prosperity than ever so i would go to this with great deal of sincerity
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and uh afterwards so often young people would come up to me and says you know ron what i really
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like about you you're such an optimist yes and you know but i i couldn't quite figure that out
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well 45 minutes was i was telling you the end of the world's coming theoretically you know so they say
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yeah but uh but i i think what happens is they i think people are starved for the truth
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i think uh you understand providing truth yes and you you they're starving for the truth
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and then uh then they say uh when they get when they get this they uh know that uh that things can
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get better that there is an answer there is positive so they the the the well there's a
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benefit and i use the analogy sometime in medicine if you have a very very sick patient comes down with
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a very very bad diagnosis you don't go in and say oh so so sorry you have this cancer two weeks ago yet
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you don't do that you know yeah that would be insane of course what they do is they say they've
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been struggling for a while and they don't have a diagnosis and they're terrified and somebody goes
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in and said this is what you have and explain it to them and there are options and some of them are
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you know give a give people hope yes and once once they got that they forgot about all the they didn't
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want to hear about how you're how sick you are and how sick the economy is what they want to do is
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hear the side we did we know that's bad you convinced us but what do you do about it and
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that's where that's where it's real easy for me to talk about monetary policy don't be a counterfeiter
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this is fraud the founders hated it it's illegal the constitution said only gold and silver can be
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legal tender so and here guess what 1930 uh 34 when uh roosevelt made gold illegal yes i was told as i
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was growing up in those years that there's only two places in the world you can't own gold united states
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and and the soviet system so that that perked me up so uh why do they do those things and it isn't hard
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for people to understand counterfeit and the other thing is it's not hard for people to understand
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taxation it's a tax it's a vicious tax it's a tax on the poor and the middle class and it enhances war
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it enhances all this welfareism you know they take money like this sometimes they give it away to
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illegal immigrants you know anything they want to do they they use this money issue but if you can't
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print the money it's all different in the world it's it's honesty and and the message the people
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that i came across are very attracted to it i think they want the truth and uh i think you've already
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so what does the average person do if what you have predicted comes true and i think it likely will
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that there's no way to get out of the debt no way to liquidate it except through inflation hyperinflation
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how do you protect your family like what practical steps do you take you have that obligation and
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everybody does it a different way anywhere by endorsing the second amendment or practicing the first
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amendment i consider the first amendment key because if we can't talk and get our message out uh it's a
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lost cause yes but the the question i think you're asking is yeah but this is a big deal you know what's
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wall street going to do are they going to collapse well in theory they don't have to if we cut the
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back of their spending and you know uh i cut uh and quit printing as much money you could improve it but
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they're not going to do it no so they're going to continue to do it and uh i think people should know
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about how how throughout history even currently we're in the middle of it you know the depreciation
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of the money and what what people can do see that that they date that i list is the real eye opener
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for me uh because i read about this stuff in the 60s and understood the significance of the monetary
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policy but in night uh and then nixon was in and they talked about the austrian free market people were
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predicting we'd have to go off the gold standard completely and totally we were already off half of
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americans were a lot of uncle but we were honoring the dollar and that kept us uh it kept our uh dollar
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as a reserve currency and people trust it everybody else was worse than we were yes so they would take
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the dollar and uh and that that was a that was a a big deal but you can't do that forever i think
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we're reaching this point where uh some sudden thing is going to happen i believe i believe in that
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theory of the black swan yes it's going to pop up and uh it's it's not going to be controllable but
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people you ask what can they do i think the most important thing is understand what's going on
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is education that's why i happen to have a homeschooling program and i try to teach this stuff
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early because you can't change it you can't go in and say okay you want fifty dollars an hour we can't
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do that but we'll have a compromise with the other people we'll just give you thirty two dollars per
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hour you know guarantee that kind of kind of nonsense you have to be able to you know uh tell
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them what they have to do one is to protect the money one is to protect your wealth but uh when i go
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through this when people really want to know some details when i get a little more in detail
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i said but really really the most important thing you do is uh is is is study and understand what's
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going on because if you come away from that and you're able to accumulate a lot and get by and you
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have your guns and you have stored food and all that it's not it's not going to work uh you have to
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understand what's happening you have to know it's coming it's very very dangerous and that's why i love
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to see smaller units of government anything that hints that says they're springing up an idea in
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our states to act like they ought to act yes and they're starting to you know they're starting to get
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more independent and this whole thing i don't know why they don't jump on this is it should be easier to
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sell why why don't why do they get away with uh the total destruction of the constitution that
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everybody can legislate the courts legislate you know the uh the uh the executive executive branch
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legislate and and they go on but the congress has the authority to cancel all that all that they can
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if they write a regulation congress could cancel it i think they've done it once it's been around
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for 20 years but but they they should just have a authority to do it because it's in the constitution
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they shouldn't they should they don't have any authority to do that so they've lost all sense
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of authority and responsibility yes and that means young people uh will give up on it and this is why
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a lot of young people start acting like the government you know the government cheats and steals and
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counterfeits why can't we that's why i love the story of bastia you know the bastia story is that uh
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if if uh if you and i can't steal from our neighbor and we can't take their car and we can't hurt people
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why is it that we let the government do it if you want to go to your neighbor and you say well you have
00:27:40.380
three cars and i don't have any i want one of your cars most people say well that's illegal you can't
00:27:46.620
just take someone's car but the government can the government's taking stuff from us all the time
00:27:51.740
and most of the taking is from the people who who uh work hard they're middle class and they're poor
00:27:59.460
and they uh and they suffer the consequence of inflation uh very wealthy people don't have to
00:28:06.920
worry about the cost of a loaf of bread believe me they but they they do have to they have to worry
00:28:13.820
about the big system because when the big system goes on there's not many people who are going to
00:28:18.060
escape it there will be some some of them might have to move a long way off or something but uh
00:28:23.660
no i i think it's giving people hope but they have to understand what's going on why we deserted the
00:28:29.860
con uh the uh constitution uh i believe i believe i talked a little bit in my little booklet about the
00:28:36.620
coup i think the government's been taken over and ira interesting enough when we talked a little bit
00:28:42.060
about kennedy i think uh the date i say it was concrete that there was a coup and we lost our
00:28:49.540
government was on november 22nd yes of assassination of kennedy and uh so i should just say you're talking
00:28:56.820
about the great surreptitious coup who stole western civilization yeah that you've written and i've read
00:29:02.260
a lot of it and you say two things that people may not know one you were in texas the day of the
00:29:08.900
assassination you were senior flight surgeon at an air force base i think in san antonio right
00:29:12.900
and you saw air force one fly over like hours before he was killed so that was amazing right
00:29:19.560
i i was uh being the chief uh uh flight officer didn't mean a whole lot oh well it sounds impressive
00:29:28.280
yeah it sounded like that but i didn't want to make it sound like i was in charge of kennedy's safety
00:29:33.400
years so anyway i was told uh just just be a long i'll alert to the fact that kennedy's gonna land
00:29:41.140
he does a little bit of business uh he went to the space center i think at brook air force base
00:29:46.380
and uh then then he uh then he took off and i think he was on his way to he would had a busy two days
00:29:53.160
and so he he takes off but uh i know how busy i was doing flight surgery work because when he took
00:30:00.920
off i was on the golf course they might say i was awl but there was nothing i could do so uh but i
00:30:09.180
remember it distinctly because uh i kept thinking well maybe i should be down on the flight line
00:30:14.840
you know this sort of thing but i was real close i was like a quarter mile away so i was there and i
00:30:20.820
saw air force one take off and i thought you know i stopped and looked and looked and i thought
00:30:26.940
i was so impressed and then what i write is it never did i think that within 24 hours this world
00:30:35.440
would change yes it was less than 24 hours by the time he was killed because i think he stopped
00:30:41.060
uh in san antonio then he came back to fort worth and then he ended up in dallas so you you say in this
00:30:49.320
and i don't think it's a controversial statement anymore but the cia of course was involved in his
00:30:54.120
murderer alan dulles the director who he'd fired a year before after bay of pigs um but you you
00:31:01.040
you make a point i've never heard before you said you believe that his fate was sealed on june 10th
00:31:07.520
1963 when he gave a commencement address at american university fairly famous speech which i plan to
00:31:13.300
watch tonight actually uh about peace tell us what you know it was a peace statement it was great
00:31:18.380
kennedy was controversial he wasn't always anti-war as he was leading up to his death yes so he had
00:31:26.160
he had some foreign policies that i wouldn't be endorsing but he was he was coming this way and that's when
00:31:33.800
uh he he um he said that uh you know he said flowering things about peace and uh it became known then
00:31:44.260
because he did speak out and i think it wasn't that many days you know before his assassination but
00:31:49.740
they were the establishment the fbi and the cia the planners really souped things up for for their
00:31:56.780
plans and uh he was uh uh uh you know killed uh by people that for a long time you know probably
00:32:07.060
several years i thought it was oswald you know you did yeah because well i wasn't i wasn't i didn't
00:32:15.920
i wasn't in a place i was about to challenge it i it didn't take long to start questioning this
00:32:21.080
the one thing that another personal thing that came out was you know uh after after 10 years
00:32:28.300
they had a group of the best uh pathologists in the country get together and one person in that group
00:32:36.300
was cyril weck and cyril weck was from the university of pittsburgh and i had heard lectures
00:32:42.500
from him because i was ob residence and as a pathologist he would give us lectures so i i i
00:32:49.380
sort of when you were in medical school yeah when i was doing my doing my residency but there were 12
00:32:55.800
of them 10 maybe but there was a group and they all and they had this going over you know the uh
00:33:04.340
assassination and all the experts were there and everybody says oswald did it even this and this
00:33:10.960
was like eight or 10 years later except uh uh except the zero whack zero except for whack he said
00:33:20.660
it can't be one shot and but he said that from the very beginning so he was he was finally allowed
00:33:29.500
to examine the paperwork uh of the autopsies he was the i think the only one and he went
00:33:37.820
and guess what he discovered no records existed can you believe yes i can believe it i can't believe
00:33:46.220
what's so you served in congress i think twice as i remember but for what for a while i i was drafted in
00:33:54.320
63 uh during the uh vietnam thing i didn't go to vietnam uh i was drafted then but then they
00:34:04.200
the government really messed up my schedule they took me out of the middle of the residency
00:34:08.500
and i had to go back and i had a break of six months so i was very pragmatic i said why don't you
00:34:14.740
just discharge me in six months so i stayed so i was there two years plus six months and then i then
00:34:20.900
i was in the uh national guard but but in all of your time in congress did you ever come across
00:34:28.540
other members of congress you served with who said wow you know the cia was involved in kennedy's
00:34:34.560
assassination was this widely known on capitol hill when you served there i never heard anybody say that
00:34:45.280
it's just funny that um again now i think people recognize that that's true
00:34:50.940
but that was 60 years ago and our lawmakers never talk about it but you mentioned to me earlier and
00:34:57.600
brought back in memory but do you know who they appointed to the commission alan dallas to him he was
00:35:03.700
on the war commission yeah so the guy who's responsible for the murder probably was the most
00:35:08.380
investigating the murder then that's a dawn on me the the uh the republic is gone
00:35:14.700
that's when i said the day it ended it was eruding from the beginning of the last century you know
00:35:20.700
yes with the philosophic changes but uh i think i think uh it's still what what about that uh former
00:35:29.240
fbi or cia agent said we we were taught to lie cheat and steal and then he giggled and the crowd clapped
00:35:38.100
and he was making fun of it so it does make you wonder if if you know people want to
00:35:44.640
be free jordan b peterson we who wrestle with god tour if you say the truth and nothing else
00:35:57.420
you'll have a immense adventure as a consequence you won't know what's going to happen to you
00:36:03.520
but the truth will reveal the world the way it's intended to be revealed and the consequence for you
00:36:11.020
will be that you'll have the adventure of your life live across north america in 2025 get tickets
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now at livenation.com i'm sorry to jump around so much i'm not a linear thinker but um just back to
00:36:26.620
the economy really quickly you uh have always been a proponent of owning gold physical gold uh and you
00:36:32.520
said this for many many decades has that been a do you still believe that and has that been a good
00:36:38.800
strategy do you think over time yeah yeah but uh so i'm not like a gold bug that gold is right
00:36:46.060
sacred no gold can protect you from inflation it's been known for 6 000 years yes doing this so yes
00:36:53.240
that's uh i think that that is the case that you you can be uh protected but that what i would tell
00:36:59.800
the students that are looking for ways i said but you could do that you can have your gold you can have
00:37:05.360
food you can have your cabin and and guns and all this i said it won't matter if you don't have your
00:37:11.660
freedom yeah if you don't have your first amendment see i think the first amendment is so powerful
00:37:16.920
but uh if you don't have that what what could we do and go out and i said oh i i have i have gold
00:37:23.920
but you know talking about buying gold and preparing for gold uh i don't think i broke any laws on this
00:37:30.080
but i'll tell you anyway they um you know it was illegal to own gold yes and in the late fifth
00:37:36.880
uh late 60s uh people were buying gold shares gold stocks because their price would go up when gold
00:37:43.760
would go up because people were betting that 35 an ounce wouldn't last and then they were right
00:37:49.480
then nixon proved it in the last but people didn't have gold so he closed the he closed the gold window
00:37:56.420
but in that period of time i don't have the dates but before it was officially legalized
00:38:03.460
you were a lot of bad by numismatic coins if you were a coin saver yes a technical way you could get
00:38:11.080
around it so i remember my first gold coins i was buying not for numismatics reason but they they were
00:38:17.980
they're some of the neatest coins i got and the mexicans were way ahead of us they started
00:38:23.840
minting coins and put a back date on them you know so they they fulfilled the requirement of only old
00:38:30.840
coins that were numismatic so uh if you they you couldn't buy a coin that was uh if i bought them
00:38:38.320
in say 1969 i can't uh buy a coin that would be minted that year yes so mexico would date them back down
00:38:46.960
in the 1940s so that that made it illegal so those were my first coins do those turn out to be good
00:38:55.080
investments over time do you think do you think the dollars held up very well no i don't you know
00:39:01.940
just since the brenton woods broke down august 15th 1971 uh if you were if you were betting on a gold
00:39:10.280
coin or uh you know uh your dollar dollar lost 98 of its purchasing power and gold went from 35
00:39:20.840
dollars up and i was in you know it's front 2000 yeah that's a ways to go yet because the dollar
00:39:26.680
has a ways to go too yes yeah they can't they can't they can restore the dollar but but there has to be a
00:39:34.220
liquidation of debt and you only liquidate it twice uh an individual can work hard and save pay
00:39:41.340
and pay off the debt that's not going to happen for the government yeah but the liquidation will be
00:39:47.140
a lot more inflation and when i say inflation i'm not talking well there will be prices going up but
00:39:54.540
the inflation is the succumbing to anybody who needs money but the more the prices go up the more
00:40:01.540
everybody needs money rich and poor need more money yes and it's and that's why the insanity of
00:40:08.400
all this the most important price under those conditions is the interest rate that tells in a
00:40:14.780
free market that tells you what to do should you save you should spend should you invest and all this
00:40:19.560
thing so that that is uh that's that's that's something that people knew about but the interest rates
00:40:27.160
they took a they took them to minus they took them down to zero and then there was a inflation
00:40:32.840
discount so it was worth zero so that distorted so i see all the money is not out there yet and all
00:40:41.840
the dissemination of this malinvestment and all these decisions made on it was like building a city
00:40:48.640
with big buildings without a ruler yeah and it'll come down and we we did it we threw the ruler away
00:40:57.540
on purpose and uh said that uh you can't charge well the government want to give give you money have you
00:41:04.120
ever seen some ads recently all this opportunity especially after covid if you right here get here
00:41:10.000
you can get 1500 check immediately and then this last week they they're always inviting you to take
00:41:16.820
more money so it's it's it's insane uh and someday they're going to wake up and the market will wake up
00:41:23.820
and there'll be a rush a rush to try to protect themselves but like i say my investment is various
00:41:31.820
because i do believe in a little bit of all that whether it's gold coin or silver coins or a little bit
00:41:36.900
a little bit of stuff like that but uh my big investment is uh the pleasure i get out of
00:41:45.060
somebody calling me up and telling me well i heard you speak way back then and that's why i started my
00:41:50.680
organization and he had a fantastic organization so i get that on a routine basis i think that's the
00:41:56.740
greatest story told because nobody could tell that's part of the remnant nobody could tell whether
00:42:02.040
oh i converted one person oh great deal but he might have he might have a uh a newsletter has
00:42:09.260
500 people yes who each spreads the message around and i keep thinking how could that be well how did
00:42:16.200
the how did the pamphleteers do it during the revolution you know they wrote pamphlets and physically
00:42:22.860
had to pass them around yes and the greatest message of uh of liberty occurred you know in pamphleteering
00:42:30.380
did were you surprised by the reaction that your foreign policy views got i i i mean i watched this
00:42:37.680
i wrote a piece about you for the new republic when you ran for president and um it was a positive piece
00:42:45.400
and the magazine in the next issue wrote a piece about how you were a dangerous bigot
00:42:51.260
totally dishonest magazine and they did it because they hated your foreign policy views but instead of
00:42:56.320
explaining why they were bad they attacked you as a person morally that's when they've run out of
00:43:02.320
the argument so but what it didn't seem to have affected you at all you didn't seem to care
00:43:06.120
in a way i i i can't care because they they have the problem
00:43:11.760
i don't have the problem they do i can offer them but i don't believe see oh right you know we have
00:43:21.180
conservatives now we're going to change these laws all this crazy stuff they're teaching in schools
00:43:25.700
and we're going to say outlaw this and put this in all that i don't i don't believe in that that's a
00:43:31.020
use of force matter of fact i don't even believe the government should be in our schools yes it's
00:43:36.060
not authorizing the constitution and that's the source of all our problems and then the universities
00:43:41.220
are owned by the government you know all student loans and all and all the professors all they're
00:43:47.700
all tied into the government so why do you think um that over the last i don't know let's just start
00:43:55.580
with reagan so 44 years since reagan got elected um the core of the republican or conservative idea
00:44:01.840
has been smaller government and they've had power at various times and they've shared power for all of
00:44:07.620
that time and yet government is many times bigger than it was 44 years ago so how did what was that
00:44:14.320
do they not mean it is it impossible like what's the people in charge are the ones that do it there's
00:44:19.480
a lot of people who still uh don't want that but uh that's why whoever that deep state guy is
00:44:27.040
they they direct things pretty well the deep state who is the deep state by the way
00:44:32.100
well i don't have a list in front of them i have no idea well i i think it's people who have
00:44:41.020
tremendous power and uh they happen to hate liberty and they happen to be uh people that have endorsed
00:44:50.040
because of their wealth they've been able to get a lot of wealth and because of that they get they uh
00:44:55.500
they become nihilists they don't believe in truth truth is impossible to reach and there's a you
00:45:01.520
know a whole philosophy of nihilism that you can't believe in truth and so it's rejected
00:45:06.980
so but everybody wants something to believe in so they believe in themselves these people who
00:45:13.640
uh you know have a lot of influence whether they're the president of a university we just
00:45:18.720
like like uh not too long ago did we have a few professors show up on television that
00:45:24.320
just were terrible terrible and they were the ones in charge of our kids so no no do you think
00:45:31.140
there's a connection between great wealth you know being a billionaire and being a bad person
00:45:36.480
no uh matter of fact i'm a strong defender of people who earn their money honestly yes and uh
00:45:45.620
but why are our richest class of americans is the most nihilistic it does not all of them but as a
00:45:53.820
group they're not they're the most nihilistic it does seem that way oh i i think i look at statistics
00:46:00.080
they show that america is one of the most generous nations of course oh no but i mean it's the
00:46:05.020
billionaire classes oh the billionaire yes yeah because they're god they they've given up on god
00:46:10.980
they they've given up on a higher law yeah natural law natural law natural law can be known and it
00:46:17.800
you can't even depend on the founders to make sure that we all follow the natural law the natural law
00:46:23.260
is uh if you and i sat here and said well we are having our community uh what would we think is a
00:46:29.640
very natural thing that all people should follow uh we should steal from each other well i'm for that
00:46:35.240
you shouldn't kill each other we shouldn't do that and uh you could you should hurt people
00:46:40.760
even though on the most early all the way back to nebuchadnezzar and sumeria they had rules against
00:46:49.060
lying cheating and killing yes and uh it's phenomenal that it's there but uh the people
00:46:56.260
your question is why uh some of the rich people become bums yes why do some of the rich people
00:47:03.040
become bums nicely put i think it i i think it's because they they don't have a believe in a higher
00:47:10.000
spirit yeah uh and uh and but you know and like i've mentioned to you that i don't think my position
00:47:18.540
what i'm doing here in congress i'm there to say well i know if you'd go to this church and do all
00:47:24.120
not not that but spiritually everybody can have a spiritual life and i don't think the nihilists
00:47:30.900
can get rid of their spiritual life they have a substitute and they become the sort of the
00:47:35.720
substitute and they know what's best for everybody smart yeah so i i know you never talk about yourself
00:47:43.080
you you um you said you don't wear your religion on your sleeve i won't press you but i just have to
00:47:48.060
ask you one personal question because i think it's interesting so you married um your your wife
00:47:53.560
who you met in she was in eighth grade you've been married for over 60 years you've got 19
00:47:58.100
grandchildren great-grandchildren you have a successful marriage obviously how did you do that
00:48:03.460
i was thinking of something and i don't know whether it has any meaning it came naturally
00:48:12.900
yeah i always felt better when i'm doing what i discovered was the higher law yeah the natural law
00:48:21.920
that uh and then i say well i really do it for selfish reason because i feel better about it yes
00:48:27.380
and if if i go i think wow if i just robbed that bank one time and take that grant i can become very
00:48:34.620
wealthy uh then i that's beside it so i i think uh i i look at it and and all the other thing i advise
00:48:43.320
my audience is is that you really ought to have a lot of fun doing this and uh i i think i think
00:48:50.580
if there are some on tv that are maybe 60 right 40 wrong but they're so oh i don't know what the word
00:49:00.440
is boring and nasty i think i think you should be having a good time doing it and people people in
00:49:07.240
these you take homeschooling people you ever met people that's a homeschool yeah i mean they they get
00:49:12.760
together and they have fun you know they have they say oh no but they're social misfits but i'll tell
00:49:19.740
you what the homeschool people i run into are not social misfits that does it doesn't mean there's
00:49:25.720
always a shortcoming but no they uh they they hang together i think there's going to be a lot of that
00:49:32.440
uh coming i think it will continue to grow especially with the destruction of the school system yes you
00:49:38.520
know the uh the homeschooling numbers skyrocketed during the covet you know because they could send
00:49:44.720
their kids to school and uh i i think uh but they need encouragement uh even though see but the
00:49:53.140
majority vote 51 can do anything as once is the evil of of of democracy but you still need a prevailing
00:50:03.200
attitude about the people uh the general rules that you can't steal from people right you know you don't
00:50:09.860
have have to uh explain that but that's uh that's what makes it uh i i think it's so easy it to me the
00:50:20.180
wonderful part about it uh our our little program that we put out this little uh is uh you know
00:50:28.740
for it's institute for peace and prosperity who can turn that down but maybe maybe the prosperity
00:50:37.860
isn't coming fast enough but they have to measure their prosperity in different ways you know there's
00:50:43.180
different ways of measuring prosperity maybe all you want is five acres and a home or something yeah
00:50:49.480
so have you had fun looking back on your life have you had fun coming back looking back on your life
00:50:56.840
have you had fun that was always my goal it was no in a serious way though yes
00:51:03.600
uh uh uh no i i did i think the most there's bad times that comes when there's family problems or
00:51:11.660
somebody dies uh but uh i think it's um it's it's something that uh you uh you you accept and you have
00:51:23.800
you should have fun and uh people people think it's all dire and some people have a hard time
00:51:31.440
you know with life and paying their bills and all but it's the government's fault it's not your fault
00:51:38.020
and this can change they have to have hope yes and i think that's the most important thing and uh i
00:51:44.800
always felt good if somebody said yeah something sometimes the young people and even as they got
00:51:51.500
older would come up and said they would say things that almost they don't say that too loud they'll think
00:51:58.060
we're all crazy and they'll say you can't imagine how you've changed my life and i say i only wanted
00:52:04.660
to change your money no uh evidently the message i have didn't apply to monetary policy alone it applied
00:52:15.640
to everything and it was a way of life and that is non-aggression don't use force don't use violence
00:52:21.960
and the guides are you know uh most people's religions there's not many religions said well
00:52:29.660
you should go out today and murder as many people as you can so i i think uh uh i i remain optimistic
00:52:37.600
except there are days when i think is it time to change no but the reward comes from uh people who
00:52:47.180
who say that uh it's been very beneficial some of them you know will just let me at campuses and
00:52:53.700
they were floating they weren't studying hard or anything else and uh they'll come back and say
00:52:58.680
you know after i heard you speak he says i i buckled down i applied to medical school and now i'm a doctor
00:53:05.540
and and they want to give me credit for that i didn't do it maybe i helped you a little
00:53:11.500
dr ron paul thank you thank you a lot of praise for being right right then as now