PDA

View Full Version : Ron Paul predicts US Dollar to drop to -459.67 degrees F.



GRG55
10-09-07, 02:20 AM
Absolute zero! Even in Minnesota that's damn cold. It all started with hedge funds freezing withdrawals, and now look what's going to happen...

Congressman: Dollar Could Collapse To Absolute Zero
Presidential candidate Ron Paul warns of coming global economic depressionPaul Joseph Watson
Monday, October 8, 2007


Presidential candidate Ron Paul has made a dire prediction that the dollar could collapse to absolute zero - precipitating hyper inflation, soaring oil prices and a global economic depression if current policies are continued.

"Once they realize the American people have awakened to the con game that's been going on - I think those people running the banking and monetary system aren't going to be too happy," Paul told the Alex Jones Show on Friday.

The Texas Congressman forecasts that if current policies are prolonged, the dollar could crash all the way to nothing and be forced to start over.

"If Bush is foolish enough to start bombing Iran, that might precipitate such a crisis as oil going to $200 dollars a barrel and really dampening the enthusiasm of the whole dollar," said Paul.

"If they continue what they're doing, it's gonna go to zero, we're gonna have runaway inflation, all paper currencies eventually self-destruct and are ruined, and we're in uncharted waters right now - this is the first time in the history of man you've had no solid currencies around the world and this has been going on for 35 years."

Paul agreed that elitists would seize upon a global depression by posing as the saviors and offering more control, police state and big government as the solution.

"This was the whole thing that started in the last depression," said Paul, "Scare people to death instead of blaming the Federal Reserve for the depression and the financial bubble of the 20's, they said 'well capitalism failed, it was that stupid gold standard', therefore we have to have welfare and of course everything they did prolonged the depression."

Paul said his warnings about the impending collapse of the U.S. economy, which stretch back years, were helping his campaign gain credibility due to the unfolding crises in the market and the credit crunch.

"When the people understand how the Fed screws up the economy and causes all the bubbles and all the changes that have to come from that, I'm getting a lot more calls," said Paul...

Link to full article:
http://www.prisonplanet.com/articles/october2007/081007_dollar_collapse.htm