Monday, January 4, 2016
Ron Paul Warns: 2016 Could Be an Explosive Year
Saudi Arabia and Iran are in a diplomatic war over the Saudi execution of a prominent Shiite cleric critical of the Saudi government. Diplomatic relations have been broken and escalation seems all but inevitable. The new year has started with an air of chaos and tumult. Will this set the theme for what will follow? A great new discussion between Ron Paul and Daniel McAdams.
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I'm fascinated with Paul's brief comments at 12:40 about how inflation contributes to job loss in the United States...
ReplyDeleteI've listened to Ron Paul for a pretty long time now(since 06'), and I don't think heard him explain this specific opinion before on job loss as a result of inflation/created money.
It seems logical to see how capital investment in production here can be distorted by money creation, to the degree it disrupts manufacturing investment. (who knows how much)
I've always felt that personally, but never really heard anyone else elucidate quite in the same way as Paul just did. I think Schiff touches on it from time to time by referring to the loss of "productive jobs" of the years I've listened to him-but not in quite the same manner...yet it all still seems anecdotal(though logical).