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.
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