Political Quotes

Ron Paul: “We're bankrupt and we can't continue spending. And even these temporary proposals won't address the subject, that we…”

On the recordJuly 27, 2011
We're bankrupt and we can't continue spending. And even these temporary proposals won't address the subject, that we will default. We won't default by not paying the bills. We will default by more inflation. And that is a serious problem.
Said by
Ron Paul

Editor's note · Context

Ron Paul warns about the consequences of continued spending and inflation, stating that the country is effectively bankrupt.

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