5.19.2010
The real treat in this video comes near the end. To quote:
(in response to Congressman Paul’s concerns about excessive money printing and inflation)
Becky Quick: ” Congressman you’ve been worried about it since 1971 though and if you were betting against the markets you would have lost a lot of money with that view”
Ron Paul: “How would you say that because since 1971, systematically, you know I was so foolish to buy gold coins at $35 an ounce…I don’t feel so bad because my reserves are in pretty good shape…because I knew in 1971 that paper money would lose its value…you can expect a lot more price inflation.”
Watch the whole conversation here:
