POLITICS AND THE ECONOMY
Ron Paul on The Current State of the
American Economy
Captions by Dr. Ron Paul and the Stanford Research Center

Doctor Ron Paul’s predictions back in the 1960’s as he addressed the Congress       
Republicans and Democrates:
The way you live, work, travel, retire, and invest in America… everything is going to
change. Some of it in ways most people do not expect. This period is going to be
The way you live, work, travel, retire, and invest in America… everything is going to
particularly tough on seniors and anyone relying on a fixed income, or money from
the government.

"Trouble is coming—please make sure you, your family, and anyone you care
about are prepared."

But, I fear we're on the edge of something much worse.  An event that will cause
the dollar to lose all it's remaining value, almost overnight.

What’s going to happen next and what can we do about it:

Currency Crisis:

Today it takes two of the new zinc pennies to manufacture one penny, it takes
one dime to manufacture one nickel and it takes two dollars to manufacture one
dollar.  Remember the 50 cent peace, its productions stopped back in the late
1960’s.  The cost of producing the 50 cent peace became too high to continue its
production.

What we are looking at is the cost of producing American currency exceeding
the value of that currency.  This means that soon there will be no pennies (as we
have seen the reduction in the manufacturing of pennies and nickels and a total
elimination of the 50 cent peace).  Last year it cost the government over
$100,000,000 to make pennies, nickels, and dimes.  Shortly after that we will see
an elimination of dollars production.