Via Sovereign Man comes this series of clips of former Rep. Ron Paul (R-TX) and billionaire investor Jim Rogers on subjects such as Federal Reserve policy, money, and inflation.
I don’t recall ever seeing these two together on the same stage before, so, for that reason alone this is kind of neat as they both rail against the status quo regarding economics and monetary policy, taking Ben Bernanke to task for his misdeeds.
This is from a conference late last year, so, some of the data is a bit old.
Nonetheless, I think Paul has it right when he says “There’s going to be a lot more chaos yet to come”, due primarily to the many gross distortions around the world in financial markets, economic data, currencies, etc. caused by monetary and fiscal policy of recent years.
Rogers again questions whether Ben Bernanke is a liar or a fool and concludes it’s the latter.
Toward the end they talk about U.S. government confiscation of private assets (mostly retirement accounts) when the SHTF – that doesn’t sound good.