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Ron Paul: Gold and Bitcoin are at risk of government crackdown

 
McDonald Trunalimunumaprzure
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03/30/2021 09:20 PM
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Ron Paul: Gold and Bitcoin are at risk of government crackdown
The best way to protect against economic turbulence is with hard assets like precious metals and real estate, but even these are under threat from the government, said former Congressman and host of The Liberty Report, Ron Paul.

“The government is a threat,” Paul said. “They will crackdown because they have the ability to do it. We had a taste of [a free society]. If you don’t know where to start, just start with the Constitution, that might give you an idea of what a free society is all about.”

Paul noted that this “crackdown” could take the form of taxes.

On Biden’s proposed infrastructure bill, Paul said that its outcome would be “worse than average.”

“Most likely it will do what those kinds of programs always do, they spend a lot of money, they’re inefficient, they always cost more than they thought they should. Besides, it’s built on some mystical belief that you shouldn’t have any concern about the deficit…everybody’s just in a dream,” he said.
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Last Edited by PANDEMIC OF THE VACCINATED on 03/30/2021 09:24 PM
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03/30/2021 09:22 PM
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Re: Ron Paul: Gold and Bitcoin are at risk of government crackdown
The best way to protect against economic turbulence is with hard assets like precious metals and real estate, but even these are under threat from the government, said former Congressman and host of The Liberty Report, Ron Paul.

“The government is a threat,” Paul said. “They will crackdown because they have the ability to do it. We had a taste of [a free society]. If you don’t know where to start, just start with the Constitution, that might give you an idea of what a free society is all about.”

Paul noted that this “crackdown” could take the form of taxes.

On President Biden’s proposed infrastructure bill, Paul said that its outcome would be “worse than average.”

“Most likely it will do what those kinds of programs always do, they spend a lot of money, they’re inefficient, they always cost more than they thought they should. Besides, it’s built on some mystical belief that you shouldn’t have any concern about the deficit…everybody’s just in a dream,” he said.
[link to www.kitco.com (secure)]
Thread: INVESTORS... Heads up! Billionaire Ray Dalio on 'shocking' tax changes: Could see new 'prohibitions' against gold, bitcoin



 Quoting: McDonald Trunalimunumaprzure


If you want to avoid this dump your crypto into Monero $XMR.

Last Edited by Jack Eye on 03/30/2021 09:22 PM
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03/30/2021 09:22 PM
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Re: Ron Paul: Gold and Bitcoin are at risk of government crackdown
Thread: INVESTORS... Heads up! Billionaire Ray Dalio on 'shocking' tax changes: Could see new 'prohibitions' against gold, bitcoin
Thread: Wikileaks 1974 State Dept. Cable Confirms Gold Futures Market Was Created for Price Suppression. (They don't want you owning gold)
Thread: FEDCOIN: Powell on Adopting Fully Digital Dollar & Central bank has long been considering. Says: More a substitute for gold than the dollar
Thread: FEDCOIN: Federal Reserve’s Digital Dollar Push Worries Wall Street
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