By Ron Paul
We are facing economic consequences that are going to involve not only the American people and stock markets, but are going to be a worldwide problem. There will be more conditions like we’ve recently seen in Greece, and we ought to prepare ourselves for that.
But for me, the only way that we can prepare for this is to do our best to stop it, and to accept the fact that the politicians aren’t going to change. The statements made by the GOP presidential candidates blaming China for the stock market crash indicate that they don’t have the vaguest idea as to what is going on. They are not willing to bite the bullet.
You may think: “But Trump is the guy. He’s going to do it.”
But he’s a protectionist!
Trump’s going to make it worse if he puts on tariffs and takes charge of the economy. We want the people to take charge of the economy, which means that we have to get rid of the Federal Reserve, get rid of the income tax, let the people go to work, let the people keep what they earn, don’t violate their civil liberties, don’t violate their privacy, and don’t get involved in the affairs of other nations.
Then we can be free and prosperous. Such is a system that the rest of the world would want to emulate. That would make the difference.
Unfortunately, right now, it’s not on the horizon. But it still can come if we have enough people who understand the difference between what we have, and where we should go. There has to be a replacement. We can’t linger like this.
We have to have the type of reforms where we talk about free markets, property rights, and sound money. That would be the solution, instead of blaming China.