Ron Paul: America Is The Biggest Counterfeit Machine In The History Of The World

 "If the Fed couldn't monetize debt and the debt limit couldn't be increased, [Congress] would say oh my goodness, we're going to have to change policies, maybe we shouldn't be the policemen of the world, maybe we shouldn't be the endless welfare state.  And it will come to an end.  And when it ends with the dollar crisis everybody loses...and then there's political chaos.  We're not immune to that.  This idea that we won't suffer the same consequences of other nations...right now we bail out everybody!..But it all depends on trust in the dollar.  One day people will wake up and say 'why are we trusting this counterfeit machine.'  We're the biggest counterfeit machine in the history of the world."

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