The System is Collapsing! | Ron Paul — SF713

0:00 Thank you.

0:04 [music]

0:09 Ladies and gentlemen, Russell Brand I can't stand him.

0:11 Russell Russell controversial conspiracy theorist trying [music]

0:14 to bring real journalism to the American people.

0:19 Hello there, you awakening wonders.

0:20 Thanks for joining me today for Stay Free with Russell Brand.

0:22 It's a very special show because we are being joined by Ron Paul.

0:25 And in a time of crisis and confusion

0:29 and fallen idols and spreading and endless wars

0:32 a kind of new Tower of Babel almost where people don't know what to believe in.

0:37 People will believe in anything.

0:40 Every day a new conspiracy theory.

0:42 Every day a new criticism, a new attack.

0:46 Every day further reasons for despair, confusion, and annihilation.

0:50 We're living sort of in a time where it feels like history is melting away.

0:55 It's lessons not received.

0:57 So, it's a great honor to be able to introduce Dr.

1:00 Ron Paul.

1:00 Before we say hello, please have a look at this brief package we've

1:04 assembled to introduce you to those of you that may

1:07 not be familiar with him to some of his work

1:10 and in what he represents at this critical time.

1:13 If you're watching this anywhere other than Rumble, come and join us on Rumble.

1:16 And if you don't have Rumble Premium yet, get Rumble Premium now.

1:19 Ron Paul is a former congressman, physician,

1:21 and long-time advocate for limited government,

1:24 individual liberty, and non-interventionist foreign policy.

1:27 What if we wake up one day and realize

1:29 that the terrorist threat is a predictable consequence

1:32 of our meddling in the affairs of others and has

1:34 nothing to do with us being free and prosperous.

1:38 First elected to Congress in the 1970s,

1:40 he became one of the most influential libertarian voices in American politics,

1:44 building a loyal following through his opposition to endless wars,

1:48 central [music] banking, and government overreach.

1:50 His presidential campaigns in 2008 [music] and 2012

1:53 helped shape a generation of anti-establishment politics,

1:56 particularly among younger voters skeptical of both parties.

1:59 Today, through his writing, interviews, and the Ron Paul Liberty Report,

2:03 he continues to challenge mainstream [music] narratives around war,

2:06 economics, and personal freedom.

2:09 You know, when the founding fathers got sick and tired of the British tax,

2:11 and they say how to tax them about 25%.

2:14 The American people are rather [music] complacent to put up with this.

2:19 Thank you for joining us, Dr.

2:21 Ron Paul.

2:25 So, um hi Dr.

2:26 At the moment, we can't hear you.

2:28 I'm not sure if that challenge is taking place at your end.

2:31 Massie, can I hear you talk for a second and that will help us to understand.

2:34 Speaking.

2:35 Hey.

2:36 Nice one, Massie.

2:37 Thank you.

2:38 Um so, yeah, like so our audio is working this end.

2:40 Doctor, if you got someone there that can um assist you with that audio,

2:45 likely it might be mute in on Zoom or the platform

2:47 that whatever platform it is we're using to connect with you.

2:50 Um but, if you can hear me,

2:52 this is what the first perhaps get some assistance on that microphone.

2:58 Yeah, we're not hearing that.

2:59 So, um I think someone needs to assist

3:01 you with the platform and the audio there.

3:04 But, I can firstly outline some of the areas that I want to discuss

3:09 with you because it feels like a unique

3:12 and particular moment of disarray and confusion.

3:16 This is the first thing I'm going to ask you

3:18 about when eventually we're able to access your audio, sir.

3:21 It's this.

3:23 Trump was such an idiosyncratic and powerful candidate, and [snorts] in a way,

3:29 he felt like the end of a particular type of politics,

3:32 particularly when he campaigned for the presidency the first time,

3:35 revealing just Yeah, we got it.

3:37 I can hear him.

3:38 We're like revealing in casual declarations in the early debates against

3:43 Hillary that I use the loopholes that all of your donors use.

3:49 If Trump doesn't work, if Trump is still, it seems,

3:54 beholden to the kind of deep state centralized supra-national

4:00 forces that many people believe direct the trajectory of politics,

4:05 then what must follow?

4:08 Must we have real systemic change?

4:10 And can you guide us to what we will

4:13 be campaigning for and highlighting so that our audience,

4:18 who live in this kind of instantaneous constant churn environment,

4:22 can have the benefit of your insights when

4:25 it comes to the necessity for systemic change, sir?

4:29 Well, I think the systemic changes are destined.

4:33 They will happen.

4:35 And Trump is in the middle of it, but he didn't create it.

4:39 I think the destiny is that when you don't follow a set

4:43 of rules that make a lot of sense and defend liberty,

4:46 you're going to get this mishmash.

4:48 You get For instance, if you defy the principles of sound money,

4:53 and you allow the government in secret to print money out of thin air,

4:57 and start wars, and not expose what they're doing to the people,

5:01 you can do that for so long, and you can run your debt up for so long,

5:04 but but eventually, uh it has to end because the people will get disgusted.

5:11 They sort of got aware of this, and a major

5:14 event occurred in 1971 because we were doing way too much,

5:18 and the deficit was too big.

5:20 And and [laughter] and we had to declare the bankruptcy.

5:25 That's when we went off the gold standard.

5:27 So, we defaulted then.

5:29 But, uh it it continued anyway with uh overreach,

5:34 spending too much, too many wars, too much welfarism, too much corruption.

5:39 And that was inevitable that would lead to this crisis.

5:43 But, the Trump is in the middle of it.

5:45 He's just orchestrating, taking advantage of it,

5:48 because he's getting in charge of this conflict and the breakdown,

5:53 and it's up for grabs.

5:54 Because right now, we're see we're getting violence in the streets and chaos.

5:59 Other people want to grab hold of something, too, because,

6:02 you know, that's that's a stated principle of a Marxist.

6:06 Bring on you know, chaos in the streets,

6:09 and then we're going to grab hold of power.

6:11 What do we see today?

6:12 Even announced cut communists and socialists

6:16 winning major elections in our country.

6:21 So, they're there.

6:22 So, the the mess up came by the sacrifice of the liberties

6:26 of the the principles of sound money and the Constitution.

6:30 And the inevitable occurred.

6:33 So, we're in the midst of the developing the bankruptcy,

6:38 and it's going to get a lot worse.

6:40 So, that's why I think it's so vital that we talk about the principles

6:44 that once made a nation a lot better off than it is today,

6:48 and why we should be talking about that, and not the single consequences.

6:56 Yes, there are wars, and we have to talk about it.

6:59 Yes, there are high prices.

7:00 We have to talk about it,

7:01 but we have to talk about how and why and why do the people support it?

7:07 One of the principles that you've just described is the problem

7:11 that occurs when you decouple a nation's wealth from gold-backed currency.

7:18 I perhaps because this is an idea

7:20 that you've been disseminating and describing for some time,

7:24 it's something that I'm as as much as any layperson can be familiar with.

7:29 If I'm familiar with it,

7:31 and and many more advanced minds than mine are familiar with it,

7:36 what is the obstacle to this notion being advanced politically?

7:42 what power exists that prevents even

7:45 that one principle being instituted, Doctor?

7:50 It's a result of a principle that we

7:52 endorsed 100 years ago in the progressive era,

7:56 and that was the debasement of the currency

7:59 and the giving up of the currency and opening up

8:01 the doors to those hungry for power to in secret

8:06 be able to manipulate all the economy for special favors,

8:10 like you know, supporting the military-industrial complex.

8:14 So, the principle was that the founders were very clear,

8:17 only gold and silver were to be used as legal tender.

8:21 And it was announced in '71, which is a date that I talk about a lot,

8:27 when we rejected the gold standard because we left out,

8:31 and that opened up the doors.

8:34 I'm amazed that the corruption and the fraudulent

8:37 and the counterfeiting of money has lasted this long,

8:41 but what it leads to, the longer last, the more distortion there'll be,

8:46 the more there will be a division for between the rich and the poor.

8:50 And right now, you know, you could read certain articles from certain papers,

8:55 and everything sounds, you know, pretty good.

8:57 They quote statistics,

8:59 but if you go and find out what the people are doing and some of the some

9:03 of the polling now does reflect the fact

9:05 that the people can't buy pay their bills,

9:08 and they don't live we can't live very long without a paycheck.

9:13 So, we're we're in in a crucial danger spot

9:17 of deficits and and this runaway inflation with our currency.

9:23 But neither political party have an appetite

9:28 to abide by the principle you've just described.

9:34 So, how will that principle ever be politically realized?

9:42 The Trump's not doing it.

9:44 Gavin Newsom, if he's the next candidate, is not doing it.

9:47 So, where is it available as an option for America

9:51 And this is just like to take in one granular idea,

9:55 albeit a very significant one.

9:57 There is no one advocating for it it meaningfully.

10:02 Well, you've run as an independent,

10:03 of course, several times, and ultimately [snorts] unsuccessfully.

10:07 And one has the sense that your your system here

10:10 in this country will never afford

10:12 an independent candidate meaningful legislative power.

10:17 So, how will this Are we not ultimately, doctor,

10:22 discussing the requirement for systemic change

10:26 so that there is actual representative democracy?

10:30 Because otherwise, no one is ever going to reverse what happened in 1971.

10:35 No one's offering it.

10:36 No People are discussing it,

10:38 but no one that's in in a position to instantiate it.

10:41 So, what is the change that's required even

10:44 for that one change to be even discussed?

10:48 Well, I'm not quite as pessimistic as that, because that's

10:52 where I find some optimism that there are the changers.

10:55 The bright people are changing their minds.

10:58 There was a big change in the attitude in this country in the regular media,

11:04 except for the monetary issue.

11:06 And uh And when I first went to Congress in '76, they said, "What are you doing?

11:13 Who's [laughter] What are you talking about this stuff?

11:15 It's on the It's on the news every day." And then you have

11:18 big arguments between the president and the chair

11:21 chairman of the Federal Reserve Board,

11:22 "Well, should interest go up a here a a quarter

11:26 point here or there?" Which means it's being discussed.

11:30 And that's the way we lost it.

11:32 We lost it through the people doing

11:33 the discussion and the people who grabbed hold

11:36 of the progressive educational system because I think

11:41 it's government schools versus an independent thinking group.

11:45 So, I say there's a lot of people on Mises Institute.

11:48 I can name 10 little groups that and that's small in number, but it's very,

11:52 very important that there there's people doing

11:55 this and and they're they're out there.

11:58 And I was very very much encouraged when I did did my campaign.

12:02 You say, "Yeah, but you didn't get anywhere.

12:04 You You You didn't win any states or anything."

12:08 But, I saw thousands of kids, young people,

12:11 college kids on liberal college campuses when you talk to them about liberty

12:15 and why it's important to have sound money and and and restrain the government,

12:22 they understood this.

12:23 But, I agree.

12:25 I I'm a pessimist on the short run because I believe the debt

12:29 and the malinvestment that has occurred with the destruction

12:32 of the currency has to be liquidated.

12:35 And right now, you know,

12:37 our our debt now is the greatest it's ever been and and you know,

12:41 that they they overlooked the debt during World War II,

12:43 but it's bigger than that now.

12:45 So, it's it's it's it's it's destined to change and there's a lot

12:52 of people out there changing their minds about it and are complacent.

12:56 But, it is it is tough.

12:58 There's no doubt about it because everybody's become dependent.

13:01 The system we have now today is disgusting because you you know,

13:06 the executive branch of our government and the government

13:09 itself for years has always passed out stuff.

13:12 You know, this take how many how much money has been passed out,

13:15 counterfeit money to the universities?

13:19 And there's been a a lot.

13:21 So, if if the universities don't

13:24 have the right professors profes- teaching there, uh they threaten them.

13:29 The government says to them and trouble say to them, "Well,

13:31 if you don't do it our way and don't you don't let

13:33 these speakers come in and you don't teach this, that uh we're

13:36 going to take your money away." And so uh we've taught people

13:40 to be addicted to this, and yet we still do have private schools.

13:44 We still do have uh you know, homeschooling.

13:47 We still have you on the air because you want to talk about this.

13:51 And I think subtly there's a lot it's a lot better off

13:56 on the educational part because uh it

14:00 in my understanding of how the system works, it isn't a numbers game.

14:04 You don't have to wait say, "Well, you have to have 51%." No,

14:08 uh authoritarians that are you have a pure democracy is get

14:12 the majority out there and they can take and do anything you want.

14:15 No, I think right right now it's

14:17 a small minority that has to change the attitude,

14:22 and that's the way the revolution occurred.

14:24 They didn't They didn't convince the you know,

14:27 the people in the colonies to have a vote and there was 30 21%.

14:32 There were leaders and we call them the founding fathers.

14:35 And boy, if you read the details of the founding fathers,

14:39 it's it's uh really they deserve a lot of admiration.

14:42 So, there but we have them here.

14:45 We have them now.

14:46 You know, the Austrian School of Economic Policy,

14:49 and I can name six of them that that I got to know real well,

14:53 and they've been teaching for a long time.

14:56 And they're they're out there.

14:57 I am shocked that if I go on a trip

15:00 and I've teach uh uh if I talk to to the people,

15:06 they said that uh they they themselves have started their own program.

15:10 And I always had a habit of no matter who called,

15:14 but be even before I ran for office,

15:16 and they would call uh from a university, "Oh,

15:19 we have 15 members in our Libertarian Club." I would go.

15:23 I didn't know the difference, but I talked to them.

15:25 It turns out those 15 work for me in the Congress.

15:29 They started their own program.

15:31 So, I see the momentum as very decent.

15:34 So, I look on the positive side of it.

15:36 Of course, I don't have much fun looking at only the bad part.

15:40 But, I remember talking and telling the young people how bad it was,

15:44 what they were inheriting.

15:46 You don't own yourself.

15:47 They can draft you.

15:48 We and and the wars, you know, I I got it.

15:52 And I talked 45 minutes on that.

15:54 And and then I would give my 10-minute pitch

15:57 of what liberty could do and to correct these problems.

16:00 And then, what I was impressed with is someone would come up to me said, "Dr.

16:05 Paul, I really like what you're saying.

16:07 You're such an optimist." I said, "An optimist?

16:09 I just talked for 45 minutes to tell you how bad things were." So,

16:15 I I think there's a message there.

16:17 It was for me that yes, you got to tell the truth.

16:20 And then, you've got to give them an answer.

16:22 And to me, the answer is in as pure

16:25 as an understanding of liberty as you can get that honesty.

16:28 I I think people should learn and know what natural laws are.

16:32 You know, it's natural.

16:33 I believe from beginning of time that you're not

16:36 supposed to lie and cheat and steal and murder people.

16:40 And I [laughter] I probably 99% of the people agree with that.

16:45 So, I think that they're on our side.

16:47 But, right now, we're like our country's like spoiled kids.

16:50 All they knew was getting money and never learned how

16:53 to do do things and until they consumed the wealth.

16:56 The country now has consumed its wealth because right now,

17:00 we're we're seeing these stupid wars going on.

17:04 How much wealth has been consumed since World War II?

17:08 Needlessly, against the rules, against the natural laws.

17:12 So, I still have room.

17:14 Besides, I think if we play this game and do this and explain it to them,

17:21 it actually is a lot of fun for me because I can see uh every every year

17:25 or two I I get one or two converts that they go out and do a lot better.

17:28 So, I I and besides, it's not much fun for me to say, "Well,

17:33 it's coming to an end and you better get

17:35 your gun and shoot some people before they take over." So,

17:39 I think people should have fun.

17:40 I come on programs like this because, you know, I I cheat because I enjoy it.

17:45 It comes for enjoyment.

17:46 And maybe, I don't know how many listeners you have,

17:49 and I don't know how how many of your listeners

17:51 might be doing something you don't even know about.

17:54 So, I think that's you know,

17:56 it's a it's a positive attitude that I try to follow.

17:59 Dr.

18:00 Paul, you're right to encourage us to pursue the principle of joy.

18:05 And please believe me when I say that I recognize that I'm

18:09 in the presence of an elder with great accumulated wisdom and experience.

18:15 I'd like to publicly thank Christina

18:18 Tobin for organizing and facilitating this interview.

18:22 Thank you because I I'm not pessimistic nor cynical.

18:27 I have great faith in human beings.

18:29 I have great faith in God.

18:32 I have great faith in your country.

18:35 And I believe in the unadulterated prima materia of consciousness,

18:41 our true gift from God, the light that cannot be overcome by darkness.

18:47 And yet what I feel is that after the events in 2008,

18:52 that almighty and dreadful global crash, which Barack Obama elected to bail out

19:00 banks and financial institutions rather than regarding,

19:05 respecting, and honoring the individual freedom

19:09 of American people and protecting them financially.

19:12 And then I suppose 11 years later another global crisis, this time the pandemic,

19:20 the COVID pandemic that has produced so

19:22 much so many questions and so much confusion,

19:26 but similarly appears to have advanced

19:28 the kind of decimation that you're describing

19:32 even when we just limit our discussion

19:35 to financial matters and financial falsehoods.

19:39 It seems to me that we're in an extraordinary moment because I saw Barack Obama

19:46 as some kind of last prince of a particular

19:49 moment that perhaps began in the '60s.

19:52 And I think that now that that has fallen away into nothing

19:56 and it might be that we are learning that such a seemingly indefatigable

20:02 and unique figure as Donald Trump is I don't want to say controlled

20:07 because my legal status in this country for one thing is slightly fragile,

20:10 but like [laughter] I want to say that if such

20:14 seemingly diverse political figures can produce such evidently similar results,

20:22 what's being exposed is that the system itself has its own telos

20:27 and the taxonomies of Republicanism and demo

20:31 and the Democrats have to be newly explored.

20:36 That we have to find new language and institute new systems.

20:41 And when you said about the those geniuses that created the Constitution,

20:47 that sloughed off the mighty British Empire

20:50 which you know perhaps you can recognize in my accent that I have some

20:53 affinity and affiliation [clears throat] with that.

20:56 Um, it was in order to create, yes, freedom and the right to pursue happiness.

21:02 And I do wonder if the technology that's currently being used

21:06 in particular in my country to surveil people, to control people,

21:11 to limit people, to potentially if indeed central currencies,

21:16 centralized digital currencies are further instituted to financially persecute,

21:22 penalize, and control people.

21:24 This very technology it appears to me could be inverted

21:28 to realize the vision of your founding fathers in a new way.

21:34 Maximum freedom, maximum democracy, minimal government intervention,

21:41 but it seems to me that there isn't a because the system itself is contained,

21:47 restricted by arguments that prohibit anything but its own sustenance,

21:54 that there has to be intercession from outside.

21:58 I don't mean outside of America, I mean outside of the conversation.

22:02 And I believe that your wealth of experience coupled with the potential of new

22:07 technology founded upon the documents upon which

22:11 your country was built somehow hold the solution.

22:15 And I want to know what's required from American people to bring that about.

22:21 And you're the person I'm asking.

22:24 Well, it's an individual thing and it's a moral thing and that is beyond,

22:30 you know, just telling somebody to act in a certain way.

22:34 And the founders understood that issue about you

22:38 have nothing if you don't have a moral people.

22:40 So, the really the the cause started with the people becoming immoral

22:47 and and and wasting and taking all this wealth and consuming it.

22:52 And we still have wealth in spite of all the destruction.

22:56 And the well we were blessed with a lot of wealth and it

23:00 has also spoiled us to the sense we had we had the currency

23:04 of the world and we had all the natural resources but we had individuals

23:09 that wanted more and more and more power and all this stuff went on.

23:14 And oh AIDS things like that happened they're predictable and uh

23:19 if you understand the Austrian economics you don't be surprised there's

23:22 going to be a bigger one and there's a this is

23:25 a it's a warning of uh of of what is coming.

23:29 And I I think that is something that that uh we have

23:34 to prepare for but I I will I believe that uh you

23:39 can understand this you can see it and you can get uh

23:43 you know unhappy with it's not going fast enough but uh the one

23:48 thing that uh the Austrians uh Austrian economist said that especially Mises

23:54 you know if you inflate that is if you if you print

23:58 money and destroy sound money uh interest rates are are not uh

24:03 stable and you don't know what they really are so bubbles are built.

24:06 People spent too much money there's too

24:08 much debt but there are another there's another

24:11 rule the rule of that is it self-destructs

24:14 and we're in the middle of the self-destruction.

24:17 And the other thing is that even though you

24:19 and I might agree on how bad things are

24:22 the one thing we don't know is what's going

24:24 to happen tomorrow or or the next day maybe there will

24:27 be a revival uh in a moral sense that people

24:32 will accept some of the principles we're talking about

24:35 or and I right now think it's it's not going

24:38 to be that good but you should work on that.

24:40 We're not going to elect enough people in our Congress

24:43 to all of a sudden start voting right and cutting the spending.

24:46 That that isn't it.

24:47 They say why'd you spend so much time in Congress?

24:50 It's only because I never expected to go and after

24:53 I won I figured well what should I do?

24:55 I thought I'd leave a message and I wouldn't have

24:57 to stay very long because they they wouldn't want to hear it.

25:01 But I think that is is a is

25:04 a understanding that we're capable of the others monetary issue

25:09 has been more talked about that and understanding

25:12 in the last couple decades and the prediction is is

25:16 when they do that and mix it in with a bunch

25:18 of moral moral people in in the government doing really bad things that it ends

25:26 and the the bubble burst and something has to be done.

25:30 But the big the big problem is is when is that going to happen?

25:35 You can predict what's going to happen, but you can't say, you know,

25:39 this is going to happen in 2 months or 2 years or 10 years.

25:43 But this can't continue to be prosperous

25:47 and happy and living under the conditions like

25:49 that by just living and borrowing and running

25:52 up debt and people fighting over the crumbs.

25:55 Right now, I think the one of the biggest

25:58 issue that has to be dealt with and the politicians

26:01 know this and that is the the difference

26:07 the difference between the rich and the poor.

26:09 There are more and more rich and more poor and you know,

26:15 the distribution of wealth is is not the right thing.

26:19 This makes people very very nervous and that's why we will have violence,

26:24 but we still have to have the spirit of the founders and yes,

26:30 everybody should do it.

26:31 You know, I when the internet came out and even AI, you know,

26:35 I look at that, I said, you know, my mind doesn't you know,

26:39 immediately grasp all this, but I do know that something

26:43 I don't fully understand when especially when it began that it's

26:47 a tool that falls on my lap and that is I

26:50 never dreamed I would talk to as many people as I do.

26:53 I mean, our numbers keep growing up of people interested

26:56 in hearing what I might have to say on X every day.

27:00 So, I think I I think there's room for Otherwise, there's no other choice,

27:06 but I think the understanding of Austrian economics and the basic

27:10 principles of liberty and basic principles of no lying and no stealing.

27:16 Everybody knows that from the time of Adam and Eve.

27:20 You know, that that we've been taught that.

27:23 So, and the other other thing is is I'd much rather be happy than sad.

27:30 So, we have conferences and we had a recent conference.

27:33 We had the you know, no big crowd, 200 people,

27:36 250 people, but I have a I have a rule.

27:39 You better have fun here.

27:40 That's what you come for.

27:41 You have to enjoy the people that like this.

27:44 And I I just think our numbers are growing, but boy,

27:48 I agree with you on How do you do it?

27:51 You got your hands full.

27:52 Well, you you start with one on one on one, you know.

27:56 That's it.

27:57 And you know, you know, Walter Jones was a very good friend of mine

28:01 and he was a hawk and was supported all

28:04 the wars and everything else and he finally was

28:06 converted to it and he by himself you know,

28:10 set out to bring attention to the you know, the Iraq war.

28:17 And he was astounding on how many people would look and admire him for that.

28:22 So, I I think I think that plus the fact

28:27 when you get to know people that have an agreement,

28:29 you don't have to have to fight with them.

28:32 And I also accept the advice that was once given to me a long time ago.

28:37 Don't be argumentative.

28:38 Matter of fact, I don't like to argue at all and I won't disagree.

28:44 And people will ask me questions,

28:46 but uh Leonard Reed of the Foundation for Economic once told me,

28:51 he says what you need to do first is learn,

28:56 study and learn, which I'm still trying.

28:58 I'm still working on that because if you do,

29:01 people will come and ask you question.

29:04 And I remember the first time that happened in Congress.

29:07 And did I did I convert hundreds of congressmen?

29:10 No, two or three or four, but uh you know, one person carry goes a long way.

29:16 And the whole thing is building a new remnant that maintains the truth.

29:22 We don't know where they are.

29:23 We don't know how many they are, but we know it's right and we know it's

29:26 superior to all this thing that's going on today

29:29 that has to use force and violence and killing

29:33 and fraud and all these things to do it.

29:36 That actually can get pretty boring.

29:38 And besides, it's wrong.

29:40 Yes, we we do live in a fallen world.

29:43 Dr.

29:43 Paul, we have to have a quick commercial

29:45 break because we are determined to live financially responsibly.

29:50 When we return from the commercial break,

29:53 which is a requirement of our economic model,

29:56 we will have questions and comments from the people in the chat,

30:00 so please post your questions in there.

30:02 And we will also I want to ask you particularly about Bitcoin and digital

30:07 currency and the possibility for new liberty

30:10 that might come from new forms of currency.

30:13 I also want to ask you about Jesus Christ and natural law.

30:19 If you so if you'd be so kind, sir,

30:20 to stay with us, then we'll be back in a matter of moments.

30:24 Here's the commercial break.

30:26 Thank you.

30:26 Who knows when the government will decide to switch

30:27 you off or hunt you down like a pig?

30:31 Squeal.

30:31 We're going to need a currency that's

30:33 beyond the reach of corrupt global institutions.

30:37 Rumble Wallet is what you need, and cryptocurrencies are what you require.

30:40 You can choose from Bitcoin, stablecoin tied to the US dollar, or Tether gold.

30:44 That's backed by real gold.

30:46 How much control have you got over your money right now in this second?

30:49 None.

30:49 It's being controlled by the monarchy and the Rothschilds.

30:53 Technology has changed everything now and it's changed how money works.

30:56 Crypto started as niche but now it's going mainstream.

30:58 Faster payments, more control for you, middle men.

31:00 This ain't hype.

31:01 This is where it's going.

31:02 And getting started is easier than you think.

31:04 That's where Rumble Wallet comes in.

31:05 With Rumble Wallet, you can buy Bitcoin, hold dollar back stable coins,

31:08 even digital gold backed by real gold all in one place.

31:10 Setup is simple.

31:11 It connects with MoonPay.

31:12 So, you can use your debit card, credit card,

31:15 or bank account and be up and running in minutes.

31:17 Start small.

31:18 $10, $50, $100.

31:20 It's not about the amount,

31:20 it's about getting early and understanding what's coming next.

31:23 And once you set up,

31:23 you can even tip your Rumble Tip your Rumble Rumble Reators.

31:27 I'm sorry, we're going to have to leave that as it is.

31:29 Like me directly.

31:30 Do this now.

31:31 Scan the QR code, click the link in the description,

31:33 download Rumble Wallet from there, accept your wallet,

31:34 tap buy, and you're in the game.

31:36 Take control of your money, get started with Rumble Wallet today.

31:39 one.

31:40 Dr.

31:41 Paul, do you think that digital currencies are one way in which we may be able

31:46 to decouple ourselves from the inflationary madness that you've

31:51 spent the first part of our conversation describing?

31:55 Yes, it could be, but I don't see it on the horizon being automatic.

32:00 And I'm real close to the Bitcoin people,

32:03 but I'm not you know, up and down and saying, "This is it.

32:08 Take it.

32:09 Bitcoin.

32:09 Everybody's going to be using Bitcoin." I'm not there,

32:12 but the reason the Bitcoin people like to listen to what I have to say about

32:19 Bitcoin is I introduced legislation for competing currency

32:22 to make it legal for us to do it.

32:25 But one of the first thing the Bitcoin leaders

32:28 have done is go to the Congress and said

32:30 they said we got to get involved and get

32:33 the regulations lined up so we know what we're doing,

32:35 whether we're a a bond or a stock or whatever,

32:38 and how we how how they're going to do on taxation.

32:42 So, they're they're much too close to the government,

32:44 but the principle of the currency is there.

32:49 It doesn't fulfill the basic principles going all

32:51 the way back to Aristotle that you had to have,

32:55 you know, something that you can define and something

32:57 that you can use if you don't use it as money.

33:00 So, this is a little bit mysterious for me,

33:02 but where where I have joined in is it has to be legal and made legal.

33:08 It's sort of like having freedom of speech,

33:12 only about 10% of the time we have to monitor what you're saying.

33:16 And then besides that then after that they have to monitor.

33:19 So, freedom of speech is sort of like Bitcoin.

33:23 They say, "Yeah, you can have all these and there's

33:24 all these coins out and I don't understand them all,

33:28 but I understand the principle of liberty,

33:30 but I also understand don't get too close to the government

33:33 because it won't fulfill your hopes and dreams of having something

33:37 that will really compete because history goes against us because legal

33:42 tender where the government takes control is is is well known.

33:46 It's happened many, many times and that's why the founders

33:51 knew so often that that if you had a central bank, you would have, you know,

33:55 the inflation problems that we have and they

33:58 tried to get us going in the right direction,

34:01 but we haven't and I don't I I think once again,

34:06 my my point is Bitcoin should be legal.

34:10 They should stay away from depending on the government

34:12 to guide us through the rough spots.

34:15 That I think is, you know, a job.

34:18 Your country was founded, obviously, on revolution and revolutionary principles.

34:25 Of the original 13 colonies, it seems that many of the leaders were interested

34:31 in keeping an affinity with my country, Great Britain.

34:36 Others wanted more decentralization.

34:38 I'm thinking like Patrick Henry, I think he's who I'm thinking

34:40 of, said that there should be more decentralization,

34:43 that we don't want any federal control.

34:45 Now, sometimes I feel that what's

34:48 required is almost another revolutionary moment,

34:52 where if these systems of government

34:54 that you have described are so intransigent,

34:57 so controlled, so unwilling to yield,

35:01 so the tendency towards corruption so evident and obvious,

35:06 able to withstand peculiar characters and brilliant new movements,

35:11 the inertia so strong that it seems that the moral decline will continue,

35:16 the financial decline will continue,

35:19 the wars will continue unless there is an external intercession,

35:24 unless something intercedes.

35:26 Now, earlier in our conversation,

35:27 you said that you feel optimistic about people.

35:30 I share that optimism.

35:32 Do you think one possibility is that instead of using the systems,

35:39 oper- instead of operating within the institutions of government,

35:43 is it possible that using some of this new technology,

35:46 we begin parallel systems using,

35:49 you know, for one example being Bitcoin or cryptocurrencies,

35:53 to establish parallel economies and systems?

35:56 Because it seems in a way that the United

35:59 States of America and the world at large,

36:02 one could say, is facing a similar moment,

36:05 where empire is so strong, moral decline so ubiquitous,

36:11 that without something radical and interventionist,

36:15 we can see where this is heading.

36:17 Not that I don't mean that pessimistically.

36:19 What I mean to say is that now

36:22 that we have the technology for different types of currency,

36:27 now that we have the technology for different types of communication,

36:31 it's pretty clear one of the lessons I took from the COVID era is that sent

36:36 the centralized control of information that it existed

36:41 even 10 years before has begun to unravel,

36:46 which meant that people got access to information

36:50 that prevented them from yielding further authority

36:54 to I think governments that by and large

36:56 were acting either in bad faith or in ineptitude.

37:01 So, what my question to you is this.

37:03 Could we be Could we begin to start parallel

37:07 movements using cryptocurrencies and communicative

37:11 technology that meant that mean that we don't have to spend all our time

37:16 sort of competing in environments controlled by a donor class,

37:20 lobbyists, extraneous powers, supranational powers that can't be undone.

37:26 No one's going to ban lobbying tomorrow.

37:29 No one's going to say, "Hey, neither political party or any candidate can accept

37:32 donations anymore." No one's going to do that.

37:35 No one's going to make meaningful meaningful

37:38 legislation that stops people in Congress trading

37:41 finding ways to trade in stocks and shares that they have inside information on.

37:46 Like, it seems to me that the system is so decrepit,

37:49 so decrepit and broken that unless there is another revolutionary moment that I

37:55 suppose in the same way that your founding fathers did in the