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'Cryptocurrencies and Precious Metals Can Co-Exist,' Explains Ron Paul

Just recently the notorious libertarian and Austrian economist, Ron Paul, released a paper that discusses the world’s issues with central economic planning. In the report, Paul goes into vast detail on how precious metals and cryptocurrencies can co-exist in order to prevent current market monopolies from “rigging the economy.”

Also Read: US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown

Ron Paul: “Ultimately, the Market Proves More Powerful Than Government Manipulation of Economic Events”

Ron Paul is a very popular libertarian that ran for the U.S. presidency a few times, but he has always proposed some contrarian opinions unlike any other politician today. For instance, Paul constantly tells the American public that they should “end the Federal Reserve,” or at the very least audit the private bank and find out how it has been operating over the years. Furthermore, Paul fundamentally believes our money should revert back to the ‘Gold Standard,’ and feels it is “a fallacy to believe the U.S. has a free market economy.” Paul’s unique libertarian teachings have inspired a great number of people to embrace free-market economics and question the current way governments operate.

In Paul’s latest paper, The Dollar Dilemma, he details just how bad the monetary system is today, and explains how precious metals and cryptocurrencies can co-exist to help fight against the decaying global economy.   

“The economy is run by a conglomerate of individuals and special interests, in and out of government, including the ‘Deep State,’ which controls central economic planning,” explains Paul’s paper.

Rigging the economy is required to prevent market forces from demanding a halt to the mistakes that planners continuously make — This deceptive policy can last only for a limited time — Ultimately, the market proves more

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