Ron Paul: U.S. “totally bankrupt,” warns fed strategy “is to cause chaos”

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Kitco News) – Former U.S. Congressman Ron Paul declared the United States is “totally bankrupt morally and financially,” arguing in a wide-ranging interview with Kitco News that the nation’s $1.9 trillion deficit is a “debt spiral” that will be “paid off with funny money” and that citizens should be “on our toes for something very, very big to happen.”

Speaking on November 5, 2025, Dr. Paul analyzed a series of colliding economic and political crises. His comments came as the Federal Reserve injected $125 billion in emergency liquidity into the repo market, while simultaneously facing public criticism from the President’s own Treasury Secretary, Scott Bessent, over a “housing recession

https://www.kitco.com/news/article/2025-11-05/ron-paul-us-totally-bankrupt-warns-fed-strategy-cause-chaos