"I Believe In The Black Swan": Ron Paul And Tucker Talk Ukraine, US Interventionism, And 'The Most Important Thing'
Ron Paul and Tucker Carlson sat down for an in-depth and thought-provoking exchange spanning U.S. foreign policy, the philosophical underpinnings of government intervention, and the overarching consequences of monetary policy.
On Ukraine
Paul, a longtime critic of US foreign policy - particularly interventionism, slammed America's involvement in the Ukraine war. Carlson played a soundbite of Paul in 2014, when the United States was deep into the reformation of Ukraine.
"We've already spent $5 billion over the last ten years trying to pick and choose the leadership of Ukraine ... And then we participated in the overthrow of the Yanukovych government," (for which then-VP Joe Biden was point-man within the Obama administration)."
And I take a noninterventionist foreign policy position. It's not our business. It doesn't serve anybody's interests. It's part of the same thing that led us into the disaster in the Middle East. So a lot of people die and a lot of money is spent...
-Ron Paul, 2014
Carlson asked Paul just how he knew all that in 2014, to which Paul replied: "Sometimes the people who are running their operation gives you an idea, like like Victoria Nuland," who he called "the worst kind of warmonger."
"Who benefits from these bombs being dropped?" Paul continued.
On Monetary Policy and Economic Principles
According to Paul, America needs to "go through rough tumble times because the price always has to be paid," adding "How do you liquidate the debt? You know, we can't walk away from that debt.
When asked by Carlson how to do this, Paul said that the government would essentially inflate their way out of it.
"You print money, and every time you print money, the value of the dollar goes down. So the value of the debt goes down ... If you double the money supply and prices go up by 50%, it doesn't work that way. But if you do that, the real debt, it goes down. So it's a theft, it's a tax, it's evil." -Ron Paul
"So you inflate your way out of it," Carlson replied.
"Yeah. And that's that's what will happen," Paul said.
