Every Empire must find a way to destroy itself, and nearly every time it does this, it is through spending, increased money supplies, and reduction in the value of it's currency.
Let's see, USA policies the world Check.
USA prints money to bail out wall street, check.
Commodities prices continue to sky rocket, check.
Um, yeah, seems pretty on target to me.
All Paul is drinking is the fact that the neo-conservatives (those of the blue blood republicans that tend to act like the Rockefeller's) only hang their hats on reduced taxes instead of taxing and spending. Instead, the budget shortfalls are made up from borrowing from the likes of the ChiComms and the Japs. As long as they are generous enough to keep lending, then all is well. As long as the assets that back the loans are valuable, all is well. Once the leverage is over extended and the assets that back the capital are used 3 or 4 times (or in many current cases 15~30 times over), we can't sustain ourselves without printing the money to make up for the excess leverage, and thus weakening the value of our currency.
I understand and support much of that.
But why does he attribute these policies to “neo-cons?”