Rand Paul On Ukraine, Israel Aid: We Don't Have The Money To Help Other Countries

Rand Paul: "You know, we don’t have the money. And the biggest threat — while I agree the border should be secure, an even bigger threat is to the dollar and to our currency. I follow Jim Grant, I think he’s one of the smartest guys out there, you know, looking at the economy and the Fed. He predicted a lot of the things that happened in 2008 when we had the housing bubble burst. He thinks we’re due for high interest rates for a long period of time, but we’re accumulating debt at a trillion dollars every three months now. This is an extraordinary thing. And interest rates are now becoming the highest or one of the largest items in our budget. So, really, people can talk about wanting to help other countries, we don’t have the money. It has to be printed up, it's destroying our currency, and it’s why it costs more to go to the grocery store to buy your groceries. We can’t allow this to happen. There is a possibility we could go too far with this and we could have a cataclysmic economic downturn, recession, depression, destruction of the currency."