"Believe me, the next step is a currency crisis because there will be a rejection of the dollar, the rejection of the dollar is a big, big event, and then your personal liberties are going to be severely threatened"
About this Quote
The subtext is libertarian and distinctly post-gold-standard: money is a proxy for sovereignty, and sovereignty is the last firewall protecting the individual from the state. When Paul says “big, big event,” he’s signaling more than market volatility. He’s implying that dollar dominance isn’t merely an economic convenience; it’s the hidden subsidy that lets Washington finance wars, expand surveillance, and paper over fiscal choices without immediate voter revolt. Lose that privilege and the government, desperate to maintain control, will reach for force.
Context matters. Paul built his brand on the Federal Reserve as the villain and fiat currency as moral hazard. This line echoes long-running anxieties on the American right: that economic fragility will be used to justify emergency powers, capital controls, cashless tracking, and restrictions sold as “stability.” The intent isn’t a neutral forecast; it’s a disciplining story aimed at voters: accept smaller government and sound money now, or expect coercion later. The brilliance, and the provocation, is how it recasts a monetary system as a civil liberties issue, turning balance sheets into a referendum on freedom.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Paul, Ron. (2026, January 17). Believe me, the next step is a currency crisis because there will be a rejection of the dollar, the rejection of the dollar is a big, big event, and then your personal liberties are going to be severely threatened. FixQuotes. https://fixquotes.com/quotes/believe-me-the-next-step-is-a-currency-crisis-25564/
Chicago Style
Paul, Ron. "Believe me, the next step is a currency crisis because there will be a rejection of the dollar, the rejection of the dollar is a big, big event, and then your personal liberties are going to be severely threatened." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/believe-me-the-next-step-is-a-currency-crisis-25564/.
MLA Style (9th ed.)
"Believe me, the next step is a currency crisis because there will be a rejection of the dollar, the rejection of the dollar is a big, big event, and then your personal liberties are going to be severely threatened." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/believe-me-the-next-step-is-a-currency-crisis-25564/. Accessed 12 Feb. 2026.




