--- title: "Meaning & Key Takeaway of: The greatest threat facing America today…" description: "\"The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Rese..." image: "https://sms4smile.com/quotes/i/2ff/ron-paul-686_america_the-greatest-threat-facing-america-today_483647.png" --- # The greatest threat facing America today is the disastrous… ![“The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation. It is this one-two punch - Congress spending more than it can tax or borrow, and the Fed printing money to make up the…” quote by Ron Paul](https://sms4smile.com/quotes/i/2ff/ron-paul-686_america_the-greatest-threat-facing-america-today_483647.png) [Download](https://sms4smile.com/quotes/i/2ff/ron-paul-686_america_the-greatest-threat-facing-america-today_483647.png) [Open image](https://sms4smile.com/quotes/i/2ff/ron-paul-686_america_the-greatest-threat-facing-america-today_483647.png) > “The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation. It is this one-two punch - Congress spending more than it can tax or borrow, and the Fed printing money to make up the difference - that threatens to impoverish us by further destroying the value of our dollars.” [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The quote warns that excessive government spending and monetary expansion erode the dollar’s value and harm citizens. **In simple terms:** Government overspending and money printing weaken the currency. Key Takeaway Demand fiscal restraint and monetary stability. Themes economics government policy inflation fiscal responsibility Mood concerned urgent cautious Type political warning analytical When to use this quote - budget planning - personal finance - policy advocacy - investment decisions Key Concepts monetary policy budget deficits currency devaluation Questions to Reflect On - How can individuals protect wealth in inflationary periods? - What reforms could balance fiscal needs with monetary stability? A Different Perspective If spending is reduced, other economic issues may arise. ★ ★ ★ ★ ★ No ratings yet [America](https://sms4smile.com/quotes/about/america/) [America today](https://sms4smile.com/quotes/about/america-today/) [Congress](https://sms4smile.com/quotes/about/congress/) [Currency](https://sms4smile.com/quotes/about/currency/) [Deficit spending](https://sms4smile.com/quotes/about/deficit-spending/) [Devaluation](https://sms4smile.com/quotes/about/devaluation/) [Differences](https://sms4smile.com/quotes/about/differences/) [Dollars](https://sms4smile.com/quotes/about/dollars/) [Federal reserve](https://sms4smile.com/quotes/about/federal-reserve/) [Feds](https://sms4smile.com/quotes/about/feds/) [Fiscal policy](https://sms4smile.com/quotes/about/fiscal-policy/) [Government](https://sms4smile.com/quotes/about/government/) [Printing money](https://sms4smile.com/quotes/about/printing-money/) [Reserves](https://sms4smile.com/quotes/about/reserves/) [Shameless](https://sms4smile.com/quotes/about/shameless/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Threat](https://sms4smile.com/quotes/about/threat/) [Today](https://sms4smile.com/quotes/about/today/) [Values](https://sms4smile.com/quotes/about/values/) ## Related quotes > [Austerity policy without currency devaluation can only hamper economic growth.](https://sms4smile.com/quotes/lou-jiwei/austerity-policy-without-currency-devaluation-can-only-hamper/) [Lou Jiwei](https://sms4smile.com/quotes/author/lou-jiwei/) > [My advice would be, as you consider fiscal policies, to keep in mind and look carefully at the impact those policies are likely to…](https://sms4smile.com/quotes/janet-yellen/my-advice-would-be-as-you-consider-fiscal-policies-to-keep-in-mind/) [Janet Yellen](https://sms4smile.com/quotes/author/janet-yellen/) > [Mr. Trump's fiscal policies have produced more growth than Mr. Obama's because they were designed to incentivize businesses to invest, hire, and produce more…](https://sms4smile.com/quotes/stephen-moore/mr-trump-s-fiscal-policies-have-produced-more-growth-than-mr-obama-s/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [ It's the \[George Bush\] president's fiscal policies that have driven up the biggest deficits in American history. He's added more debt to the debt… ](https://sms4smile.com/quotes/john-f-kerry/it-s-the-george-bush-president-s-fiscal-policies-that-have-driven-up/) [John F. Kerry](https://sms4smile.com/quotes/author/john-f-kerry/) > [Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits…](https://sms4smile.com/quotes/ron-paul/deficits-mean-future-tax-increases-pure-and-simple-deficit-spending/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [If the awareness of our limitations begins to limit or to dim our value consciousness as well—as happens, for instance, in old age with…](https://sms4smile.com/quotes/max-scheler/if-the-awareness-of-our-limitations-begins-to-limit-or-to-dim-our/) [Max Scheler](https://sms4smile.com/quotes/author/max-scheler/) > [“Printing dollars at home means higher inflation in China, higher food prices in Egypt and stock bubbles in Brazil. Printing money means that U.S.…](https://sms4smile.com/quotes/james-rickards/printing-dollars-at-home-means-higher-inflation-in-china-higher-food/) [James Rickards](https://sms4smile.com/quotes/author/james-rickards/) > [The devaluation of words and promises regarding free enterprise is, in principle, worse than the devaluation of the rouble](https://sms4smile.com/quotes/dmitry-medvedev/the-devaluation-of-words-and-promises-regarding-free-enterprise-is-in/) [Dmitry Medvedev](https://sms4smile.com/quotes/author/dmitry-medvedev/) > [But the fact that we had to devalue by 40% at once means that Malawians are feeling the shock, the impact of that huge…](https://sms4smile.com/quotes/joyce-banda/but-the-fact-that-we-had-to-devalue-by-40-at-once-means-that/) [Joyce Banda](https://sms4smile.com/quotes/author/joyce-banda/) > [China only did the biggest devaluation in 20 years, only for one reason. Because they could get away with it.](https://sms4smile.com/quotes/donald-trump/china-only-did-the-biggest-devaluation-in-20-years-only-for-one/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale.](https://sms4smile.com/quotes/david-harvey/perpetual-revolutions-in-technology-can-mean-the-devaluation-of-fixed/) [David Harvey](https://sms4smile.com/quotes/author/david-harvey/) > [Those who advocate devaluation are calling for a reduction in the wage levels and the real wage standards of every member of the working…](https://sms4smile.com/quotes/james-callaghan/those-who-advocate-devaluation-are-calling-for-a-reduction-in-the/) [James Callaghan](https://sms4smile.com/quotes/author/james-callaghan/) > [Not only must weapons be bought and paid for out of surpluses of capital and labour, but they must also be put to use.…](https://sms4smile.com/quotes/david-harvey/not-only-must-weapons-be-bought-and-paid-for-out-of-surpluses-of/) [David Harvey](https://sms4smile.com/quotes/author/david-harvey/) > [With China, their primary weapon in China is what they've done with the devaluation of their currency.](https://sms4smile.com/quotes/donald-trump/with-china-their-primary-weapon-in-china-is-what-they-ve-done-with/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [ In the trade pact you know that was recently agreed to, I said you have to talk about devaluation. Because that's been their \[China\]… ](https://sms4smile.com/quotes/donald-trump/in-the-trade-pact-you-know-that-was-recently-agreed-to-i-said-you/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) ## More by Ron Paul > [Washington bureaucrats have classified the very air we exhale as a pollutant and have gone unchallenged in this incredible assertion. The logical consequence is…](https://sms4smile.com/quotes/ron-paul/washington-bureaucrats-have-classified-the-very-air-we-exhale-as-a/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [I'm an imperfect messenger, but the message is perfect.](https://sms4smile.com/quotes/ron-paul/i-m-an-imperfect-messenger-but-the-message-is-perfect/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [History has shown that the masses have been quite receptive to the promises of authoritarians which are rarely if ever fulfilled,](https://sms4smile.com/quotes/ron-paul/history-has-shown-that-the-masses-have-been-quite-receptive-to-the/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [The reality is that our military presence on foreign soil is as offensive to the people that live there as armed Chinese troops would…](https://sms4smile.com/quotes/ron-paul/the-reality-is-that-our-military-presence-on-foreign-soil-is-as/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Right now, nobody legalized paper money. Where did that come from.](https://sms4smile.com/quotes/ron-paul/right-now-nobody-legalized-paper-money-where-did-that-come-from/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Real patriotism is a willingness to challenge the government when it's wrong.](https://sms4smile.com/quotes/ron-paul/real-patriotism-is-a-willingness-to-challenge-the-government-when-it/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Expect the rapidly expanding homeschooling movement to play a significant role in the revolutionary reforms needed to build a free society with Constitutional protections.](https://sms4smile.com/quotes/ron-paul/expect-the-rapidly-expanding-homeschooling-movement-to-play-a/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [“Intellectually and compassionately explaining the reason freedom works is required for credibility.”](https://sms4smile.com/quotes/ron-paul/intellectually-and-compassionately-explaining-the-reason-freedom/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Governments have nothing. They can't create anything, they never have. All they can do is steal from one group and give it to another…](https://sms4smile.com/quotes/ron-paul/governments-have-nothing-they-can-t-create-anything-they-never-have/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Why is it is claimed that if people won't or can't take care of their own needs, that people in government can do it…](https://sms4smile.com/quotes/ron-paul/why-is-it-is-claimed-that-if-people-won-t-or-can-t-take-care-of-their/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [It is dissent from government policies which defines the true Patriot](https://sms4smile.com/quotes/ron-paul/it-is-dissent-from-government-policies-which-defines-the-true-patriot/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [The moral and constitutional obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing…](https://sms4smile.com/quotes/ron-paul/the-moral-and-constitutional-obligations-of-our-representatives-in/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [I will veto any spending bill that contains funding for Planned Parenthood, facilities that perform abortion and all government family planning schemes.](https://sms4smile.com/quotes/ron-paul/i-will-veto-any-spending-bill-that-contains-funding-for-planned/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Prices are going up. Unemployment is continue to go up. And we have not had the necessary correction for the financial bubble created by…](https://sms4smile.com/quotes/ron-paul/prices-are-going-up-unemployment-is-continue-to-go-up-and-we-have-not/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Scientifically, there's no debate over whether the fetus is alive and human.](https://sms4smile.com/quotes/ron-paul/scientifically-there-s-no-debate-over-whether-the-fetus-is-alive-and/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) [Explore all 411 Ron Paul quotes ](https://sms4smile.com/quotes/author/ron-paul/) ## More America quotes > [The costs of the Bush-Obama wars in Iraq and Afghanistan are now estimated to run as high as $4.4 trillion - a major victory…](https://sms4smile.com/quotes/noam-chomsky/the-costs-of-the-bush-obama-wars-in-iraq-and-afghanistan-are-now/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [Young men, especially in America, write to me and ask me to recommend “a course of reading.” Distrust a course of reading! People who…](https://sms4smile.com/quotes/andrew-lang/young-men-especially-in-america-write-to-me-and-ask-me-to-recommend-a/) [Andrew Lang](https://sms4smile.com/quotes/author/andrew-lang/) > [Well, The Day the Earth Caught Fire was a story... I don't if anybody knows what it is but it was about... in the…](https://sms4smile.com/quotes/val-guest/well-the-day-the-earth-caught-fire-was-a-story-i-don-t-if-anybody/) [Val Guest](https://sms4smile.com/quotes/author/val-guest/) > [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Today, the world looks to America for leadership. And America looks to its Corps of Marines.](https://sms4smile.com/quotes/ronald-reagan/today-the-world-looks-to-america-for-leadership-and-america-looks-to/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [The image of blacks usually is one of people who are suffering from hunger, unemployment, and poverty. The idea of them as agents and…](https://sms4smile.com/quotes/grace-lee-boggs/the-image-of-blacks-usually-is-one-of-people-who-are-suffering-from/) [Grace Lee Boggs](https://sms4smile.com/quotes/author/grace-lee-boggs/) > [ I'll smoke, I'll cough, I'll get the tumors, I'll die, deal? Thank you America. \[salutes\] ](https://sms4smile.com/quotes/bill-hicks/i-ll-smoke-i-ll-cough-i-ll-get-the-tumors-i-ll-die-deal-thank-you/) [Bill Hicks](https://sms4smile.com/quotes/author/bill-hicks/) > [America is a democracy and has no Hitler, but I am afraid for her future; there are hard times ahead for the American people,…](https://sms4smile.com/quotes/albert-einstein/america-is-a-democracy-and-has-no-hitler-but-i-am-afraid-for-her/) [Albert Einstein](https://sms4smile.com/quotes/author/albert-einstein/) > [I'm gonna bring America together.](https://sms4smile.com/quotes/donald-trump/i-m-gonna-bring-america-together/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [In the nineteenth century some parts of the world were unexplored, but there was almost no restriction on travel.:; Up to 1914 you did…](https://sms4smile.com/quotes/george-orwell/in-the-nineteenth-century-some-parts-of-the-world-were-unexplored-but/) [George Orwell](https://sms4smile.com/quotes/author/george-orwell/) > [We need a system that serves our needs, not the needs of others. Remember, under a Trump administration it's called America first. Remember that.](https://sms4smile.com/quotes/donald-trump/we-need-a-system-that-serves-our-needs-not-the-needs-of-others/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [America, you're sending girls a mixed message. On one hand, you're saying to have positive body image and love who we are; on the…](https://sms4smile.com/quotes/adora-svitak/america-you-re-sending-girls-a-mixed-message-on-one-hand-you-re/) [Adora Svitak](https://sms4smile.com/quotes/author/adora-svitak/) > [You live overseas, you see these exotic places and you want to know about them. But, weirdly, it also made me homesick for all…](https://sms4smile.com/quotes/ken-jennings/you-live-overseas-you-see-these-exotic-places-and-you-want-to-know/) [Ken Jennings](https://sms4smile.com/quotes/author/ken-jennings/) > [Freedom in every sense but primarily political sense, a rise in repression that stems from a repression of sexuality. 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