Ron Paul: We're Broke and Already Over Fiscal Cliff - Bloomberg 11/08/2012

"If you had sound money you don't have deficits because you can't print money."

U.S. Representative Ron Paul, a Texas Republican, talks about U.S. fiscal policy, and the prospects of political compromise on the nation's budget defict. Paul speaks to Betty Liu on Bloomberg Television's "In the Loop."

November 8, 2012