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holycrap71t (December 31, 1969 at 11:59 pm)
He is nuts.
Zimmerman79 (December 31, 1969 at 11:59 pm)
He is the MAN
fhusain (December 31, 1969 at 11:59 pm)
I LOVE YOU MR.PAUL
misslolo27 (December 31, 1969 at 11:59 pm)
I love you Ron Paul!!!
Aequitas7x (December 31, 1969 at 11:59 pm)
Love Ron Paul.
jdizzleforizzle21 (December 31, 1969 at 11:59 pm)
love this man.
user197a (December 31, 1969 at 11:59 pm)
god bless you, Ron Paul.
RonPaulisInsane (December 31, 1969 at 11:59 pm)
camarozr1, Thanks for recognizing that a system that uses dollars backed by gold breaks down because it is based on an arbitrary fixed exchange rate.Where are you going to find the gold to make coins for 500 million Americans and Europeans?
camarozr1 (December 31, 1969 at 11:59 pm)
We also had several forms of national banks and tried to fix a price to gold in that time frame. It was not a true gold standard it was a government controlled market and history has shown time and time again that it always fails.
RonPaulisInsane (December 31, 1969 at 11:59 pm)
The fed tightened the money supply at the start of the depression to keep us on the gold standard. The gold standard then transmitted the depression to Britain.Please watch my Milton Friedman videos closely.By the way, we had financial panics in 1837, 1857, 1873, 1890, and 1907 while on the gold standard and BEFORE the federal reserve even existed.It was an active central bank and FDIC insurance that prevented this for 70 years after the Great Depression. |
