Congressman Paul looks back at the closing of the gold window, reads an excerpt from his copy of Jim Blanchard’s first gold newsletter, discusses his personal experiences with buying gold, and talks about the need to protect individual liberty.
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Does he have ANY PLAN for what to do about jihadie TERRORISTS?
Rand Paul for Senate, 2010!
There would have to be a loan standard of say 1:5 so the economy could grow. There’s no way we could just go 1:1. Not enough gas to fuel the economy. In other words for every ounce of gold, up to 5 times that amount could be loaned out. (Wisely)
Ron Paul, he has the skeleton key for the whole country…He jumps up and down “I’ve got the key! I’ve got the key!”…But nobody hears him.
first you begin by allowing private individuals to contract in gold. then the marke will make a natural transition back to sound money.
check out ron pauls book end the fed. in it he explanes how we would go about this.
fiat system is nothing more than a ponzi scheme..and most likely the biggest one in history..its like madolf…we should have never gotten rid of the gold standard..
every money that is printed would be guaranteed by a certain ounce of gold. this means that if you went to the bank, they would trade you physical gold in exchange for the money, this is one scenario if we are on the gold standard.
this would limit fraudful printing of money and inflation of the dollar. people’s savings would stay the same, not worth less.
same system, but money is printed by the federal govt instead of fed. reserve who loan the dollar plus interest
It would be the same system as now but with no fed and for every dollar thats printed, it would be backed in a reserve with a certain value of gold per dollar.
A dollar is supposed to be a reciept for gold, at any time you could go to the Govt and cash in your dollar for gold. it ended in the late 60′s for us citizens and for the world under Nixon in 1971-73.
I support the Gold standard but I havent been able to find an answer on how would we transition to the Gold standard. Would we just be able to buy gold from Fort Knox or what? Does anyone know?
Dont forget about Jeff Flake!
I am African and I think that Ronpaulism can get our continent out of a lot troubles. Gold &silver standard in Africa!!
My thoughts exactly! We need more of these people in the house. We should also get Dan Mitchell of the Cato Institute to run too!
Peter Schiff for Senate 2010
Adam Kokesh for Congress 2010
Rand Paul for Congress 2010
RON PAUL for PRESIDENT 2012!
I already have the bumper sticker on my car.
Adam Kokesh for Congress 2010!
Jenny Worman for Congress 2010!
Freedom. Can you handle it?
Ron Paul for President.
He has so many good ideas you should be able to talk him up to your friends. Everyone loves freedom, you just need to know that person’s issue. War? Drugs? Money? Healthcare?
yeah thats because were too used to sitting on the sidelines with our hands out looking for what handouts each president is going to promise us and Ron Paul knows we can’t sustain that!
couldn’t agree with you more. Problem is most of my own countrymen don’t know anything about him yet.
im from germany and i wish you guys all the best.
im a big ron paul fan since 2007 when i first heard about him.
other countrys could learn from him a lot.
get him elected!!!
Haha. Excellent question. I wonder what Ayn Rand would have to say about today’s totalitarianism and Ron Paul’s leadership of the reaction.
Peter Schiff for Senate 2010!
Rand Paul for Senate 2010!
Ron Paul for President 2012!
he has many times America is too scared of real change.
We really need this man to run for President bad. Really bad.
Ron Paul 2012!!!