Price fixing doesn't work, neither does a gold standard. A fixed rate of gold would cause the gold to flow in one direction and being hoarded somewhere. We need a free floating gold price where savers can save in golod and use currency in transaction. The currency doesn't have to be backed by gold because the pricing will solve this. Google Freegold and read FOFOA.
Like or Dislike: 0 0
help Ron Paul get the nomination watch?v=ZcWy6VFOx2I&feature=related
How about using Moon rock as the basis for currency value? One little rock is worth millions, requires less storage space and is easier to handle. It takes a large financial outlay to get more. It would encourage space technology advancement for other countries to try to get some. Gold is too common and easy to get. It's right on Earth. You just dig it up. Moon rock is a little harder to come by.
Like or Dislike: 2 0
Do something Amazing For Ron Paul go to Americans elect.org support him and get a second chance at the Presidential run If the Good folks at Americans Elect.org can get all the paper work and signatures done for Ron Paul in all 50 states We can show our support and vote for Ron Paul to be the one chosen by Americans elect.org It is easy to do and we all will benefit from Ron Paul in office. Ron Paul twice in 2012!
Like or Dislike: 1 0
You sir, deserve a medal. No. A GOLD medal.
The idea of a gold standard is just stupid because the demand and supply of gold are NOT constant! This means that while putting up to ~30% or ~50% in gold might be a good idea, the holding of 90% or 100% in gold is for a central bank just a stupid idea.
Like or Dislike: 1 1
The only thing that makes a $1 bill different from a $100 bill is a couple zeros. The cost to manufacture is identical -- which is the real problem -- it is all too easy to print your way out of trouble in the short term. The real reason (I suspect) Nixon abandoned the gold standard was the true cost of Vietnam plus recession was shamefully high. We need a commodity based money if only to remove the money printing temptation.
POLLS say he can. Secret MEDIA lies about? 46 states = 98% of DELEGATE counts & only 2 running BALLOT QUALIFIED in all 46? = RON PAUL & MITT. He always had a plan, Other 2 times he was not really running, He's NOT running for re-election. 2012 RP is 100% all in RUNNING! This is a delegate count race. NEWTS finished. Put your money on the TX BIKE RACER. VOTE YOUR CHOICE. if needed go to Election BD & register GOP & vote = Dr PAUL ..pass this on
if you choose any of the other candidates but ron paul then it means you do not want freedom or smaller government. sheeple want the protection and guidence of their shepards. i say ron paul will make this country strong again if given the chance and then our money will be worth something again. i can remember in the early 60's going in to cash my pay check and asking for $20.00 in silver dollars because i liked the feel of having them morgan's in my pocket they were heavy. and they were silver which is accepted in any country on the planet because of their silver content, and the government had no controle over my earned money, they could not say what it was worth because of the silver standards. now that's real money. not this paper that can fall by the way side at any time and not be worth a cent. real people and not sheeple want to fend for them selves and want liberty, they want the value of their money to be valuable in all country's and backed by gold or silver.
YOUR government can do whatever it wants, doesnt mean the rest of the world will accept it forever. China and Russia are already trading with each other using their own currency not US$. India is buying oil from Iran using Gold and soon China will be too. The days of the US$ being the reserve currency are fast coming to an end. You cant fix the currency system because you cant even service the interest on accumulated debt with your taxes.YOUR CURRENCY IS TOAST!
you can shut down the fed, attach 'money' to a shiny rock or assume that "free market" can regulate everything you still misinterpret the very nature of the societies and the financial regimes of the day. meet people with new stories, learn from them, clean up the government. sovereign (debt-free) money is a nations greatest opportunity -- real public infrastructures, good services and fortunate people, this is 'money'.
It's like watching an eagle eating worms.
Your email address will not be published. Required fields are marked *
− five = 2
You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>
Yes, send me email updates and action alerts from RonPaul.com
Notify me of follow-up comments by email.
Notify me of new posts by email.
RonPaul.com is maintained by independent grassroots supporters of Ron Paul. Neither this website nor the articles, posts, videos or photos appearing on it are paid for, approved, endorsed or reviewed by Ron Paul or his staff.