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Do We Need a Gold-Backed Ron Paul Dollar?
140 ResponsesBy RonPaul.com on January 30, 2012
Posted in Federal Reserve, Ron Paul's Interviews | Tagged Gold, Sound money | 140 Responses
140 responses to “Do We Need a Gold-Backed Ron Paul Dollar?”
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God, I wish Americans just had at least some basic knowledge of how economics works….It’s so frustrating dealing with these people who think we can just print unlimited amounts of money with nothing to back our currency with. I don’t understand how they can’t understand that.
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Audit Fort Knox. I’ll bet that the guards are guarding nothing at all. Without gold backing our dollar, it’s worthless. Bernake just keeps priniting. Wait until hyperinflation occurs when the interest rate increases. It is now being held down until, after the elections. Everything will cost so much more. Food and gas prices will be extremely high. Your savings account, retirement and college savings, and investments will dramatically decrease in value.
Our deficit has surpassed our GDP. The uneducated who rely only on the MSM will wake up one day. But, by then we will be at the point of no return.
Vote For Ron Paul!!!
»crosslinked«
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I’m sure the gold is physically there, I’m just not sure who can lay legal claim to it, no doubt it’s been rehypothecated a billion times over already
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Anyone from Florida here to confirm this is possible?
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When they show Ron Paul as 4th behind santorum with 10%.
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I really don’t believe the poll results in Florida, when they show Ron
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The answer is simple… We kill the bat man.
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The irony of the picture at 0:06 is that it says “Federal Reserve Note” at the top.
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It has worked for some, and in certain times, we need our own currency. They claim it’s illegal.
BARTER
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The answer is YES.
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It is so cool to watch this old white man inspire an entire generation of Americans of all backgrounds. As evil as many of the actions of America’s founders were, noble was there promise. Dr. Paul is here to help us fulfill it and become that proverbial City on The Hill Republicans are quick to allude to!
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a dollar was traditionally the Spanish silver dollar, and by that understanding it was a specific weight in silver. The idea of honest weights and measures is so important that it is even in the Bible.
Ron Paul 2012
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watch out for the bubble!!!
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ron paul! he is are last chance
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ron paul! he is are last chance
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LIBERTY’S LAST CHANCE – RON PAUL 2012!
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The guy talking over Ron Paul the whole time kinda bothers me.
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PEOPLE join me by getting off your couch and out of your computer chair by going out in your community and getting involved in phone banking and sharing the message about RON PAUL. This is our fight, our cause, our future. We must take back this country…before its too late. Give something. Do something. Then repeat
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And rake in the DELEGATES. Delegates are what’s counted in the GOP race. Not votes. Isn’t that funny how the voting system has become twisted. Delegates shouldn’t exist. It should only be the number of votes!
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Gold and silver currentcy would make the need for banks as they are now useless, because the value of gold and silver would go up more than the interest rate that the banks pay you to use your money.
Ron Paul 2012!
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Printing money out of thin air is not so bad for a Country..However, it’s the Banksters interest attached that is the inequity (Usury)..Government printing monies is OK !, but the privately owned FED printing money out of thin air and then adding interest (that has not been printed !?) is unlawful (Unconstitutional)….
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There will always be manipulation that cannot be avoided but it can be significantly constrained if printing money becomes fraud again.
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Gold can’t be created on a computer screen by bank or printed by a central bank behind our backs. That’s good enough for me.
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Don’t forget the English Goldsmiths manipulated gold as well…people better be aware of this or the new elite will be those who hold most of the gold at the time we go back on a gold standard. History proves this….Money Changers can manipulate fiat and commodities just as well. If you force 100% of people to use gold and only 1% own it your going to have a huge problem. Who controls the quantity of money is a lot more important than what backs it.
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if i were part of a century long plan to set in motion the ownership and control of this country, i would HATE ron paul. thats why i love him
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Badass interview. Thank you Kudlow for doing this.
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Help us OBGYN, you are our only hope!
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After watching the WHOLE video I saw nothing of having gold completely replace the dollar. Just have dollars back by gold in order to prevent a huge amount of printing and spending. I see nothing wrong with that. Those who oppose Dr. Paul always amaze me with their twisting of his words and ideas.
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Also I doubt anyone posting on the comments of this video have more economic and monetary knowledge than Dr. Paul. If you where are your videos from the past couple years speaking of the upcoming economy crash that DR PAUL predicted DECADES AGO!!!! So please take your bullshit economics class credits some place else. No one is blind. This man has been speaking like this for years.
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It just occurred to me that, if Ron Paul is elected and turns this nation around, his face SHOULD be on the new currency. He deserves it after fighting so hard for us. He is clearly not in this for himself. If he was he would be like Rewitt Sangromnich. RON PAUL 2012
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The only argument for a gold standard i see is the need of a self inflicted restriction of money expantion. imho the same way printing money is a artificial way of expanding money (does not necessarily corresponds to expantion of goods and services in the market) money backed by gold is also artificial. If someone (a country) finds zillions of moutains of gold it will be richer (like spain) but would have produced no goods nor services (that is
inflation).
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We better vote for this man. Period.
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A gold standard will result in the wholesale destruction of the environment and people will lose their private property when those seeking gold and other metals invoke eminent domain. Gold is no less a fiat currency than any other. Money needs to be created by government spending tax money into the real economy. Paul’s supporters have more blind faith than Obama’s hopesters. ‘Wake up’ yourselves! There are no easy answers.
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The Fed’s monetary policy allows Banks and Corporations to accumulate wealth.Dr.Paul’s monetary policy would restore the wealth to the people.We were founded as a government of,for,and by the people.Its time to make our Founders proud,and restore the Constitution,and in doing so,restore America!
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The Fed’s monetary policy allows Banks and Corporations to accumulate wealth.Dr.Paul’s monetary policy would restore the wealth to the people.We were founded as a government of,for,and by the people.Its time to make our Founders proud,and restore the Constitution,and in doing so,restore America!
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So many people are so used to the artificial economy the establishment perpetuate and it is killing us.
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If Ron doesn’t get the nomination,
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