Ron Paul: Legalize Competing Currencies

by Ron Paul I recently held a hearing in my congressional subcommittee on the subject of competing currencies. This is an issue of enormous importance, but unfortunately few Americans understand how the Federal Reserve and Treasury Department impose a strict monopoly on money in America. This monopoly is maintained using …

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Ron Paul: We Need Free Competition in Currencies!

by Ron Paul The end of June marked what is hopefully the end of the Federal Reserve’s policy of quantitative easing. For months the Fed has purchased hundreds of billions of dollars of Treasury debt, enabling the government to fund its profligate deficit spending, push the national debt to its …

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Ron Paul’s Plan to Make the Fed Obsolete

Early next year Ron Paul will take over as head of the House subcommittee that oversees the Federal Reserve. He outlined his plan to make the Federal Reserve obsolete: Audit the Fed and hold it accountable. Legalize gold and silver (and other competing currencies). Educate the people. Date: 12/10/2010 Likes(0)Dislikes(0)