Ron Paul on Fox Business this morning

A journalist asked solid questions, and her guest, a politician, answered them with all honesty. You don't see that too often.


Here is a link to the blog of Alexis Glick, and the interview - we shouldn't express the respect only on YouTube, but also on the place where it came from. Let them know serious reporting attracts interest:
http://glickreport.blogs.foxbusiness.com/2008/02/28/ron-pauls-inflationary-recession/

She says: "I urge you to take a look at what the Congressman had to say."
 
Very good. And the lady interviewing was so straightforward and Dr. Paul perfectly segued into her line of questioning.
 
American's with this question need look no further than their own back yard.

http://en.wikipedia.org/wiki/Continental_dollar


I guess we live in some alt universe.

Here are some other more recent examples.

Nicaragua
Peru
Brazil
Columbia
Argentina

Some history, just search <country name> inflation history and you will see it is all tied to fiat money and currency debasing. Its not news, its a secret that the bankers don't want you to know. The ignorance comes with time and a concerted effort to not share this information with youngsters who grow up their entire lives thinking that paper money is the rule rather than the exception.

Germany
Czechoslovakia
Spain
United Kingdom
Ireland
France

Fact is history has taught us that every economy with fiat currency has folded in on itself. Some govts dealt with it better than others.

Word. Great information.

Not to hijack the thread, but some other preliminary information I found in searches includes:
-http://www.nesara.us/dec02/December_18__2002_-_Swiss_Banker_Tells_How_Gold-Backed_Currency_Hinders_Wars.htm
-numerous references to Islamic gold dinar as a potential USD destabilizing currency
-numerous references to the Chinese developing a gold-backed currency as a potential USD destabilizing currency
-wikipedia mentions: "It is specifically against IMF regulations to base any currency against gold for all IMF member states."
-"Greenspan famously argued the case for returning to a gold standard in his 1966 paper "Gold and Economic Freedom", in which he described supporters of fiat currencies as "welfare statists" hell-bent on using monetary printing presses to finance deficit spending. He has argued that the fiat money system of today has retained the favorable properties of the gold standard because central bankers have pursued monetary policy as if a gold standard were still in place."

It seems that the next step in progressing the argument against fiat currency is in detailing examples of successful gold-back (or other commodity-backed) currencies in the contemporary political arena. There doesn't seem to be any modern example, as the notion of central banking and fiat currency has dominated the world (seemingly as a result of US foreign intervention).

If only we had a positive to argue with instead of tons of negatives to argue against.
 
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