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)
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..
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?
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.
@chevydriver1123 I think he has recommended that we legalize competing currency and gold and silver as legal tender for all debts too. Internationalists travel with a diverse pocketful of currencies, and use which one is best for the country they are going to. He wants it to be legal for Americans to do that also here.
@AFRIKTODAY We have heard that Gaddafi was proposing a gold currency and did not want a central bank creating their currency. The rebels there first thing was to set up a central bank in Libya. Oddly enough.
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!
Rand Paul (his son), is running for Senate in Kentucky and he's ahead in the polls. Let's make sure it stays that way with the December 16th moneybomb !
Does he have ANY PLAN for what to do about jihadie TERRORISTS?
3martijns 2 years ago
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)
plalelal 2 years ago
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.
adelelles 2 years ago
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..
marekmazurkiewicz 2 years ago 2
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?
chevydriver1123 2 years ago
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.
europa 2 years ago 2
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.
anarchylogic 2 years ago
@chevydriver1123 I think he has recommended that we legalize competing currency and gold and silver as legal tender for all debts too. Internationalists travel with a diverse pocketful of currencies, and use which one is best for the country they are going to. He wants it to be legal for Americans to do that also here.
sibkiss2009 8 months ago
I am African and I think that Ronpaulism can get our continent out of a lot troubles. Gold &silver standard in Africa!!
AFRIKTODAY 2 years ago 2
@AFRIKTODAY We have heard that Gaddafi was proposing a gold currency and did not want a central bank creating their currency. The rebels there first thing was to set up a central bank in Libya. Oddly enough.
sibkiss2009 8 months ago
Peter Schiff for Senate 2010
Adam Kokesh for Congress 2010
Rand Paul for Congress 2010
bajoverga 2 years ago 2
Dont forget about Jeff Flake!
chevydriver1123 2 years ago
Rand Paul for Senate, 2010!
dlbirchle 2 years ago
RON PAUL for PRESIDENT 2012!
I already have the bumper sticker on my car.
enemyartistkristofeR 2 years ago 5
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Freedom. Can you handle it?
Ron Paul for President.
SK3Nives 2 years ago 2
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?
shuimaster 2 years ago 3
Haha. Excellent question. I wonder what Ayn Rand would have to say about today's totalitarianism and Ron Paul's leadership of the reaction.
machaeroguy 2 years ago 4
Peter Schiff for Senate 2010!
Rand Paul for Senate 2010!
Ron Paul for President 2012!
Vunks2000 2 years ago 23
Adam Kokesh for Congress 2010!
Jenny Worman for Congress 2010!
enemyartistkristofeR 2 years ago
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!
bajoverga 2 years ago
We really need this man to run for President bad. Really bad.
mattisava 2 years ago 31
he has many times America is too scared of real change.
Ervine4 2 years ago
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!
daeclipse03 2 years ago 2
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!!!
Krampfarsch 2 years ago 15
couldn't agree with you more. Problem is most of my own countrymen don't know anything about him yet.
daeclipse03 2 years ago
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Ron Paul 2012!!!
danbowski40 2 years ago 6
Rand Paul (his son), is running for Senate in Kentucky and he's ahead in the polls. Let's make sure it stays that way with the December 16th moneybomb !
randsteaparty(.)com
phchartrand 2 years ago 16
At 5:06 he nerded out for a bit. Come on Ron, go 2012! Just do not announce it until the right time.
Tasadaru 2 years ago 8
i didn't see it.
He will run.
chaserehn 2 years ago 6
ron paul save our constitutional rights!!!!!! star revolution
okeanos317 2 years ago 7
Paper, backed by NOTHING, is not money.
RON PAUL 2012 !!!
iannetta11 2 years ago 5
Where is John Galt?
oscar7557 2 years ago 4
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Shvingter88 2 years ago