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Gold, Peace, and Prosperity [Part 2]

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Uploaded by on Dec 31, 2007

Professor Floy Lilley reads the second part of Ron Paul's important monograph, "Gold, Peace, and Prosperity: The Birth of a New Currency."

Ron Paul has been the leading champion of sound money in Congress. Here he explains why sound money means a new gold standard.

This monograph is written in the clearest possible terms with the goal of explaining the basics of paper money and its effects of inflation, business cycles, and government growth.

He maps out a plan to bring about a dollar that is as good as gold, one that would be protected against manipulation by government and central bankers.

This monograph first appeared in 1981, and it has been in wide distribution ever since.

Henry Hazlitt writes the introduction, and Murray Rothbard writes the preface.

This audiobook is also available for download in MP3 audio format at http://mises.org/multimedia/mp3/audiobooks/GoldPeaceProsperity.mp3.

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  • this is scary insight and wisdom, oh the manipulation/s and principles either playing for or against us, particularly the "dependent" working classes.

    Its great to be an "independant" trader/investor and economist, particularly with currency, commodities and "international" equities with multiple national citizenships, tragic to be otherwise.

  • thank you again for this.

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  • Money, like religion must be beyond the control of govt, and govt's sole existence re-relegated to security agency of property rights and protection from violence, otherwise why have govt at all?

    The incompetent and corrupt parasite robber Govt we suffer under today, makes the Founder's complaint list against King Geo III look petty by comparison!

    We are a country of govt wolves created SHEEPLE, whom they ONLY feed off.

  • Inferring that Milton thinks inflation creates wealth??? My understanding is that the constant background inflation of money supply was to maintain prices, so that the $1.99 drink I buy today will probably be $1.99 next week. The problem is that the money supply does not get inflated in everybody's pocket simultaneously and that we have a political fiat beast. Whereas fluctuating prices creates cost, there are also counter-arguments and ultimately free market moneys is the way to go.

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