Will you crash the stock market?

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Category:

News & Politics

Tags:

• ron-paul
• presidential
• candidate

[Xare420]

So your blaming Ron Paul when your house of cards made of paper falls down ?

[olivierzyx]

I'm a Ron Paul supporter. If anything, today's 75bp rate cut shows why Ron Paul is right to get Americans out of the greenback and into gold. But the key is to do it slowly by giving each and every individual the choice, not by abolishing the Fed at the stroke of a pen on Day 1 of his presidency.

[andyparf]

what is the difference between using paper or shiny rocks like gold, its the fractional reserve lending that is killing everything, or banks lending without any backing to the currency which i why you say gold i guess, currency only has any worth if you believe in it

[olivierzyx]

The difference between using paper vs. gold is that the State can costlessly print as much paper money as it wants, but it cannot crate gold out of thin air. So if you do not trust the State's self-restraint (ha!) then you want to use gold rather than paper to trade and save.

[DarkerDivinity]

The housing bubble wasn't caused by Ron Paul. Why would you even consider him to cause the markets to crash? If he was elected, the dollar would increase in value because people would know our fiscal policies would be more responsible and we would have balancd budgets. This is economics 101.

[olivierzyx]

I certainly don't think the current stock market crash is caused by Ron Paul. It is due to years and year of irresponsible policy by the Fed printing money out of thin air.

Initially I thought getting rid of the Fed too quickly would cause adjustment pains on the stock market, but now I have done more research on Dr. Paul's program, my concerns in this respect have been greatly alleviated (see my other response to jdog1kenobe earlier today).

[tgambill]

they crashed the stock market in 1929 as a plan set up in 1927. Three years later, the elite set up an American Coup that failed to get off the ground and at the same time, Wall Street financed and supplied Nazi Germany with the supplies needed to fight WWII. true story.

[mde2004]

better start investing in silver and gold, food, water, and buying some guns. Gonna be a mess.

[AntiBullS]

I 'am not a Ron Paul but I believe he was going to accomplish it by installing competing currencies first

[Voidka]

I don't think Ron Paul could abolish the Fed at the stroke of a pen even if he wanted to. Fairly sure he would still have to go through Congress. This is why its very important that people get deeply involved in their government.

Becoming a delegate that will vote for Ron Paul is the first baby step needed. Not only is this the only way he can win the nomination but its the only way America can change. Essentially, people have to change their attitude.

[motorious1987]

what causes the market to crash? the media, and more specifically, the little investors

It's all over the news, and a lot of people are trippin'=selfforfilling prophecy...+ humans are animals, so we do what others do (you sell? owkay, i'll sell to)

But it wouldn't be on the news if banks were a bit more responable

[olivierzyx]

Just to clarify my current position - I am no longer worried that Ron Paul might cause the market to crash because I have now discovered that his plan to get rid of the Fed is a slow and indirect one: let gold coins denominated in units of weights (ounce, etc) into the hands of Americans and be used for payment, trading and savings (non-taxable). Over time the greenback will wither away into irrelevance with a whinper not a bang, and this will not cause any big crash.

[jdog1kenobe]

you've got it backwards dude, ron paul will win because the market crashes.