Ron Paul: Allow the Liquidation of Bad Debt and Allow Bankruptcies
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And sadly Mitt Romney is supposedly the front runner of the Republican Party.
Crap.
jedahdoma 1 month ago
2:39 to 3:30 is amazingly simple and so true. He's not lying one bit there either. The most simple example of our global financial system is the best for getting across to everyone. Ron did well. What he did fail to mention which is rather important is the interest. In his scenario the dollar owed back to the lender will have also incurred interest. In essence the system is designed to aggregate wealth. Imagine I started this system, I give you ten dollars but I want 15 back. Follow the logic.
dustin8420 6 months ago
@hehh666 Carefull what you call those guys. They really aren't federal, or a reserve.
dustin8420 6 months ago
Ron Paul 2012
END THE FED!
hehh666 6 months ago