Gold, Peace, and Prosperity [Part 1]

Professor Floy Lilley reads the first 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.

Category:

News & Politics

Tags:

• Money
• Gold
• Federal
• Reserve
• Currency
• Ron
• Paul
• Economics
• Ludwig
• von
• Mises
• Free
• Market
• Lew
• Rockwell
• Hayek
• Freedom
• Liberty

[timpor]

WOW. this is awesome opportunity to hear ron paul's work on money. thank you very much!

[CurtHowland]

Also the western Roman empire.

The problem with denying monetary cause and effect is that you have to then deny all the times it's been correctly identified throughout history.

[kevinjoubert]

@samten10a When exactly has the the value of paper money ever increased? Paper money is not an issue... the reckless printing of it is. As the price of gold rises, you simply need to pay people less gold in ounces to amount to the same pay. Its a zero sum. In fact, its exactly the opposite of what you are thinking. You don't WANT to double your money supply when your population doubles.

[kevinjoubert]

@samten10a When exactly has the the value of paper money ever increased?

[TheMultitina35]

WOW THAT WAS GREAT BUT BORING.

[DadoPennsylvania]

does anyoen know where to get all of RON PAUL'S BOOKS translated into German.

I would like all of them from GOLD<PEACE AND PROSPERITY to END THE FED. all of them in German...ANYONE PLEASE

[Avidcomp]

@samten10a If the population doubles and the supply of gold has not increased then the spot price increases therefore if the price doubles then only half the amount of reserves can still serve the increased (doubled) population.

[doughtymqan]

@samten10a Read some more on the subject. There are THOUSANDS of places on the internet where you can get a better understanding. What you posted is absurd.

[kingbane2]

@samten10a yes, however that means the government can manipulate the price of gold. right now however, the government doesn't really regulate the price of paper money. a private bank does, ie the federal reserve.

[samten10a]

Gold is worth any thing the government says. Just like the paper money. If you think not you are a imbecile. When the population doubles where are you going to get the extra gold to pay them for there work. You either have the gov regulate the cost of every thing or raise the value of the gold. Just like paper money.

If supply of gold increase then the price goes down.

[lewis121701]

What ever it is I said go back and read again , I guess it was something over fractured banking I have no idea. But I'm sure it was bad.

[mbear14]

@JETZcorp lol, hey, whatever does it for you. funniest damn post i've ever seen on a ron paul page ;)