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 C...
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.
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wow, its taken 28 years for his 'predictions' to come true. Wasn't it earlier this week when it was announced that the USD will no longer be the reserve currency?
This is all very true and inspiring. The problem is that the lifespan of our fiat currency has been adequate enough for our government to build a military infrastructure so enormous that it will squelch any opposition to it's will. We have literally funded the means for our own destruction through our labor.
Think about what might have caused the Byzantines and the Romans to have felt the need to debase their currency and you'll see the connection. Military expansion/overstretched defense plus welfare/ bread and circuses required debasement of the currency. Debasement of the currency brings about inflation, which causes socio-economic dislocation. Having a currency that the government can debase encourages, perhaps even guarantees, downfall.
That is exactly to all the world empires of the past Egypt, Babylon,Greece and Rome a debasement of currency. This is nothing new with fractured banking this dates back all the way to the tower of Babel so all the so called economic genius like the Rothschildes , Rockefeller's , JP Morgan's the world has been there done that and got a T-Shirt and the system will fall I hope I'm not around when it happens because it will be called the dark ages part 2
The proven worth I care about is individual freedom - 100% self ownership as described in the Declaration as unalienable and the impetus w/Common Sense for expelling Crown rule.
The Constitution, as fine as it was, was more a Hamiltonian minority mercantilist over-reaching secretive switch for the bait of the Declaration's freedoms it disserves.
Libertarian or objectivist, who cares - non-statism is what is important. In fact man needs NO govt at all.
Ayn Rand was NOT a libertarian. I strongly urge you to learn the difference between Libertarianism and Ayn Rand's philosophy of Objectivism. It is not enough to prove the worth of capitalism pragmatically, you must understand WHY it is right. To discover the philosophic basis for individual rights, read Ayn Rand's works.
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when was he Not evil...
he expaned the money supply and caused most of the economical problems we are having right now
The Constitution, as fine as it was, was more a Hamiltonian minority mercantilist over-reaching secretive switch for the bait of the Declaration's freedoms it disserves.
Libertarian or objectivist, who cares - non-statism is what is important. In fact man needs NO govt at all.
'No Govt at all'
that is the final result of communism!!!
true!!!!!!!!
He defends gold as being the ONLY way to keep govt from running amuck!!! A people's freely chosen tool against statism.