Greenspan supports Goldstandard on Fox Business
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Does anyone know when this interview was taken?
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We must end the FED, the ECB and the IMF... But gold is not the solution. Gold is not evenly distributed, and it's in the hand of the few. Gold standard caused famine and deep depression 100 years ago due to its scarcity. Now there are 7000 million people (3 times more). Going back to gold standard would mean that only gold hoarders would control wealth. (Pretty NWO). Greenbacks issued by a real american government instead of current toilet paper printed by banksters are the real solution.
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I'd propose a system where all banks are private & them accepting Gold-Certificates from Treasury worth 1gram, 5gram, 0.5gram etc for depositing gold with Treasury & in turn GCs will become US currency thru banks; people'll use both gold & GCs as universal media-of-exchange; at withdrawl banks will turn in GCs to Treasury for gold at depositors' behest; all the gold with Treasury will be stored at centralized location & "suspension of specie" by banks should be unconstitutional
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Beware though, these banksters would want us to go back to the old gold-standard which was NOT a real gold-standard because central banks & governements could "fix" the price of dollars in terms of gold, & that was bad bad system & Ron Paul does NOT want to go back to that
A REAL gold-standard is based on what's called "money certificates", there's no price-fixing involved here by central banks or government & that's what we need.
REAL gold-standard would be something like this[Continued}
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Please listen to youtube vid of Prez John F. Kennedy + listen to every word, He states in plain English, the CIA + the Fed.Reserve must go, guess what Our good prez went-DEAD as a door nail. +Jacque his dear wife had to take the truth to her grave that a person right in their car shot her husband +she tried to jump out of the car + she was pulled back into it.< Ike Eisenhower said in his out going speach, the MIc Military Industrial Complex if not transparent will take our Freedoms NOW TRUTH
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Greenspan, Ben Shalom Bernake and rest of them snakes are the continuation of evil money changers from 2000 years ago. WAKE UP AMERICA.
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He was arguing this during the 60s
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LOL, after you leave office you mention this. LOL unbelievable!
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Why couldn't he have argued this for the nearly two decades he was Chairman? Real courageous move here./sarcasm
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Gold, silver, as long it is backed something people agree upon kill the central bankers...I think the sinister reason is to control population growth. RON PAUL 2008!
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value." - Alan Greenspan, 1967
usagold(dot)com/gildedopinion/greenspan.html
762ForFreedom 4 years ago 6
If Alan would endorse Dr. Paul I could almost forgive him.
762ForFreedom 4 years ago 5