This page has been archived and commenting is disabled.

Ron Paul Explains His Plan For "Monetary Freedom" And Returning To The Gold Standard

Tyler Durden's picture




 

Ron Paul lays it out: "We know what to do - we did it once after the Civil War period, we went from a paper standard back to the gold standard, and the event wasn't that dramatic. But today the big problem is that both the conservatives and liberals have an big apetite for big government for different reasons, therefore they need the Fed to tie them over and monetize the debt. So if you don't get rid of that appetite it's going to be more difficult, but the transition isn't that difficult. You have to get your house in order; you have to balance the budget, you have to not run up debt, and you have to promise not to print any more money... I would like to have a transition period and just legalize gold money, gold and silver as legal tender, and work our way back... We want to legalize the use of gold and silver as the constitution dictates, rather than punishing the people who try to do that... I am quite convinced that the system we have will not be maintained - that's what these last 4 years was all about, and that's what the turmoil in Europe is all about. The question is are they going to move toward a constitutional form of money. or are we going to go another step further into international money - instead of having an international gold standard based on the market, are we going to go toward a UN, IMF standard where they are going to control with the use of force another fiat standard. I consider that a very, very dangerous move." And precisely due to that piece of phenomenal insight which nobody else in the GOP or Democratic roster is even parsecs away from grasping, is why Paul can never be allowed to be elected, why he must be mocked and ridiculed by a co-opted ADHD media which focuses on how many mistresses some other idiotic presidential candidates has, instead of focusing on the one person who grasps the big picture: the status quo can not be held accountable to a political leader who understand not only how the system is rigged, but why it is broken to begin with and that there actually is a way out. However, to the "status quo's" chagrin, one that involves the wiping out of generations of plundered middle class wealth to keep the richest denizens of 'extremistan' ever richer.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 11/29/2011 - 11:22 | 1925448 pineyard
pineyard's picture

To Messiures  Goldbrick AKAK n skak.. You obviously dont get laid too much.. You must be POOR! Thats a sure conclusion. Bsides You dont have PHANTASY,VISIONS and IDEALS .. Thats also ..POOR. So You are POOR .. and will become POORER .. quite easy ..to foretell .. based on a rating and psychological analysis of Your comments . I have Ideals .. and may appear to be NAIVE ... so be it  ..!  im fine with that..if You think so.. But I get laid ... more than I can manage .. cause im NOT POOR ... :)   ! Buggers !

Tue, 11/29/2011 - 11:45 | 1925596 pineyard
pineyard's picture

And regarding the discrepancy between all the FICTIONAL DERIVATIVE MONEY cycling around the WORLD and the CURRENCY in real circulation ... WHO CARES ? Well the spindoctors from the BANKS and FINANCIAL ENTITIES ..ofc .. THEY care .. BUT do we.. normnal people care ?

NO..  !

Let the SHARKS  simmer in their own FAT !

We care about that the salary we recieve and the SAVINGS we do at sacrifice ,   has VALUE and SUBSTANCE .. so we can pay our BILLS and PLAN for the FUTURE. That ..just takes ONE THING .. and that is SOUND MONEY .. which keeps the value we recieved it as .

NOTHING else ! 

Tue, 11/29/2011 - 12:53 | 1925918 tony bonn
tony bonn's picture

god almighty how i love me some ron paul

Tue, 11/29/2011 - 18:29 | 1927744 TheDuke
TheDuke's picture

"The First World War destroyed the lives of tens of thousands & bankrupted the nation".

That's not the point. The point is that the Commonwealth of Australia was able to fund a massive war effort without borrowing money - and being stuck with all the debt post-war.

Tue, 11/29/2011 - 23:50 | 1928546 pel
pel's picture

Whether or not Ron Paul's is a viable candidates (I do not see why not but this is besides the point), the significance of his speeches and publications for educating public on the nature of money and importance of public's control on the government's money-related policies and regulations is impossible to overestimate. Who would think even 30 years ago that any significant number of people would be interested in these issues? Ron Paul wakes up and educates people. From there on, it's up to the people to think or not to think, decide on their own future or leave it up to their gentle and caring Government. The choice is ours.

Do NOT follow this link or you will be banned from the site!