Monday, January 11, 2010

Ron Paul on auditing the Fed

http://www.forbes.com/2010/01/07/gold-standard-fed-audit-intelligent-investing-ron-paul.html

So, we should never be afraid of competition. If gold is not good money, then nobody will deal with it. But I'm on the side of history with this one because paper money has never worked. It eventually goes to zero and people quit using it. But gold has survived for many, many centuries.

- Ron Paul, 1/8/10 Forbes interview

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