Showing posts with label Ron Paul. Show all posts
Showing posts with label Ron Paul. Show all posts
Saturday, September 16, 2017
Wednesday, June 21, 2017
Tuesday, April 11, 2017
Saturday, March 11, 2017
Saturday, February 25, 2017
Alan Greenspan in Testimony with Ron Paul about Gold
Ron Paul: Gold essentially has been demonetized and it’s proceeding—even
the Swiss now are talking about selling half of their gold. And if this
is the case, would you advise that we should seriously think now about
getting rid of our gold, getting rid of it out of the IMF, get rid of it
out of our Treasury? Why hold it if we demonetized it? Milton Friedman
would agree with this, and he’s pretty good at monetary policy.
Alan Greenspan: I agree with virtually everything Milton Friedman usually says. This is one of the few times I don’t.
Ron Paul:Why do we need it?
Alan Greenspan: Well, it’s a very interesting issue. This issue, incidentally, was debated in the United States in 1976, and the conclusion was that we should hold our gold. And the reason is that gold still represents the ultimate form of payment in the world. It’s interesting that Germany in 1944 could buy materials during the war only with gold. Fiat money paper in extremis is accepted by nobody, and gold is always accepted and is the ultimate means of payment and is perceived to be an element of stability in the currency and in the ultimate value of the currency.
And that historically has always been the reason why governments hold gold.
Alan Greenspan: I agree with virtually everything Milton Friedman usually says. This is one of the few times I don’t.
Ron Paul:Why do we need it?
Alan Greenspan: Well, it’s a very interesting issue. This issue, incidentally, was debated in the United States in 1976, and the conclusion was that we should hold our gold. And the reason is that gold still represents the ultimate form of payment in the world. It’s interesting that Germany in 1944 could buy materials during the war only with gold. Fiat money paper in extremis is accepted by nobody, and gold is always accepted and is the ultimate means of payment and is perceived to be an element of stability in the currency and in the ultimate value of the currency.
And that historically has always been the reason why governments hold gold.
Labels:
Alan Greenspan,
gold,
Ron Paul
Tuesday, February 21, 2017
Saturday, April 16, 2016
Saturday, August 1, 2015
Saturday, January 10, 2015
Friday, November 7, 2014
Ron Paul: 2-party US political system in reality a monopoly
http://rt.com/usa/202295-ron-paul-midterm-elections/
“What do they do with our young people? They send them all around the world, getting involved in wars and telling them they have to have democratic elections,” he told RT. “But here at home, we don’t have true Democracy. We have a monopoly of ideas that is controlled by the leaders of two parties. And they call it two parties, but it’s really one philosophy.”
Labels:
2-party,
democracy,
Monopoly,
Ron Paul,
US Political System
Thursday, August 14, 2014
Friday, July 4, 2014
Monday, May 19, 2014
Tuesday, April 8, 2014
Timing the Collapse: Ron Paul Says Watch the Petrodollar
http://www.internationalman.com/articles/timing-the-collapse-ron-paul-says-watch-the-petrodollar
"The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros. The sooner the better." ~ Ron Paul
Labels:
Ron Paul,
Timing the Collapse,
Watch the Petrodollar
Tuesday, March 18, 2014
Tuesday, February 18, 2014
Monday, February 10, 2014
Sunday, September 15, 2013
Friday, September 13, 2013
Friday, August 30, 2013
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