How astonishing to see that some economic pundits are actually acknowledging the fact that our paper money used to be convertible to gold and silver. This interview of Ron Paul is even more amazing because it ends with an overt recognition that the current Federal Reserve System is unconstitutional.
The collapse of paper money backed by nothing is inevitable. Does it have to end in chaos and calamity? Not really. But only if we end the legal tender laws that mandate economic interaction with private fiat money subject to unchecked inflation.
Support HR 2755.
Showing posts with label Fox Business Channel. Show all posts
Showing posts with label Fox Business Channel. Show all posts
Saturday, January 31, 2009
"Paper for Gold or Silver?" Ron Paul Interviewed on FOX Business Channel
Saturday, January 17, 2009
Spending Your Way to an Economic Dead-End; Ron Paul Talking Monetary Sense
Here is Ron Paul being interviewed by Neil Cavuto on the Fox Business Channel:
The sinister plan of the Federal Reserve can't work, but that does not seem to stop them from papering the entire planet with fiat money backed by nothing. The "government" has not the ability to determine that which is the best solution for the problem "it" has caused.
Quote of the Youtube:
"Obama is confused."
Subscribe to:
Posts (Atom)