Ron Paul in 1983 getting on their ass as usual about destroying our economy, currency and country - why, how and what was going to happen - and that at some point something has to be used that has real value and not this fiat paper money which is now nothing more than the ink and paper that it is printed on, and the only reason it has worked this long is because at one time it *did* have gold backing which created *confidence* which the dollar has been "coasting" on since, but is of course gradually losing it's momentum originally produced by the gold backing, losing confidence because of the removal of gold backing, which will at some point become *worthless* and that real commodities like gold, silver, CIGARETTES, coffee, herds, cattle, flocks, land, wheat, corn, beans, honey and oil will need to be used for money or as backing for MONEY again!!!
SOME kind of backing and abolish this credit and debt-based currency and economy based on the "flexible currency" introduced when backing was abolished.
It must again be based on PROPERTY and not just ink and paper.
(78 votos)
Autor: vudumojoDescripcion: Ron Paul in 1983 getting on their ass as usual about destroying our economy, currency and country - why, how and what was going to happen - and that at some point something has to be used that has real value and not this fiat paper money which is now nothing more than the ink and paper that it is printed on, and the only reason it has worked this l...
Duración: 3 Min 10 Seg
Visto: 19907 veces
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Añadido: 10 de Octubre de 2008
Categoría: News & Politics
Video provisto por: YouTube
