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Old 11-07-2007, 02:13 PM
Scary_Tiger Scary_Tiger is offline
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Join Date: Oct 2005
Posts: 8,590
Default Re: Ron Paul and the gold standard, explain his solution please

Basically, the dollar is and the Federal Reserve system is a mess and other currencies can't compete due to the laws of our country. He'd simply open currency to the free market, and see whether people would prefer a dollar backed by the threat of U.S. interventionism or another unit of currency backed by real substance or printed by an organization that doesn't inflate the currency at the government's will.
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