Ron Pauls Speech @ CPAC

[Digging4Truth]

Part 1

http://www.youtube.com/watch?v=X_aZn6wqAdQ

Part 2

http://www.youtube.com/watch?v=XGeR-ocMwfU

Part 3

http://www.youtube.com/watch?v=-9s937F9IWY

[Ferd]

got thru 20 minutes of it.

I dont get RP.


someone needs to explain to me how a gold standard monitary system works when your economy grows to a size that outstrips your supply of gold.

[coadie]

Ron paul is from the austrian school of economics. It was trashed 75-100 years ago. It never has been tried and really wouldn't fit a modern industrial or technological world if we did test it.

He would need to learn a lot. Even obama gets bad economic info and advice.

[Digging4Truth]

Originally Posted by Ferd

got thru 20 minutes of it.

I dont get RP.


someone needs to explain to me how a gold standard monitary system works when your economy grows to a size that outstrips your supply of gold.

First... the constitution only allows for that type of monetary system. Anything else is unconstitutional. Of course... that doesn't matter. It is only a piece of paper.

Second... our current pretend economy has outgrown the supply of gold, silver, platinum, pickles, oranges, printer ink and reality.

The crash we will experience soon will be the result of that.

You'll never see it... but at least I won't have to pay you $50.

[Digging4Truth]

Originally Posted by coadie

Ron paul is from the austrian school of economics. It was trashed 75-100 years ago. It never has been tried and really wouldn't fit a modern industrial or technological world if we did test it.

He would need to learn a lot. Even obama gets bad economic info and advice.

Yeah... 96 years ago to be exact.

In the dead of night.

While most of the politicians had gone home for Christmas break.


The failure of that experiment is nigh upon us.

Buckle up for the ride.

[Ferd]

Originally Posted by Digging4Truth

First... the constitution only allows for that type of monetary system. Anything else is unconstitutional. Of course... that doesn't matter. It is only a piece of paper.

Second... our current pretend economy has outgrown the supply of gold, silver, platinum, pickles, oranges, printer ink and reality.

The crash we will experience soon will be the result of that.

You'll never see it... but at least I won't have to pay you $50.

2 points....

first the problem with a fiat system isnt when the economy grows but when it contracts, prints more money than it should and ends in rampant inflation (we could see that I dont deny it)

second, you still havent explained what happens in a growing economy when your system outgrows the supply of gold.

Bro, I am not looking for a fight. Just simple straight forward answers from someone who is a proponent of the system....


and you may not owe me that 50 bucks next year for sure, but I still dont think the reasons you wont owe me the money are the reasons you believe....


hee hee.