Ron Pauls economic solution? A Southern Secessionist.

[The Black Forrest]

Yes, it does.

What happens when you come across a person who says that the paper is 2 dollars?

Kick him in the nards and run.

[Wamitoria]

Or they don't mind paying a third of their income for wars that they never wanted.

Fixed

Ha. Good luck doing anything.

Or they don't mind paying a third of their income for services that they use on a daily basis.

Still waiting for a serious rebuttal.

[Wamitoria]

You sick the secret service on them.

Seriously, 10 American dollars printed by the US gov't will always be 10 American dollars.

The U.S government doesn't print U.S dollars.

The Department of the Treasury prints money, and they're part of the US gov't.

[Wamitoria]

Yes, it does.

Not internationally, because of these sucky times, gold is on the rise in value.

NO! 10 American Dollars is always worth 10 American Dollars!

[Zephie]

Not internationally, because of these sucky times, gold is on the rise in value.

NO! 10 American Dollars is always worth 10 American Dollars!

10 dollars is always worth 10 dollars but a dollar isn't always worth the same.

[Wamitoria]

NO! 10 American Dollars is always worth 10 American Dollars!

10 dollars is always worth 10 dollars but a dollar isn't always worth the same.

Which is what I was trying to get at.

[Lacadaemon]

The U.S government doesn't print U.S dollars.

Yes it does. Federal Reserve notes are printed by the US bureau of Engraving and Printing.

[Banold]

Yes, it does.

Actually, if our money were based on gold or silver then the unit of measurement would be objective and standard. Meaning the value of a dollar would be it's weight in gold, which is actually what the word dollar means.

Most commodities on Earth are subject to human whim and fancies. Gold is a rare mineral in that it has value based on it's very rarity and scarcity. It's value is based on the physical amount located here on planet Earth. Not whether it's shiny and pretty.

No human can increase the amount of physical Au lying around. It's literally physically aside from human emotions. That's why it's value is innate and intrinsic.

Damn regulations! How dare the government set standards for safe food, drugs and work environments.......

Yes, precisely. It's the government's job to govern. Not run someone's business for them.

If people aren't smart enough to be informed consumers of products, then shame on them. People have the right to be self determined and if they're uninformed then that's one's choice.

I choose everyday not to eat garbage which is labelled food. I don't put the poison of alcohol or recreational street drugs into my body. I should be the person who makes decisions about me. I surely don't desire to make decisions about you.

the government should take the same position on the economy as it does with religion here in the US, and that is: KEEP OUT.

[Zephie]

The U.S government doesn't print U.S dollars.

Yes it does. Federal Reserve notes are printed by the US bureau of Engraving and Printing.

Technically yes, but

Though the printing of money is physically done by the Department of the Treasury, that agency is told by the Federal Reserve how much to print.

http://en.wikipedia.org/wiki/Federal_Reserve_Note

[Banold]

Yes it does. Federal Reserve notes are printed by the US bureau of Engraving and Printing.

Actually the US Constitution of 1787 says the US Congress & Treasury are to print our currency.

Plus the Federal Reserve system is not of the US Federal Gov't. It doesn't answer to the people of the Republic. It's alien to the US Constitution. It's practices lead to inflation and ursury debt. Fractional Reserve banking is the antithesis of Capitalism and a truly free market.

[The Black Forrest]

Damn regulations! How dare the government set standards for safe food, drugs and work environments.......

Yes, precisely. It's the government's job to govern. Not run someone's business for them.

If people aren't smart enough to be informed consumers of products, then shame on them. People have the right to be self determined and if they're uninformed then that's one's choice.

I choose everyday not to eat garbage which is labelled food. I don't put the poison of alcohol or recreational street drugs into my body. I should be the person who makes decisions about me. I surely don't desire to make decisions about you.

the government should take the same position on the economy as it does with religion here in the US, and that is: KEEP OUT.

You still live at home right?

[The Corparation]

Trolls. At least the one guy is. Ron Paul might just be stupid.

[The Black Forrest]

Trolls. At least the one guy is. Ron Paul might just be stupid.

Naww. He is old so the mind is probably failing........

[Zephie]

Which is what I was trying to get at.

That's what I was pointing out. Gold is inherently more stable than non mineral backed currency because it can't be mass produced and it has an actual value besides what a government says it's worth.

That and what happened to the Germans wouldn't be able to happen to us. Economy collapses, fiat money is worth nothing.

[The Corparation]

Trolls. At least the one guy is. Ron Paul might just be stupid.

Naww. He is old so the mind is probably failing........

Seems to hit people earlier and earlier these days.

[Wamitoria]

That and what happened to the Germans wouldn't be able to happen to us. Economy collapses, fiat money is worth nothing.

Yes, Mineral money is inherently more stable.

Unless, of course, a larger amount of that mineral is present in one country over another...

[Zephie]

That and what happened to the Germans wouldn't be able to happen to us. Economy collapses, fiat money is worth nothing.

Yes, Mineral money is inherently more stable.

Yes, so you can say fake money caused WW2!

[Free Tristania]

There went my last bit of respect for Ron Paul.... straight out the window.

[Meryuma]

Because our money is fake. The economy is full of regulation, subsidies, manipulated markets, fractional reserve banking fraud, and taxes.

I hate all these things.

Damn regulations! How dare the government set standards for safe food, drugs and work environments.......

Since when are politicians good judges of those things?

Yes, precisely. It's the government's job to govern. Not run someone's business for them.

If people aren't smart enough to be informed consumers of products, then shame on them. People have the right to be self determined and if they're uninformed then that's one's choice.

I choose everyday not to eat garbage which is labelled food. I don't put the poison of alcohol or recreational street drugs into my body. I should be the person who makes decisions about me. I surely don't desire to make decisions about you.

the government should take the same position on the economy as it does with religion here in the US, and that is: KEEP OUT.

You still live at home right?

Wow, an ad hominem on NS?

[Lacadaemon]

Yes, Mineral money is inherently more stable.

Yes, so you can say fake money caused WW2!

Quite the opposite. Pissing and moaning about the gold standard and respective bullion balances had a lot more to do with the economic chaos and resulting "hitler time" than fiat currency. Montagu Norman's absurd obsession with restoring sterling to its pre-war gold standard (along with the connivance of Benjamin Strong) was a large part of the misery that was ultimately the 30s.

Also shit banking oversight.

[Zephie]

I just read the full article and it says nothing about Ron Paul believing in any secession or what not. This is just trying to tag him with something negative. Obviously it's working.

[The Black Forrest]

That and what happened to the Germans wouldn't be able to happen to us. Economy collapses, fiat money is worth nothing.

Yes, Mineral money is inherently more stable.

You mean like diamonds?

[The Black Forrest]

I just read the full article and it says nothing about Ron Paul believing in any secession or what not. This is just trying to tag him with something negative. Obviously it's working.

So what's the purpose of having that quack as a witness for the committee on monetary policy?

[Zephie]

I just read the full article and it says nothing about Ron Paul believing in any secession or what not. This is just trying to tag him with something negative. Obviously it's working.

So what's the purpose of having that quack as a witness for the committee on monetary policy?

You'd have to ask Paul. He probably liked something he had to say, but when his mouth opened just crap spat out and they tried to make it sound like it's what Paul believes in.

[Jari Head]

Both Paul and his son are idiots but I'm not sure which is the bigger idiot.
Mr. Paul Your argument is the metaphorical equivaliant of bovine waste products.