Tuesday, January 31, 2012

A Ron Paul Dollar?
Ron Paul (MAA) explains why the U.S. dollar needs to be backed by gold .. "if we had a gold standard, government couldn't spend", referring to out of control government spending & its impact on the economy .. explains that with a gold standard, interest rates would be able to go much higher, because borrowing costs would go higher. This would encourage people to save money for investment & for building a strong, long-term economy .. 7 minutes

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