Quote from palenimbus:
I never said a Gold standard would not work.
My point is fiat currency best caters to the inherent tendency of wanting to consume more.
Besides a bunch of people on the fringe. It's agreed that inflation has stayed low in recent years despite rapidly expanding money supply. It is agreed that Americans in aggregate have never been richer, lived longer and have never worked less. So what is the problem that Ron Paul is supposed to solve?
Why is there such a strong grassroots support for RP? In my opinion, there are no real pressing problems facing americans, the iraq war has no direct financial consequences and excuse my callousness but the human cost of the war is low as well, not enough to have a direct impact on the everyday person. I think that support for RP in a product of peoples fantasies of gaining more control over the government, wanting to feel special but not actually accomplish anything. RP feeds that.
unreal... PEOPLE PUT THE CRACKPIPES DOWN!!! no real pressing problems? ummm.... the dollar is crashing and you believe the pundits that keep lying about no inflation? dont buy into this ex-core propaganda. we are having very significant inflation NOW. do you even drive?
iraq has no financial consequences? so spiraling deficits are no longer important in this NEW ECONOMY huh? lmaooooooooo ok,.. i have heard it all now. go to your neocon republican convention and yuck it up with all the bush lovers.