lol@this cult. Austrian economics is a fantasy. I feel sorry for people who subscribe to the Peter Schiff and Ron Paul rhetoric.
Ron Paul: We Are All Austrians Now -
It seems to me that Ron Paul is like what Obama was last election. People are putting all their hope into him thinking he will fix everything within a short period of time and change everything around. I noticed a lot of young white people are on the RP boat this time after they voted for Obama last election.
I don't like him or his extreme christian beliefs.
Do you guys know anything about Ron Paul's history, and some of the ideologies he espouses and aligned himself with in the not so distant past? Remember to look past what someone says and try to grasp what the man behind the words is really like. I don't think you'll like what you see.
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"You don't 'cover' for me. You manage people's expectations."-- Don Draper
I use to side and be a supporter of candidates, but after reading and seeing things happen for the past few years... I'm not very happy with how things are at the moment. I feel like it doesn't matter what president we have next, congress will still rule and side with the upper class.
Ron Paul (Montegomery Burns) is A KOOK!
He has SOME (very few) good ideas...
So you listen.....
Then you start really listening to everything....
Then, your like....
Then you're mad and pissed off that you listened, because you thought he was sain....
He's LOONIE TOONS...
And black folk supporter I truly dont understand.
He will have us back in the JIM CROW DAYS if his policy matches his words.
I deduce his Black Supporters are just as loonie as he is.
I can see white supporters, because all he says benefit them as the majority in this country.
Real money is backed by something with real value, not debt.
What is in your wallet is currency - a Federal Reserve IOU note exchangeable for American dollars. In principle, you are supposed to be able to exchange that note for something called a dollar. Except the dollar doesn't exist. Even the lawful coin minted by Congress doesn't have the actual value of a dollar - there isn't a dollar's worth of metal in it.
So all your currency is debased, is backed by debt, and has no value beyond the value people believe it has for exchange of goods and services which DO have real value. Once people start doubting its value, watch how fast that house of cards comes down.
If it's any consolation, the whole planet is bankrupt and every country is playing the same game. It's the game of hot potato - whoever is left holding the most of the the other's worthless paper is the loser. That's why it's called currency - it needs to keep circulating because if it stops, then we're all fucked.
LAFF
ETA: If Ron Paul tries to implement even the teeniest tiniest reform to the country's monetary policy his term in office will be shorter than that other Paul - Pope John Paul I - who tried the same game with the Vatican. So rest easy folks - the PTB won't let Ron Paul anywhere near the White House.
this is a prime example of why he's losing in the polls,his spins on things is so left field nobody trusts him to even point people in the right direction,much less assume the highest office in the Nation.
cutting branches we dont need from the government benefit everyone his foreign policies benefit everyone the fact he wants to get rid of our countries debt benefit everyone so please knock it off with this racist shit
im not white but I did put a lot of faith in obama last election I really thought he was gonna make changes for the better but he didnt he spent a lot of money and didnt get anything done
sometimes I think people like voicing their opinions without doing any research. he has a lot of good solid ideas so please put his race aside (cause we all know thats the real problem) and actually give his ideas a chance. the dollar will collapse soon I want a man with a good plan that never flip flopped in office not some front man I get to blame when shit hits the fan
He's losing in the polls because he is telling the truth. If all you sheep woke up at the same time and realized how hard the FED and the ESTABLISHMENT is gang raping you in the ass, you would not care about some silly newsletters that he did not author. Black folk have been indoctrinated by their masters to an old ideology that does not work anymore. Thats' why stupid ****** like 50 cent and them be loading up on cash, the rich are diversifying their portfolio and leaving the funny money in groves....
Real money is backed by something with real value, not debt.
What is in your wallet is currency - a Federal Reserve IOU note exchangeable for American dollars. In principle, you are supposed to be able to exchange that note for something called a dollar. Except the dollar doesn't exist. Even the lawful coin minted by Congress doesn't have the actual value of a dollar - there isn't a dollar's worth of metal in it.
So all your currency is debased, is backed by debt, and has no value beyond the value people believe it has for exchange of goods and services which DO have real value. Once people start doubting its value, watch how fast that house of cards comes down.
If it's any consolation, the whole planet is bankrupt and every country is playing the same game. It's the game of hot potato - whoever is left holding the most of the the other's worthless paper is the loser. That's why it's called currency - it needs to keep circulating because if it stops, then we're all fucked.
LAFF
ETA: If Ron Paul tries to implement even the teeniest tiniest reform to the country's monetary policy his term in office will be shorter than that other Paul - Pope John Paul I - who tried the same game with the Vatican. So rest easy folks - the PTB won't let Ron Paul anywhere near the White House.
If gold is real money, why can't you buy anything with it?
Gold has no utility. Its value comes from what we deem it. Just like we do with money. Furthermore, a currency backed by gold is dangerous. Milton Freidman(libertarian favorite) blames the gold standard for the Great Depression. Having a fixed currency can cause deflation and dwindle economic growth. Leaving the gold standard was a form of liberation, which is ironic that libertarians are against it.
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