For 6,000 Years: Gold Is Always Money
Paper always fails. Ron Paul on currency wars
by Ron Paul: Beware
the Consequences of Pre-Emptive War
Ron Paul spoke
with Bloomberg and said that we are in a currency war and we have
been for decades. He noted that governments have always competed
against each others' currencies even under Bretton Woods. It has
always been a form or protectionism and will make people want to
On the next
U.S. Treasury Secretary, Jack Lew, Paul says, We don't need
an intervener. He should have a strong dollar policy by defining
it, and not by propping up the market. Don't devalue a currency.
It is then that you hurt savers and cost of living goes up. This
only damages the middle class and the poor no matter what welfare
programs you have because they lose purchasing power.
Ron Paul says for over 6000 years of history gold is always money
and paper money fails. (7:10)
the Ron Paul File
Paul was a Republican member of Congress from Texas.
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