Here’s Ron’s comment on money from his latest message on the Nevada caucuses:
“Nevada, by the way, is known as the Silver State for a reason-its great mining industry produced the precious metal for the beautiful silver dollars minted at the fabled Carson City mint. These constitutional coins contain .775 ounces of silver, in accord with the Coinage Act of 1792. Today these coins, worth $1 in my father’s day, have about $14 in silver. That is, the dollar is worth 1/14th of what it was, thanks to the counterfeiting Federal Reserve.
“The Fed has again taken our country into a terrible crisis. Who else is talking about honest money that cannot be printed up at will by DC bureaucrats? My opponents in both parties are all some variety of print-and-spend Keynesians. Only we are telling the truth, about who is to blame for this recession, and how we can build real prosperity with sound money, no IRS, no deficit, and strict obedience to the Constitution. And, of course, no hyper-expensive, hyper-dangerous empire all around the globe.”
8:41 am on January 21, 2008
