Wednesday, January 2, 2008

Ron Paul: For a One-World Currency?

In this informal interview Ron Paul seems to promote not only adoption of a gold-backed currency for the U.S., but a one-world gold-backed currency (at approximately 3:08 in the video). I wonder who he figures will issue this one-world currency, if I understand him correctly:


rev'd up said...

Dr. Paul is mistaken that gold and silver are NOT legal tender in the USA. A $20 St. Gaudens is still worth $20. Take it to any bank and they will be happy to trade it for a $20 FRN (US mint gold, silver and copper coins are still legal tender worth their face value).

The only thing gold is good for (it has very little industrial use) is for the ornamenting of holy hardware.

Turn all of the gold in the world into chalices, patens, monstrances, etc. for use in the worship of Almighty God. Gold is metal fit only for the King of Kings--it's lustre never tarnishes.

Maurice is right on, let the government issue fiat currency. There is no direct mechanism for removing the Jewish Federal Reserve board or the Jewish gold-smiths. If politicians mishandle things be they Jew or Gentile, theoretically we can remove them.

Anonymous said...

Bill Still who made the Money Masters said that GOLD IS NOT THE ANSWER:

Even in the Money Masters video, Mr. Still says don't return to the Gold Standard.

As a Ron Paul supporter I agree with Bill Still rather than a return to the Gold Standard. What Ron Paul needs though is good paleo-Conservatives to get to him to ward off this return.

Ron Paul is still the best choice though IMHO and at least he won't use the US Military to fight Israel's wars.

Robert said...

Statement Introducing the Free Competition in Currency Act

13 December 2007

Rep. Ron Paul, M.D.

Madame Speaker, I rise to introduce the Free Competition in Currency Act. This act would eliminate two sections of US Code that, although ostensibly intended to punish counterfeiters, have instead been used by the government to shut down private mints. As anti-counterfeiting measures, these sections are superfluous, as 18 USC 485, 490, and 491 already grant sufficient authority to punish counterfeiters.

The two sections this bill repeals, 18 USC 486 and 489, are so broadly written as to effectively restrict any form of private coinage from competing with the products of the United States Mint. Allowing such statutes to remain in force as a catch-all provision merely encourages prosecutorial abuse. One particular egregious recent example is that of the Liberty Dollar, in which federal agents seized millions of dollars worth of private currency held by a private mint on behalf of thousands of people across the country. -snip-

Antiglobalism said...

A good idea here is to base a currency on the actual work output, like a certain dictator did in Germany before WWII, saving a country from depression.

The actual problem is really globalism: