Ron Paul Gold Standard

Ultimately though greenspan claims that central bank policy can be employed to largely imitate a gold standard.

Ron paul gold standard. Former united states representative r tx position. 1 2 sep 8 2020. Pro to the question should the united states return to a gold standard reasoning. Back then republicans at least made noises about favoring a gold standard based on a gold dollar.

Ron paul s team was ready however with this marvelous minority report. Ron and rand paul s personal gold holdings according to the center for responsive politics both ron and rand are fans of holding gold as an investment. The federal reserve has been managing the economy through monetary manipulation causing malinvestment and the over accumulation of debt said former congressman ron paul. He speaks on.

It is divisible portable recognizable and most importantly scarce. Why is gold good money. April 23 bloomberg ron paul former congressman from texas discusses his views on gold central banks and the weakened republican party. The majority was dominated by monetarists who saw gold as too scarce and paper as just fine.

We had some interesting discussions. See related links to what you are looking for. Because it possesses all the monetary properties that the market demands. Ron couldn t pick the members so from the beginning the deck was stacked.

When i was chair of the federal reserve i used to testify before us congressman ron paul who was a very strong advocate of gold.