[nopardons]

Ron Paul is a RINO; he's really just a Libertarian, who couldn't get elected to anything, so decided to run under the auspices of the GOP. And he doesn't "understand" much of anything; least of all BLACK MONDAY and what led up to it and its aftermath.

FYI...the week before BLACK MONDAY, the markets fell and made a rebound. Then Monday hit and while the markets all went down, none of them "collapsed", as he stated. And it took no time at all for the markets to bounce back.

Trust me, when it comes to this topic, I know far more about it than you, Paul, and probably the majority of FREEPERS and lurkers.

And SALT is the oldest and longest lasting commodity that has backed currencies; heck, it was used as currency and trusted more, when metal coinage could be and was so easily debased.

"Fiat money" is a ridiculous term and only used by boobs.

[Roberts]

I used the term "fiat currencies", not "fiat money". What makes "fiat currency" a ridiculous term?

[Jim Verdolini]

""Fiat money" is a ridiculous term and only used by boobs."

Weinmar Germany is an example of a government simply printing paper (I refuse to call it money) and lets not forget Soviet Rubles, semi worthless except to the drones in the Soviet Union.

paper money is only of value if the people believe it is.

Gold and silver always have value. paper is paper.

[LK44-40]

Trust me, when it comes to this topic, I know far more about it than you, Paul, and probably the majority of FREEPERS and lurkers.

Well, I'm impressed :-O

[hubbubhubbub]

"And SALT is the oldest and longest lasting commodity"

Ever poor water on salt. Dissolves doesn't it. Your ignorance is astounding.