Hey, that’s no fair. I want to use cowry shells ~ there’re these big limestone wheels too ~ with a hole in the center.
We all print money most every day.
Checks are really just substitutes for paper money that is a substitute for precious metals............
Pray for Dr. Paul’s safety.
This is a hundred times worse than calling for your Mafia owned garbage hauler to have competition.
Dr. Paul is dead on to any American that is awake to what is happening to our Republic.
Better yet just get rid of the legal tender laws and let nature take its course. If the money is good (ie. specie) then you don't need a law forcing banks and merchants to accept it.
A question-
How much new money has been printed, in a graph versus time, over the last several years? Is this info available anywhere?
A comparison with a graph of the price of gold or silver would be illuminating.
I am not a Ron Paul fan but I like him on this. The Federal Reserve is merely the largest bankster operation that does the bidding of the banksters and Wall Streeters such as Goldman, JPM, Citi, etc etc
Major banks own stock in the Fed and get a yearly 6% dividend on it. The Fed is a private bank at the beck and call of its member banks. The “public” nature of the Fed is this:
1- They do rebate most profits (50 billion yearly) to the US Treasury after retaining ~4 billion to fund operations and pay super lavish salaries to employees
2- The President appoints the head of the Federal Reserve in DC
3- The NY Fed is extremely important and almost equal to the Central Fed in DC. The people who run the NY Fed are all hand picked by the NY Fed’s member banks. No public input here! Just us NY banksters
4— more on the NY Fed. Please note that Timothy Guithner was head of the NY Fed. http://en.wikipedia.org/wiki/Federal_Reserve_Bank_of_New_York
What’s he going to tell us next: water is wet, bears do their business in the woods?
I am reading this now. The author makes a good case that it is indeed a cartel and was intended as such from its initial conception. Btw, I'm sure Ron Paul is familiar with this book.
Ron Paul would rather go back to the Gold standard where China as the largest gold producer will be determining our money supply growth.
The Federal Reserve IS 100% owned by big, private New York banks. It IS a cartel. He is RIGHT. But, most Americans are NOT aware that private currency IS legal in America - you just can’t counterfeit the US currency.
Paul is a clown and a moron.
EVERYONE who takes even a cursory look at the Federal Reserve know what it is and how it functions.
http://www.mint.com/blog/finance-core/a-visual-guide-to-the-federal-reserve/
I can’t take this clown seriously anymore after his vote in support of homosexualizing the military. He is loathsome.