[DannyTN]

Cruz want s us to go back to the gold standard for currency. Can you imagine your dollars purchasing value jumping around like gold? Down 20% one year up 20% the next subject to speculators like Soros? No thanks. Cruz is incompetent when it comes to the economy.

[The Truth Will Make You Free]

I think his basic thought is that dollars should be backed by an asset instead of being an instrustment of debt (note) which is continually losing value through inflation.

BTW, the common definition of inflation is "an increase in prices". However, that's not the traditional definition. I went back to my high school dictionary which defines inflation as "an increase in the money supply which leads to an increase in prices". That's vastly different. The increase in money supply has already happened. It's only a matter of time before prices increase. I'd suggest reading Richard Maybury's books, website, or Early Warning Report. To think that politicians and bankers can be trusted with the economy is trusting in shifting sand.

[expat_panama]

Cruz want s us to go back to the gold standard for currency

So they say.  They also say Cruz wants to close the Internal Revenue Service so we won't have any more internal revenue for the U.S. gov't.   Of course we don't even want to talk about what "they" say that Trump says...

[Rusty0604]

Your reference to price volatility is based on price in dollars, not gold. Think about how foolish your statement is before you call Cruz incompetent.

[mad_as_he$$]

Well he is a lawyer.

[i_robot73]

Yes, how *horrible* it would be to return to Constitutional limits instead of the fiat currency they can just print/create from nothing.

I mean, look how STABLE the Fed. Reserve has made the $$ /s