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Keyword: goldstandard

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  • On ‘Demand Side’ Economics: Why Spending Cannot Improve the Economy but Freedom Can

    09/13/2010 6:00:30 PM PDT · by Rebam98 · 9 replies ^ | 9/12/2010 | Amber Pawlik
    Quotes from On ‘Demand Side’ Economics The average person works and accumulates savings over 40 years in order to retire. From the time they start to the time they finish, assuming only 2% inflation per year, prices will have risen by 221%. Keynes gets the problem of economics completely backwards. The problem of economics is unlimited demand with limited supply. The implicit argument of Keynes is that the problem of economics is limited demand with unlimited supply. Politicians want to have their money and spend it too. Of course, it makes sense for the Federal Reserve to define their purpose...
  • Even Hillary agrees! Economics 101: Step 1

    09/13/2010 1:01:25 PM PDT · by USALiberty · 14 replies
    WorldNet Daily ^ | September 13, 2010 | Chuck Norris
    If Secretary of State Hillary Clinton warned last week that our rising national debt "poses a national security threat," should President Obama or any in his administration be suggesting any economic plan that increases it in any way? At last week's Council on Foreign Relations, or CFR, meeting, Secretary of State Clinton was supposed to be espousing "a new American moment" and boosting U.S. global leadership around the world, but she ended up dropping the country further in the tank (the debt tank that is), during an off-script Q&A time after her 45-minute speech.
  • The U.S. Will Go Back To The Gold Standard (If history is any indicator, it will happen by 2013)

    09/11/2010 1:36:21 PM PDT · by SeekAndFind · 167 replies
    Forbes ^ | 09/10/2010 | John Tamny
    French economist Jacques Rueff once said "Tomorrow, to save man, we will give him a real currency." For a world that has suffered nearly 40 years of economy-retarding currency instability, that tomorrow is very near. If history is any kind of indicator, by 2013 we'll return to money defined in terms of something real. No currency in history has lasted longer than 42 years after its intrinsic backing has been abandoned, and it was 39 years ago that President Nixon severed the dollar's link to gold. Over the ensuing decades the U.S. economy alone has suffered three dollar-driven oil "shocks,"...
  • What Bernanke doesn’t understand about deflation

    09/06/2010 8:44:36 PM PDT · by DeaconBenjamin · 11 replies
    Steve Keen's Debtwatch ^ | August 29th, 2010 | by Steve Keen
    Bernanke’s recent Jackson Hole speech didn’t contain one reference to the key force driving the American economy right now: private sector deleveraging (here’s the previous year’s speech for comparison’s sake). The reason the US economy is not recovering from this crisis is because all sectors of American society took on too much debt during the false boom of the last two decades, and they are now busily getting themselves out of debt any way they can. Debt reduction is now the real story of the American economy, just as real story behind the apparent free lunch of the last two...
  • Part 3 - Capitalist Myths - Work for a Boss or Starve?

    08/14/2010 11:01:46 PM PDT · by citizenredstater9271 · 2 replies
    Youtube ^ | Austrolibertarian
    Debunks socialist myth of "wage slavery".
  • Unemployment compensation-- the new early retirement & 3rd rail of American politics

    08/14/2010 9:08:25 PM PDT · by citizenredstater9271 · 10 replies
    Youtube ^ | Peter Schiff
    Peter Schiff explains unemployment

    08/12/2010 2:54:39 PM PDT · by American Dream 246 · 25 replies
    APNews - DRUDGE ^ | 8/12/10 | MARCY GORDON
    WASHINGTON (AP) - The $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries' financial rescue plans did on the U.S., according to a new report from a congressional watchdog. Billions of dollars in U.S. rescue funds wound up in big banks in France, Germany and other nations. That was probably inevitable because of the structure of the Treasury Department's program, the Congressional Oversight Panel says in a new report issued Thursday. The U.S. program aimed to stabilize the financial system by injecting money into as many banks...
  • What are the Benefits of Closing the Federal Reserve?

    08/11/2010 5:08:14 PM PDT · by citizenredstater9271 · 14 replies
    Youtube ^ | August 11, 2010 | Raisingdemocracy
    After the Fed is dead our private property will be better protected from the easy money, scarce money mortgage rip offs that private bankers have used for generations to swindle away the farms, homes, and businesses that we and our ancestors have worked so hard to acquire. With the Fed dead and gone every family will be better able to establish a hearth and home from which family stability, security, and prosperity can grow from generation to generation. With the Fed dead we can use our common money system to begin building new roads to prosperity. When individuals and families...
  • Ron Paul: if spending were solution, there'd be no problem

    08/10/2010 3:10:21 PM PDT · by citizenredstater9271 · 14 replies
    Youtube ^ | August 10, 2010 | RidleyReport
    Ron Paul shows why gov. spending is the worst way to avoid financial crisis. He shows why America needs to end the fed and go back to gold and silver if we want to survive.
  • Romney: 'Federal Reserve is audited'

    08/05/2010 7:29:59 PM PDT · by citizenredstater9271 · 17 replies
    Youtube ^ | August 5, 2010 | RidleyReport
    Mitt Romney's visit to New Hampshire triggers questions about his stance regarding the Federal Reserve. This is partial raw tape; more vid to follow.
  • The State as Cop-out for free marketers and communists?

    08/01/2010 12:37:01 AM PDT · by citizenredstater9271 · 3 replies · 2+ views
    Youtube ^ | July 31, 2010 | fringeelements
    If you want to know how the bureaucracy works this video is for you. We should be discussing the contents of this video. No it's not another Ron Paul video but it does bring up unknown facts about the FED.
  • Hyperflation Nation part 2 of 3

    08/01/2010 1:43:54 AM PDT · by citizenredstater9271 · 7 replies · 2+ views
    Youtube ^ | RONPAUL2012PRESIDENT
    This video provides shocking details about the future of America's economy. It's a MUST WATCH.
  • Ron Paul: Media "Amen corner" poo poos gold

    07/24/2010 2:21:26 PM PDT · by citizenredstater9271 · 48 replies · 1+ views
    Youtube ^ | July 24, 2010 | RidleyReport
    Ron Paul explains why we need to put our money in gold and how we can do that as America slowly drifts towards socialism. I'm fully aware I can't change any one's mind about Dr. Paul on FR but please listen to this video you might agree with some of what he says.
  • Economic history repeating itself

    07/21/2010 11:06:45 AM PDT · by horsappl · 8 replies
    Inflation Fears Grow After Fed Prints $1.2 Trillion Amendment Slipped Into Health Care Legislation Would Track, Tax Coin and Bullion Transactions Flashback: The Gold Confiscation Of April 5, 1933 On June 5, 1933, the United States went off the gold standard Tracking wealth allows its confiscation, by means of taxation. Taxation is a disincentive to own property, and create wealth. Marxists create economic distress. If history provides evidence of failed solutions, repeating those solutions must be intended to bring about failure.
  • A Non-Cranky Defense of the Gold Standard (Why we need to return to it)

    05/25/2010 7:17:02 AM PDT · by SeekAndFind · 16 replies · 346+ views
    National Review ^ | 05/25/2010 | Avik Roy
    In today’s New York Times, Ross Douthat takes on Rand Paul and paleoconservatism on the Civil Rights Act and other issues. “Like many groups that find themselves in intellectually uncharted territory,” writes Douthat, “they have trouble distinguishing between ideas that deserve a wider hearing and ideas that are crankish or worse. (Hence Ron Paul’s obsession with the gold standard and his son’s weakness for conspiracy theories.)” Douthat is being a bit unfair here. Paleoconservatism isn’t intellectually uncharted territory; whatever its faults or merits, its acolytes built the philosophical foundations of Cold War conservatism. But I don’t want to digress into...
  • Banking and Currency and The Money Trust

    05/18/2010 9:51:14 AM PDT · by altair · 8 replies · 352+ views
    Yarmaguchy Incorporated, Yarmulka Inc. ^ | Summer 1913 | Charles A. Lindbergh
    The market prices of commodities vary from day to day and often several times a day. This occurs when there is no radical difference in the proportion of the supply and the natural demand. This fact is conclusive proof that our system is controlled by manipulators and fundamentally wrong. I have sought to elucidate this problem within this volume and have suggested a plan which, if adopted, would make the people the master of the world, instead of the present master—THE MONEY TRUST.
  • What Is American Corporatism? (Ron Paul Is Actually Correct: Obama Is A Corporatist

    04/15/2010 6:52:37 AM PDT · by Laissez-faire capitalist · 91 replies · 1,315+ views
    Front Page Magazine ^ | 9/13/2002 | Robert Locke
    What is corporatism? In a (somewhat inaccurate) phrase, socialism for the bourgeois. It has the outward form of capitalism in that it preserves private ownership & private management but with a crucial difference: as under socialism, government guarantees the flow of material goods which under true capitalism it does not. In classical capitalism...government's role in the economy is simply to prevent force or fraud from disrupting the autonomous operation of the free market...Under corporatism, it is not, instead being systematically manipulated to deliver goods to political constituencies... Unlike socialism, corporatism understands that direct government ownership of the means of production...
  • After the collectivist winter, will come the spring

    01/02/2010 4:34:29 PM PST · by Tolerance Sucks Rocks · 8 replies · 692+ views
    Vin Suprynowicz ^ | January 2, 2010 | Vin Suprynowicz
    And so the solstice passes and a new year dawns, leaving “newsmen” everywhere with a dearth of “news” to report (since the government bureaus close down, issuing no new edicts for the “newsmen” to interpret and praise, which should give you some indication of what really passes for “news,” these days.) Traditionally, those in the “news” business respond by taking a stab at predicting noteworthy events of the year to come. We can predict the future quite accurately. Unfortunately, accurate predictions are a bore. The sun will rise 363 more times this year. When I ask for extra salt and...
  • Gold & Money In America

    11/30/2009 11:30:26 AM PST · by Ohioan · 25 replies · 820+ views
    Return Of The Gods Web Site ^ | November 30, 2009 | William Flax
    America, as synonymous with the people who created the Federal Union known as the United States of America, was born to a gold standard; was intended, always, to remain on a gold standard! No reading of Article I, Section 10, of the Constitution, coupled with key provisions of Article I, Section 8, can lend itself to any other interpretation. The first paragraph of Section 10 reads in relevant part: No State shall . . . make any Thing but gold and silver Coin a Tender in Payment of Debts.Note, there is no exception provided. Contrast that paragraph with the second...
  • Ron Paul: Paper is NOT Money

    08/22/2009 9:32:00 AM PDT · by Rodebrecht · 41 replies · 1,159+ views
    YouTube ^ | 8/21/09 | TheChannelofLiberty
    Great video of a young Ron Paul speaking about the value of money and the issue of central banking.