ron paul=awesome/kickass?
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The economy is in chaos...world wide...Comment
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It does illustrate the need to back up your outrageous claims with an actual plan of execution........in the purest sense, a Gold Standard would be better but it's a fairy tale and a feel good talking point in the modern economy that has zero chance of ever being implemented.
It's common sense.....like you pointed out Nick and my point. We don't have enough Gold to back the money in circulation now.....so how what do you do with the difference?
Throw those trillions of dollars away?
Yeah, that'll helpOriginally posted by vandeleurE- Jesus . Playing both sides because he didnt understand the argument in the first placeComment
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you guys crack me up ...
RP does have a plan. It's available and detailed on how to accomplish it. There are also multiple videos of him explaining it as well.
I think all you're saying, kwame, is that we have this huge problem of inflation because there's too many dollars being printed. So what's the solution? Print more money and just hope no one notices? Or take action to correct the problem?
Allow gold/silver to compete with the dollar, with retailers able to set prices in each denomination. With a constrained supply of gold/silver, the metal becomes more valuable -- and prices adjust to reflect that traded value. Slowly you phase out use of the dollar as it becomes priced out of the market. It's a reflection of the reality of the situation. When you can just invent money out of thin air, it has no value.
Look at that chart again and think about it. If speculators are to blame for the wild fluctuations in the price per barrel of oil in dollars, why has the price in ounces of gold remained pretty consistent? Could it be that the supply of gold has remained fairly fixed, and therefore the value is steady, whereas supply of dollars has been increasing drastically, and therefore the value is degrading?
The price of oil affects so many things. Think about how much money you have to spend to fill up your car, to buy groceries and other goods. Is a loaf of bread more valuable than it used to be? Or does it simply cost more now? Why would it cost more if it doesn't have any additional intrinsic value, especially if manufacturing processes increase efficiency?
I know it's an oversimplification and that there are a lot more components to the equation. But at the heart of things, it's fairly straightforward: The more dollars that exist, the less value they all hold, and the purchasing power of each is decreased
There's no such thing as "not enough", as prices will adjust to match supply.Comment
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I hate to tell you all this but Ron Paul doesn't have a snow balls chance in hell of getting the nomination.Comment
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Ron Paul may never get a pass from the bluebloods, but I've never heard the man say anything that fucking stupid....
I'm about 100% convinced at this point that the 'Pukes are throwing this election.Comment
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Well, Sanitorium is telling everyone NOT to go to school otherwise they'll end up like Obama.
Ron Paul may never get a pass from the bluebloods, but I've never heard the man say anything that fucking stupid....
I'm about 100% convinced at this point that the 'Pukes are throwing this election.Comment
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Originally posted by KristyDude, what in the fuck is wrong with you? I'm full of hate and I do drugs.Originally posted by cadaverdogI posted under aliases and I jerk off with a sock. Anything else to add?Comment
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you guys crack me up ...
RP does have a plan. It's available and detailed on how to accomplish it. There are also multiple videos of him explaining it as well.
I think all you're saying, kwame, is that we have this huge problem of inflation because there's too many dollars being printed. So what's the solution? Print more money and just hope no one notices? Or take action to correct the problem?
Allow gold/silver to compete with the dollar, with retailers able to set prices in each denomination. With a constrained supply of gold/silver, the metal becomes more valuable -- and prices adjust to reflect that traded value. Slowly you phase out use of the dollar as it becomes priced out of the market. It's a reflection of the reality of the situation. When you can just invent money out of thin air, it has no value.
Look at that chart again and think about it. If speculators are to blame for the wild fluctuations in the price per barrel of oil in dollars, why has the price in ounces of gold remained pretty consistent? Could it be that the supply of gold has remained fairly fixed, and therefore the value is steady, whereas supply of dollars has been increasing drastically, and therefore the value is degrading?
The price of oil affects so many things. Think about how much money you have to spend to fill up your car, to buy groceries and other goods. Is a loaf of bread more valuable than it used to be? Or does it simply cost more now? Why would it cost more if it doesn't have any additional intrinsic value, especially if manufacturing processes increase efficiency?
I know it's an oversimplification and that there are a lot more components to the equation. But at the heart of things, it's fairly straightforward: The more dollars that exist, the less value they all hold, and the purchasing power of each is decreased
There's no such thing as "not enough", as prices will adjust to match supply.
I'd love to see a Gold type Standard but it can't happen over night. It'd take a decade at least and the biggest problem is WE DON'T HAVE ENOUGH GOLD IN THE RESERVE TO BACK THE DOLLARS THAT WE HAVE OUT THERE
The last President who actually seen our gold reserves was Ronald Reagan and IIRC, the room that houses our gold reserves is something like 20 x 60!Originally posted by vandeleurE- Jesus . Playing both sides because he didnt understand the argument in the first placeComment
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Last edited by Nitro Express; 02-27-2012, 07:53 PM.No! You can't have the keys to the wine cellar!Comment
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nonetheless, tying a currency to the value of a completly arbitrary element, the demand for which, outside of its value as currency peg, may increase (as is the case with the use of gold for electronics) is no more economically sound than relying on notes officially pegged to nothing.Comment
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he won't run as an indepenent (and still lose, but guarantee an obama victory), because he wants rand to be able to run at some point. if ron runs on a 3rd party and obama wins, republicans will blame him and torpedo any chance rand had. if, instead, ron puts up a semi-credible primary showing, but lose (which he will, guaranteed), if obama wins in 2012, the argument will go that if only they'd listened to the dr. paul brand, this would've been avoided. so to avoid clinton-biden 2016, go with rand.Comment
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