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I saw this on an anti-Ron Paul site today. Some marxist said if America goes back to the gold standard it would either have to buy up all the gold on earth or it would have to find a way to take money out of circulation in order for the amount of money to equal the amount of gold. Is this true?
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Ron Paul supporters come out in NH...
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My son will be turning 8 years old soon and he is exceptionally bright for his age...and he is really showing a strong interest in economics and politics. He already understands the value of collecting gold & silver over paper money, and totally understands inflation as well! During the presidential...
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As I was educated in the Keynesian/inflationist school of economics, I have (until recently) always been a believer that moderate inflation is good for the economy, and inflation in general is generally favorable to borrowers. I have always believed in the Fed system because I thought it was better than...