World Economy. Ron Paul on the current crisis. 18th September.

18th September 2008. Ron Paul explains how wrong policies and actions of the Federal Reserve and the government led to the financial crisis. Many who agree with me on lots of other questions, do not understand my enthusiasm for gold and sound money or because I studied so much talk time and monetary policy. It 'true that I talk about money differently than most, but the fact is that sound money offers many advantages. For example, peace. It may sound money really bring peace?In fact, it plays an important role in peaceful international relations. Money based on commodities instead of paper is not subject to manipulation of state, and is a key component to free trade and honest. History shows that if countries engage in trade with each other, their governments to overcome for the same reason not to kill your customers at your business, though sometimes they tend to annoy her. If someone tricks outright, but you can engage inWar being in court, for example, and the relationship sour. Governments and central banks with unlimited power to manipulate currency also have the ability to cheat their creditors. One way to do this is to simply create enough currency to pay debts. This devalues the currency and misleads the recipient, what they are guilty. It would be unfair if watered down your product, as our government watered down its currency, it is not difficult to understand, in thisSimplified ...

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