Comment

Dr. No's Big Moment

174
Jack Burton in Mactified Forshion7/19/2009 2:53:34 pm PDT

re: #128 gnargtharst

Ironic that folks would reflexively reject an idea that properly belongs to the Founding Fathers, in exchange for an idea advanced by FDR and Keynes, just because of an incidental association with a nut like Ron Paul.

Perhaps because in the time of our founding fathers, it was an OK idea that worked, and now it’s not. For a multitude of reasons. Regardless of reason why it would destroy our economy, there’s this nasty “non-starter” issue that gold standard fetishists are either incapable of grasping, or are purposely ignoring.

This issue was discussed last night:

littlegreenfootballs.com

Here’s the non-starter reason, with 2nd grade math:
littlegreenfootballs.com

littlegreenfootballs.com