Comment

The Mainstreaming of Ron Paul

71
jcm5/07/2009 5:03:04 pm PDT

re: #60 Devil’s Advocate

I don’t want Ron Paul leading the Conservative movement. But, he happens to be right on economic issues, including the gold standard.

Gold standard won’t work.

Gold is finite.

Wealth creation is infinite.

If we base the economy on a fixed amount of gold, and through capitalism double the value of the economy, you just deflated the value of the currency by 50%.