Comment: Not exactly.

(See in situ)


Not exactly.

Ron Paul is in favor of a free market in money. This means that no money is legally privileged over another, and that the market may select the money, or moneys, that it prefers.

Ron Paul has pointed out the problem with bi-metalism, as it was actually implemented. The problem is that the exchange rate between gold and silver was artificially fixed by government. This would tend to force the undervalued currency out of circulation. If exchange rates were not fixed, but instead determined by the market, there is no problem with bi-metalism, or tri-metalism, or n-metalism.