Ron Paul speaks on Economics
Posted February 3rd, 2008 by dirtyp
output
Ron Paul speaks to local business and financial leaders at Lake Union Crew, Seattle on January 31, 2008.
One of the biggest scams ever brought about against the American people has been the Federal Reserve System, fraudulently created in 1913.
It is not federal and it has no reserves. It is a group of private bankers who basically print money out of thin air and then loan it to the United States government at interest. They also control the interest rates for our economy. The "booms" and "busts" of our economic cycles are scientifically created by the "Fed." Their goal is to make a profit for their shareholders. This powerful entity has never been audited.
Subscribe to War On You by Email
Subscribe to Blog4Paul by Email
Bookmark/Search this post with:
We've all seen these films.
what we need to do is clarify what Ron Paul means. Examples:
Gold and silver to compete with the national currency-
(Idea planted into head of average, busy american- "So i'm going to buy my groceries by weighing out grains of gold dust")
Etc, etc.......
I'm not being funny but the grassroot base is nie established. You need to clarify these things to the unconvinced from here on in.
'I always think of all you canvassors and precinct leaders at the front line.
Good luck out there &Thank you. It's appreciated'.-fip
"gold dust" i am one of
"gold dust"
i am one of these people that do not understand. can anybody explain in simple terms?
backing the dollar with the gold standard? i have no idea ...
if i buy silver, how do i pay for food using silver ...
Simple Explantion
Is a silver dollar is worth 20 bucks.
1 Ounce of silver is about $16 before run away inflation it was worth a dollar.
Now you buy 10 ounces of silver at $16 a ounce and bury it in the closet. Now a year later Silver is worth $23 a ounce.
So instead of losing 1/4 of your money to inflation you keep it.
The price of silver never went up just your dollar goes down.
Same with stock , the stock doesnt go up, your dollar goes down.
You can sell any kind of metal. Steel, copper,silver,gold,gems, Anywhere.
A simple way of looking at is your money in the bank constantly drops and silver and gold stay the same.
Look at your intrest rate
1% -5% on saving accounts.
- the current inflation wich is 9%
Compare with what you get back with these.
8% stock market
5% bonds and funds
7% silver
13% gold
If you were paid in silver you would make 15% more.
If you look at how gas,grocerys, etc all go up in a week and your check is the same for years.
bump
b
disregard
q