Why Ron Paul could not become president.

OMG ...REAL WORLD econ? Boy.. that's more tricky than the barnyard Econ a lot of the guys think is so great (because it's dumbed down)

Dumping the Gold Standard and having the FED have helped us have STABILITY. Otherwise it's a rocky road with no springs,no shocks.

 

that's what i said

 

The "gold standard" you're probably referring to was always a fractional reserve standard, wherein government would subsidize irresponsible and risky behavior of the banks. It's no wonder we had the business cycle.

Central banks haven't eased the business cycle. They've made the cycles less frequent, but much, much larger.

Paul doesn't support a gold standard per se, he supports a market of competing currencies. Gold is just historically the market's choice for sound money.

 

too bad the right, really is, that cognitively dissonant.

 

Banks used to have "capital calls" just like other securities; but, they are "too big to fail" now.

 

I don't see what that has to do with any of my points.

 

just clueless and Causeless; i got it.

 

Oh right you're the guy who never makes any coherent arguments.

"Too big to fail" is a government bailout program, not the free market. Those banks get so big because the government subsidizes their risky behaviors. If you can gamble in the casino and never lose, you would go nuts.

 

oh, you are just one of the nine hundred ninety-nine and have to resort to fallacy.

Banks used to have "capital calls" just like other securities; but, they are "too big to fail" now.

 

Until you make an actual argument, you're just floundering in irrelevant mush.

 

that was tried, it caused chaos

 

i am just playing the "clueless and Causeless", word game with you. You passed. You really are, clueless and Causeless.

Truer capitalism "died" in 1929; more socialism is what we have now.

We already have "competing" currencies; it is called, termed, and styled, the foreign exchange.

 

Competition between national monopolies is not a market for money.

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Am I supposed to just believe you?

 

yes, it is. those currencies can be bought and sold on those foreign currency exchange markets.

 

Markets imply the potential for new entrants into the market. This is essentially not allowed in our monetary system. Markets also imply that prices are controlled by supply and demand, while fiat currencies today are manipulated by central banks. The system today does not pass nearly all the checks for if you have a free market.

The fact that they can be traded on the forex markets is irrelevant. If I passed a law saying that only 3 kinds of cars can be produced in the world, we wouldn't say there's a market for car manufacturing just because people might still buy and sell those 3 cars.

In fact the "money" we use today isn't even truly money in the real sense of a commodity reserve money, it's more like stock in a central bank.

 

dude; where else can you "vote" with your dollars, but a currency exchange?

 

Completely dodging my points.

 

you have no point to dodge. that is why you are confused.

 

Logic and common sense never register with people here who cant comprehend that they are so much in denial. they cant come to terms that the establishment rigged the elections to make sure he was not elected and that they have been conditioned and programmed by our corrupt school system into thinking our votes count and they put them in office when in the REAL world,the establishment selects our presidents for us and through rigged elections,they make sure the one they want in is the next POTUS.

that is why Trump wont get elected because same as Paul he is not part of the establishment that Obama,Romney,The Clintons and the Bushs are all a party of. the sheep just dont get that.they cant get past that they have been lied to by our corrupt school system that we dont put these people in office and that voting is a complete waste of time.

 

Dumping the Gold Standard and having the FED have helped us have STABILITY. Otherwise it's a rocky road with no springs,no shocks.

That is the funniest fib ever invented by anyone.I know you were NOT being serious.

 

What insightful commentary.

Well when your opponent resorts to insults, you've won. See ya.

 

you are still confused. there is no insult.