Ron Paul is a fool

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#1

Ron Paul is a fool

The Gold Standard would render any nation that adheres to it dependent on whoever happens to own reserves of gold in the world. This is not a very good economic idea. It might be founded on good intentions to bypass the fraud of the federal reserve, but ultimately it is very vulnerable to being manipulated. Essentially, any nation using the gold standard could be ruined by anyone who can manipulate the price of gold or that nation's access to gold. Issuing debt free currency backed by the authority of the government instead of a non-reliable resource would be a better idea as that would bypass both the interest scam and the additional scam of Fractional Reserve Banking.