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Tag Archives: Ron Paul

The Hill: Another financial meltdown on the horizon?

We have been “pressing the case for sound money” for a very long time. Many others, particularly those economists considered part of the Austrian School have been doing so for decades. It was the Austrian School economists who saw 2008 coming. It was the Austrians who warned the world. But the Austrians are a truly and deeply free market bunch, and politicians don’t like free markets. So the warnings went unheeded.

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Ronald Reagan’s opinion on Libertarianism (Video)

I have a whole bunch of issues with Ronald Reagan. He lost his way on defense spending that is for sure, and there are a host of other problems. But this 60 Minutes video from what looks like before Reagan became president is interesting, and in a way stands as a warning to libertarians as they rise to prominence today.

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The real reason for increased inequality since the early 1970s. The end of the gold standard.

Below is the moment where the USA took a huge wrong turn. This is where we detached from financial reality. This is where the fiat insanity truly began. It’s one of the most important moments in American history, and yet most Americans know little about it.

This is Richard Nixon making a mistake of colossal scale, and one which may in the end undermine the very economy he said he was trying to defend. The man is just truly a tragic figure.

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