Americans are for the most part ignorant of the gold
'standard' envisioned by Ron Paul. Before the 'unenlightened ones' lend an
ear to the quacks and frauds that'll twist and spin what Ron Paul proposes,
best you read this 1981 congressional tract of his from 1981. A Gold
Coin Exchange Standard is what he is suggesting. Under such a system,
the Federal Reserve Notes would compete for gold in our markets as a medium
of exchange. From what I understand he simply wants to restore
competitiveness for goods and services with honest money once prevalent in
our free Republic.
Dr. Paul has
tried repeatedly for Congress to undertake a physical audit of our Treasury's
supposed 8,000 tons of gold. As has been proven this too, is too much to ask
of our enemies in government and banking.
FIVE MYTHS ABOUT THE GOLD STANDARD
by Congressmen Larry McDonald (D-GA) and
Ron Paul (R-TX)
...both were physicians...McDonald in the Navy. Paul
in the Air Force. McDonald was killed in the Soviet shootdown of KAL007 in 1983. McDonald prided
himself in being a "Jeffersonian Democrat".