It is generally accepted that fiat currencies always fail. In all of history they have and it's pretty clear nothing has changed. The USA adopted a fiat currency by Presidential decree in 1971. Who would have thought we would have let Richard Nixon make such an important decision and not question it...
Since 1913 we've had the Federal Reserve slowly devaluing the dollar, we've lost about 96% of it's value since. But it really got rolling in 1971. If you look at wages in anything other than paper... people's wages have dropped dramatically. Take gold,
Wages in terms of silver throughout time
Showing posts with label Ron Paul CPAC Liberty End the Fed. Show all posts
Showing posts with label Ron Paul CPAC Liberty End the Fed. Show all posts
Monday, December 27, 2010
Friday, February 19, 2010
Ron Paul rocks CPAC!
Apparently in a style only reserved for Rock Stars Congressman Ron Paul from Texas made a lot of conservatives very excited... with a message that most wouldn't identify with Republicans. Small business owners across America should take notice. This liberty movement (to some the Tea party-ers) may have a huge impact on the size, shape and purpose of the Federal government in the coming future.
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