Quote:
Originally Posted by IllTestYourGirls
It is a move back to the gold standard by legalizing competing currencies. Not shifting to fiat to gold over night.
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i'm with ya, it's basically ron paul's "plan" and while i can't claim to be smart enough to poke holes in the plan, there is no real #s to support it. in fact, i think there have been situations that show it has serious inherent flaws.
either way, i do agree that the banking industry needs a complete change, i just don't see how the fed is the root cause. it's a complicated issue.