Quote:
Originally Posted by u-Bob
No one needs to go back to the gold standard. What we need is the abolishment of legal tender laws (and similar regulations that force people to accept 1 specific currency) and to stop bailing out banks that are in a financial mess because of their own corrupt behavior.
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Exactly. In fact Ron Paul proposes legalizing competing currencies and not an immediate return to the gold standard. The idea being that people will naturally move to a more stable currency.