Quote:
Originally Posted by High Plains Drifter
Ron Paul would like to abolish the IRS, abolish the FED, and go back to the gold standard. That might sound good on paper, but anybody with even a rudimentary understanding of how our ecomony works would know the devestating consequences.
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anybody with a rudimentary understanding of economics knows that a debt based currency results in inflation on an exponentially increasing curve, which is completely unsustainable, and we're starting to get to the part where it ramps up.