By Richard Russell
Twelve-term congressman Ron Paul tells this story: "I once rode alongside President Reagan on his helicopter, and the subject of what was happening to our money came up. 'Ron,' the president told me, 'No great nation that abandoned the gold standard has remained a great nation.'"
Ron Paul also talked about a conversation with Alan Greenspan. "He told me he still stands by his original thesis, which was published decades ago. He wrote, 'In the absence of the gold standard, there is no way to protect savings, and confiscation through inflation. There is no safe store of value.'"
Today, with the US having left the gold standard, the Federal Reserve is attempting to print us back to prosperity. As trillions of new fiat dollars are created, the purchasing power of the dollar is being destroyed.
For thousands and thousands of years, governments have sought to bring back prosperity by creating more ... Log in or subscribe to continue reading.