Topic: Alan Greenspan endorses Ron Paul for President
Well...kinda..
Alan Greenspan :
" Well, the question is a very interesting one. We have, at this particular stage, a Fiat money which is essentially money printed by a government ,and its usually the Central Bank which is authorized to do so.
Some mechanism has got to be in place that restricts the amount of money which is produced , either a gold standard or currency board or something of that nature , because unless you do that ,all of history suggests that, inflation will take hold with very deleterious effects on the economy"
deleterious = destructive btw
I think that is about as much of an endorsement for Ron Paul as you are likely to see.
I was waiting for the host to say "oh thats funny, what do you think of presidential candidate Ron Paul?" ...alas it never happened.
The video can be found here http://www.youtube.com/watch?v=ZjMQG3qUFKo
(fast forward to 6:35 for the above discussion)
On a side note , im so pleased with the exponential growth of Dr. Paul's candidacy . The donations are excellent and the message of true liberty is getting out despite the main stream media's blackout on him. Tho, i have to say that it is getting better now that Paul is outdoing so called "top tier" candidates.
Go Ron Paul!
(i expect everyone who reads this post to vote for Ron Paul in the primaries!! )
Frédéric Bastiat