Quote:
Originally Posted by libertylover
BonnieDundee, I can see why you believe I'm a libertarian since I support
Ron Paul but I do not believe in any political party. If I had the power of the
stoke of the pen, I would repeal all politcal parties. I pledge my allegance to
God, no other.
I do believe in removing the money supply from the government.
They can mint coins. I believe in the gold standard and a free market
(has the market really ever been a free market, I doubt it) without interference from governments or those from the powers that be.
The Bank of England and Lord Rothschild each and every day at 10 a.m.
set the price of metals. Duh!
A federal government must be small with each state collecting the taxes for
their state and passing a portion to the federal government to pay expenses.
All governments must be on a balanced budget. No borrowing or credit at all.
Borrowing of governments results in wars. Just don't give them the power to
borrow.
Here is American so many think they're wealthy. Why? Credit. They think
they are free and weathy.
Wasn't Hayek of the believe private individuals should be free to
print money? I only briefly read of this theory after reading his book
Road To Serfdom and wanted to know more of his background.
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Yes Hayek believed in denationalising the money supply, this is a far better idea than the gold standard.