Also, literally printing money out is not the solution really... You create fake wealth, fake demand and fake offer, I agree with that kind of.
Also, literally printing money out is not the solution really... You create fake wealth, fake demand and fake offer, I agree with that kind of.
You want them to give money to you for nothing? Like food stamps? that would be useless... Consummation would grow, but there would be not enough domestic offer, since you didn't help the companies to survive, so you would have to import more... spending more money... since you don't have it, you'll have to borrow it.
What he's doing now is that he's giving money to companies who don't have to fire people and who are going to keep offering services and goods... If people keep working, they'll have money and they'll be able to spend. They'll buy American products because they are cheaper in a recession (prices go down) and they will keep the demand high, or even increase it. The domestic offer will have to follow... The surplus will be imported. And you increase revenues, and so on and so on.
The important thing is that you do not close your borders now. If you plan on ONLY buying American, then you cancel the importation of the demand surplus. What happens then? Less foreign offers, creation of rarity, foreign prices are up, you turn to domestic products, domestic products' demand goes up, prices go up, you can't buy it because you're in a recession and you don't have enough money....
“In the past 12 months, our national debt went up $1.5 trillion, and next year it’s going to be more. Young people know what they are getting. They know they are getting a bad deal. They’re getting nothing but debt.
“We’re in an atmosphere now where if we can accept the idea that the taxpayers can bail out the banks and big business, there is nothing that can't be funded. Everything will be appropriated. There will be no cuts.
“Our financial system has come unglued, but the next shoe to drop will be the disintegration of the dollar. We as conservatives and believers in limited government have a tough task to restrain big spenders before that happens because, when that happens, what is threatened is our liberty.”
Also, literally printing money out is not the solution really... You create fake wealth, fake demand and fake offer, I agree with that kind of.
Ron Paul doesn't believe in evolution. Case closed

It is the central bank, and only the central bank, that works as the government's money machine, and this makes all the difference. Now, it is not impossible that a central bank can exist alongside a gold standard, a lender of last resort that avoids the temptation to destroy that which restrains it. In the same way, it is possible for someone with an insatiable appetite to sit at a banquet table of delicious food and not eat.
Let's just say that the existence of a central bank introduces an occasion of sin for the government. That is why under the best gold standard, there would be no central bank, gold coins would circulate as freely as their substitutes, and rules against fraud and theft would prohibit banks from pyramiding credit on top of demand deposits. So long as we are constructing the perfect system, all coinage would be private. Banks would be treated as businesses, no special privileges, no promises of bailout, no subsidized insurance, and no connection to government at any level.
Gold is portable, divisible, fungible, durable, and has a high ratio of value per unit of weight. It is as compatible with today's economy, driven by information technology and lightning quick financial transactions, as it was compatible with the 19th century economy of heavy industry and agriculture. It is not technical limitations that prevent the dollar from being redefined as a unit weight of gold, but political ones.
I have no doubt that a gold standard can be completely restored, no matter how unfavorable the current environment appears towards its restoration.
Llewellyn H. Rockwell, Jr.
I would rather have Dr. Paul's ideals of Constitutionalism and Liberty integrated into our lives, instead of the Facism and Socialism of Obama. I have given up on the Republican/Democratic party system. I hope we get to see a Peter Schiff/Ron paul 2012 run, maybe even a Chuck Baldwin and Jesse Ventura in there.
^How does Ron Paul see the Gold Standard helping us get out of this recession?
This is either a case of "LOLOLOLOOLOLLLLLLL" or :*(.