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“I’ll tell you what we could do. Even with my book, it doesn’t call for the end of the Fed because it would be chaotic if we ended the Fed. Too many people depend on it. All I want to do is get rid of the monopoly.”
This idea that we need a Federal Reserve to run things or a central bank — that is just a modern times.
Prior to the 17th century most money was commodity money, typically gold or silver. However, promises to pay were widely circulated and accepted as value at least five hundred years earlier in both Europe and Asia. The Song Dynasty was the first to issue generally circulating paper currency, while the Yuan Dynasty was the first to use notes as the predominant circulating medium. In 1455, in an effort to control inflation, the succeeding Ming Dynasty ended the use of paper money and closed much of Chinese trade. The medieval European Knights Templar ran an early prototype of a central banking system, as their promises to pay were widely respected, and many regard their activities as having laid the basis for the modern banking system. As the first public bank to "offer accounts not directly convertible to coin", the Bank of Amsterdam established in 1609 is considered to be the precursor to modern central banks.[4] The central bank of Sweden ("Sveriges Riksbank" or simply "Riksbanken") was founded in Stockholm from the remains of the failed bank Stockholms Banco in 1664 and answered to the parliament ("Riksdag of the Estates") thus making it the oldest central bank still operating today.[5] One role of the Swedish central bank was lending to the government,[6] which was likewise true of the Bank of England, created in 1694 by Scottish businessman William Paterson in the City of London at the request of the English government to help pay for a war. The War of the Second Coalition led to the creation of the Banque de France in 1800.
Originally posted by ManBehindTheMask
Just FYI Dogmatic Libertarianism isnt a party line.......Nice attempt tho...
In politics, the line or the party line is an idiom for a political party or social movement's canon agenda, as well as specific ideological elements specific to the organization's partisanship.
Originally posted by captainnotsoobvious
reply to post by bl4ke360
A) It's no more of a waste than anything else on ATS
B) He's not a threat as he's unelectable, nationally, no matter the delusions of his fanatics
C) Why? Because his ideas, his ideology is fundamentally wrong-minded and dangerous
So, I don't see him as a threat, as a Presidential candidate, but I do see a very real threat to America, if people believe his rhetoric and believe that his ideas are legitimate.
Originally posted by GogoVicMorrow
I didn't really need links.
Originally posted by DrEugeneFixer
Originally posted by GogoVicMorrow
I didn't really need links.
If you can't be bothered to post links or back up your assertions with facts, then your posts are of no Interest anyway.
Originally posted by UKTruth
Originally posted by OutKast Searcher
reply to post by The_Zomar
Do you have the numbers???
Or am I just supposed to believe that he "won"???
Ron Paul's main goal right now is to reduce the amount of delegates Romney gets...he was projected to get 5 out of Louisiana...so if Romney gets more than 5, that is a win for Romney.
This is the most ridiculous post I think I have ever seen in this election process. So, Romney wins if he gets 6 delegates? Even if Paul gets more??? Wow, that's some logic.
Originally posted by OutKast Searcher
Do you understand the difference between winning the state and "a win" for an individual???
I'm not sure you do.
Originally posted by The_Zomar
Originally posted by OutKast Searcher
Do you understand the difference between winning the state and "a win" for an individual???
I'm not sure you do.
I understand a win for Ron Paul and liberty, and a loss for your pride.
I can guarantee that.
Originally posted by OutKast Searcher
Originally posted by The_Zomar
Originally posted by OutKast Searcher
Do you understand the difference between winning the state and "a win" for an individual???
I'm not sure you do.
I understand a win for Ron Paul and liberty, and a loss for your pride.
I can guarantee that.
I don't understand where my "pride" comes into this.
I find it funny people think me commenting on politics is somehow personal...it is no different than me commenting on a sporting event.
Originally posted by The Sword
reply to post by hab22
Pot calls the kettle black and gets two stars for it.
It's a free-for-all in here.