View Full Version : H.R. 6690 Introduced, Bill to peg the US Dollar to Gold at $500/oz.
agaiziunas
09-10-2008, 01:59 PM
Here is weblink to the detail of the bill: http://www.realclearmarkets.com/articles/2008/09/congress_must_stabilize_the_do.html
Or just google HR6690
Doubt it will ever make it out of committee but interesting to discuss.
gilliganscorner
09-10-2008, 02:17 PM
My bill will not put America on the gold standard, like we had in the early part of the 20th Century. Under the old gold standard, gold was money. Limiting the supply of money to the supply of gold was a huge mistake. It was the basic error that caused the Great Depression.
Fail. The Fed caused the Great Depresssion.
FrankRep
09-10-2008, 02:20 PM
This is exciting.
FrankRep
09-10-2008, 02:22 PM
Fail. The Fed caused the Great Depresssion.
Bernanke: Federal Reserve caused Great Depression
World Net Daily
March 19, 2008
http://www.wnd.com/index.php?pageId=59405
Bradley in DC
09-10-2008, 02:30 PM
Discussion over here:
http://www.ronpaulforums.com/showthread.php?t=154436
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