FrankRep
12-10-2011, 04:56 PM
Ron Paul Proposes Interesting Salary For Himself As President (http://www.huffingtonpost.com/2011/12/10/ron-paul-proposes-interes_n_1140723.html)
huffington post
12/10/11
GREENVILLE, N.C. -- Long before he discovered Friedrich Hayek and other free-market economists, Ron Paul got a lesson in sound money from his oldest brother, Bill.
It was the height of World War II, and the Paul boys were laying aside quarters from their Pittsburgh Press routes and pooling pennies earned from pulling dirty milk bottles off the line at the family dairy to buy war bonds. One day, Ronnie suggested what was, in retrospect, a rather Keynesian solution: "Why doesn't the government just PRINT this money?"
"Well," Bill responded, "then the money wouldn't have any value."
Bill was 10. Ron was about 7.
Washington bureaucrats, Paul says now, "would like it to be complicated, and that we have to accept this complex monetary system of the Federal Reserve. But it's no more complicated than two little kids talking ..."
huffington post
12/10/11
GREENVILLE, N.C. -- Long before he discovered Friedrich Hayek and other free-market economists, Ron Paul got a lesson in sound money from his oldest brother, Bill.
It was the height of World War II, and the Paul boys were laying aside quarters from their Pittsburgh Press routes and pooling pennies earned from pulling dirty milk bottles off the line at the family dairy to buy war bonds. One day, Ronnie suggested what was, in retrospect, a rather Keynesian solution: "Why doesn't the government just PRINT this money?"
"Well," Bill responded, "then the money wouldn't have any value."
Bill was 10. Ron was about 7.
Washington bureaucrats, Paul says now, "would like it to be complicated, and that we have to accept this complex monetary system of the Federal Reserve. But it's no more complicated than two little kids talking ..."