Money printing isn't inherently dishonest. The money supply should grow by roughly the average rate of population growth + economic growth. The money supply would expand greatly even under Ron Paul's competing currencies. There is nothing free market or moral about holding the money supply fixed.
Most people don't realize the money supply increased greatly under the gold standard.
https://www.forbes.com/sites/nathanl.../#698df0136c09I like to take the example of the United States. In 1775, the total amount of currency in circulation (primarily gold and silver coins) was an estimated $12 million. In 1900, it was $1,954 million – an increase of 163x!
During this time period, the amount of gold in the world increased by about 3.4 times, due to mining production.
However, a gold standard system can make available any amount of currency, as is appropriate given economic needs and the fixed parity value. Just as the U.S. economy grew enormously in the 1775-1900 period, the gold standard system allowed the money supply to also grow enormously, as was appropriate at the time.
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