1–2 minutes

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Both political parties want the Fed to print more money, either to support social spending or military adventurism. Politicians want the printing presses to run faster and create more credit, so that the economy will be healed like magic – or so they believe.

Ron Paul (via Jakob Lodwick’s theinvisiblefist).

Commentary by ifightevil: Seems strange for Lodwick, a man who has always sold a product with no concrete value to support the return of the Gold standard. When the basis of your economy is no longer based on the value of underlying commodities, the rationale for requiring your money to be backed arbitrarily by gold or silver seems more tenuous.

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