“The best thing we can do for the next generations is return to sound money.”
— Ron Paul
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Discussion
He said this???
Been saying it since the 70's 🫂
Excerpt from an interview:
Congressman Paul: My desire to become involved in politics was stimulated by an introduction to Austrian school economic thought. I imagine the book that influenced me in the early days was Hayek's "Road to Serfdom." And that led me to read about everything Ayn Rand wrote and nearly everything Ludwig von Mises wrote. And then meeting and getting to know very real well Hans F. Senholz and Murry Rothbard really got me fascinated with studying economics.
I'm sure you recall the 1970's during the Nixon era when wage and price controls were implemented and when the gold window was closed. It was on August 15, 1971, when the gold window was closed that it dawned on me that all that I was reading by the Austrian economist really was true. The problems the Austrians predicted for us were coming true in the 1960's. They correctly predicted that our monetary system would break down, and that alarmed me. We were in turmoil especially politically and economically in 1974 which was the first year I ran for public office. The reason I ran was to talk about economics, which I found fascinating. I think from the very first campaign I ever ran in 1974, my literature has talked about sound money and the gold standard, and I continue to talk about it although there has been a lot that has happened since that time.
