Thursday, June 25, 2009

The Monetary Reform Sequence We Are Now Experiencing.

Congressman Ron Paul suggests an interesting sequence:

1). The Federal Reserve has to open its books to inspection (or the lobbying by the unConstitutional coup succeeds in stopping HR 1207), but either way it becomes clear that the Federal Reserve is a scandalous institution that is rife with political corruption.

2). When the dollar collapses (and it will - empirical economists are always looking for ways to make economics operate like physics well here you go: print money out of thin air with reckless abandon and the money becomes worthless!!!!) to repeat, when the dollar collapses everyone will know exactly who to blame, and then

3). There will have to be monetary reform!

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