Yo! Michigan!

"Ron Paul was on the financial ways and means committee in congress and studied economics for 30 years. So who has the knowledge, Ron or Mitt? Ron never voted to raise taxes. Mitt likes to mandate health care. Is that what our economy needs? More socialized health care that gives monopolies to insurance companies and moves us away from free markets? Next time you see Mitt ask him about inflation and our monetary policy. Then ask Ron and verify all of the information with a little study and ask yourself who is right. I’m sure you will find Ron to be correct on monetary policy. Mitt would tell you nothing is wrong, just go shopping." --Comment courtesy Jared

"The two most important issues we face today are the war and the economy. Both are tied to the Federal Reserve, and Ron Paul sees this as THE threat to American prosperity.

Inflation comes from an uneven change in the volume, say, when money is printed and given to a defense contractor. For the moment the contractor’s suppliers do not realize the money volume has changed, the recipient of the printed money experiences increased purchasing power. The workers end up receiving the wage in old money, but then are faced with prices in the new money after the vendors adjust to the new money supply. If the Fed injects more money into the system, which causes more spending, then you will have more money chasing the same number of goods which causes inflation!

Dr. Paul, much like Jefferson and Jackson, believe: The central bank is not only unconstitutional, but causes inflation by printing money from thin air. This causes the citizens to issue T-bills to support the created money and it is our children that pay for the treasury bills we issue to prop up the markets. Any money it releases to “curb market jitters over sub-prime woes” is a tax on unborn children who will be paying the interest on the debt we have accrued.

Oh and by the way, the whole principle and function of money has switched. Back in the day it was free for citizens to turn their gold and silver into money, which increased the money supply as a wealth to the people. Now green backs created out of thin air are loaned into circulation as debt against future production, not exchanged into circulation as production performed. Money has been switched from an evidence of wealth to an evidence of debt.

A legalized competing currency such as gold would be a great way to phase out the Fed’s monopoly money. I want to be perfectly clear on one of the implications. Wars will not be fought unless the majority of the American PEOPLE want to fight the war." --Comment Courtesy David