Wednesday, January 15, 2014

Ron Paul Reacts to RonPaulCoin

There's a new Ron Paul e-currency and Kelly Evans of CNBC talked to Dr. Paul about it.


3 comments:

  1. Note to self: don't schedule Ron Paul live on CNBC.

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  2. When currencies compete, the superior currency gets hoarded. Spending is shorting (selling).

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  3. "When currencies compete, the superior currency gets hoarded. Spending is shorting (selling)."

    Perhaps you are on to something Jerry. Maybe what we need to do is make currency something of zero subjective value to most people, like turds, so no one hoards them. Awesome way to incentivize spending eh?

    I forget, are you a MMTer? I didn't think you ever disagreed with Krugman.

    :)

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