America's last hope was Ron Paul
(media.scored.co)
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I supported him. I used to try to explain the Fed and fiat currency to people and their eyes would glaze over
Fiat money is true money, gold money is just is barter. The real problem is in fractional reserve system.
Well I agree about fractional reserve, but if you can't trust the government to manage the money supply, you'll get inflation and them pushing the business cycle anyways.
But you think printing money out of thin air is good? Granted it’s backed by the faith in the dollar or whatever currency.
Well I get the same response when I explain fractional reserve banking. Glazed eyes