alt.politics.economics

On Feb 2, 6:19=A0pm, "Larry Hewitt" wrote:
=2E...

>
> Paul does not understand that the falling dollar agaisnt foreign currency =
is
> not the result of printing money, but from spending and borrowing. And wit=
h
> his proposal to =A0cut taxes he will do little more than accellerate the
> process put in place by Bush.
>
> Larry
>
>


Well, Larry, when the Treasury sells notes denominated in dollars does
money supply not expand?



=2E..
=2E..
> >> But I think that a % showing in an election is a pretty strong
> > indicator
> >> that most people --- including a large body of intelligent people --- =
=A0do
> >> not like =A0his platform.
>
>


This can not be denied. That is why the same politicians keep getting
elected. That is also why the country is broke. Ron Paul understands
things well enough to actually say this. None of the others do.


It is not unheard of to ignore impending tragedies. NYC went bankrupt
so did Buffalo and other municipalities in NY. Detroit and Michigan
have similar problems. The same people still get elected. Nothing
changes. The tragedy happens.

Dollars in the common treasury are like fish in the common sea -
anyone who can will harvest to extinction. That is why socialism is
fundamentally corrupting and can not work. ----
/




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>