Home › Forums › Financial Markets/Economics › South Carolina wants separate currency for state › The irony of being against
The irony of being against price controls and for a gold standard seem entirely lost on Paul.
I find it funny as shit.
Here is an explainer of what happened the last time a developed economy went to a precious metal standard. (Hint: they got fucked big time)
http://www.federalreserve.gov/boarddocs/speeches/2004/200403022/default.htm
Irony bonus point: It is written by Bernanke
Double irony bonus point: It was American speculators that did the fucking.
For some reason, reading this makes me want to scream “Earth First! Make Mars our bitch!”
But then…I have issues.