Korean Job Discussion Forums

[ontheway]

Alan Greenspan supports the Gold Standard and believes the US was and would be better off without the Federal Reserve.


Watch here:


http://www.youtube.com/watch?v=caIgP3Mnb6g&NR=1



Soon, I suspect, he will be come an integral part of the Ron Paul freedom movement.

[On the other hand]

[Ya-ta Boy]

Actually that isn't EXACTLY what he said.

Here is what he says to a question about central banking:

"Some mechanism has got to be in place that restricts the amount of money produced, either a gold standard or a currency board or something of that nature�"

That doesn't sound at all like he's saying, "What we need is a gold standard".

I haven't heard anyone on this board saying we should start wildly printing money.

[ernie]

i love people like greenspan and al gore who speak up AFTER they quit being in a position of influence where they could have actually DONE something... makes me feel all warm and cynical inside...