Wednesday, March 7, 2012

Ron Paul: There's nothing to fear from globalism, free trade, and a single worldwide currency

Ron Paul: There's nothing to fear from globalism, free trade, and a single worldwide currency



“There’s nothing to fear from globalism, free trade and a single worldwide currency.... The effort in recent decades to unify government surveillance over all world trade and international financial transactions through the UN, IMF, World Bank, WTO, ICC, the OECD, and the Bank of International Settlements can never substitute for a peaceful world based on true free trade, freedom of movement, a single but sound market currency, and voluntary contracts with private property rights.... The ultimate solution will only come with the rejection of fiat money worldwide, and a restoration of commodity money. Commodity money if voluntarily and universally accepted could give us a single world currency requiring no money managers, no manipulators orchestrating a man-made business cycle with rampant price inflation.”

-Congressman Ron Paul (Congressional Record, 13 March, 2001)

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