Archive for May 14th, 2008
Ron Paul on Banking
In this FOX Business interview Ron Paul is challenged to justify his opposition to central banking and fractional-reserve banking, even though “[t]he fact that the banking system was allowed to make loans for which it didn’t have the capital allowed new enterprises to exist that wouldn’t have existed otherwise. Our entire computer revolution was built [...]
Posted: May 14th, 2008 under Economics.
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