Okay, but now I feel like
I have to make it a real image.
Time For The Ron Paul Dollar Bill, page
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ATS Members have flagged this thread 2 times
ATS Members have flagged this thread 2 times
reply posted on 1-2-2012 @ 04:27 PM by Sachyriel
reply to post by PageAlaCearl
No I meant so that it doesn't look like a portrait, but with the same kind of greenish tint the rest of the bill has. Not just a framed picture of him, one that looks like a legitimate bill. I mean, yeah I watched it, but I'll have it done in a few minutes. Okay, it's done!
Not the worst photoshop I did, kinda the wrong tint, but close.
I don't know why Ron Paul wants to regress to the gold standard, but I think it would be detrimental to the amount of work people have already invested in the fiat currency system. I'll tell you that if he does get into office and does plan to do that, it's better late than never.
So, I don't see it as a good thing, but if it happens it's better to get it over with.
No I meant so that it doesn't look like a portrait, but with the same kind of greenish tint the rest of the bill has. Not just a framed picture of him, one that looks like a legitimate bill. I mean, yeah I watched it, but I'll have it done in a few minutes. Okay, it's done!
Not the worst photoshop I did, kinda the wrong tint, but close.
I don't know why Ron Paul wants to regress to the gold standard, but I think it would be detrimental to the amount of work people have already invested in the fiat currency system. I'll tell you that if he does get into office and does plan to do that, it's better late than never.
So, I don't see it as a good thing, but if it happens it's better to get it over with.
edit on 1-2-2012 by Sachyriel because: (no reason
given)
reply posted on 1-2-2012 @ 04:41 PM by Southern Guardian
reply to post by PageAlaCearl
I don't actually have a problem with the dollar being backed by gold, and I do sympathize with Paulers about the government just printing money, but I think Paul's idea is unrealistic.
Howmuch gold are we going to require to back each and every dollar? Do we have enough gold to trade in per dollar? Will we have enough gold to bring our debt down? How do you propose say we pay China back $1 trillion? Do we even have enough gold for that?
Fort Knox has an estimated $300 billion worth of Gold, this is a small fraction of what's required to get the dollar backed with Gold.
Most economists aren't convinced by reverting the dollar backed by Gold:
blogs.wsj.com...
The idea doesn't sound all that bad, but it's unrealistic from my view. If Paul was in office and he tried to revert the system back, I think he'd cause more harm than good.
I don't actually have a problem with the dollar being backed by gold, and I do sympathize with Paulers about the government just printing money, but I think Paul's idea is unrealistic.
Howmuch gold are we going to require to back each and every dollar? Do we have enough gold to trade in per dollar? Will we have enough gold to bring our debt down? How do you propose say we pay China back $1 trillion? Do we even have enough gold for that?
Fort Knox has an estimated $300 billion worth of Gold, this is a small fraction of what's required to get the dollar backed with Gold.
Most economists aren't convinced by reverting the dollar backed by Gold:
blogs.wsj.com...
The idea doesn't sound all that bad, but it's unrealistic from my view. If Paul was in office and he tried to revert the system back, I think he'd cause more harm than good.
reply posted on 1-2-2012 @ 05:01 PM by PageAlaCearl
reply to post by Southern Guardian
That's where the fixed rate comes in. There would have to some kind of ratio for 1 dollar = ? of gold, there may not be enough gold at the current rate but that's where the rate would have to be fixed at a reasonable amount.
That's where the fixed rate comes in. There would have to some kind of ratio for 1 dollar = ? of gold, there may not be enough gold at the current rate but that's where the rate would have to be fixed at a reasonable amount.
edit on 1-2-2012 by PageAlaCearl because: (no reason
given)
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