Economy
Arizona’s HB 2014 is a very important and timely piece of legislation. The Federal Reserve’s failure to reignite the economy with record-low interest rates since the last crash is a sign that we may soon see the dollar’s collapse. It is therefore imperative that the law protect people’s right to use alternatives to what may soon be virtually worthless Federal Reserve notes. Passage of HB 2014 would also send a message to Congress and the Trump administration that the anti-Fed movement is growing in influence.
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The most hated sort [of moneymaking], and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural use of it. For money was intended to be used in exchange, but not to increase at interest. And this term usury which means the birth of money from money is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of making money, this is the most unnatural. – Aristotle
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Ron Paul has argued for years that returning to the gold standard as well as auditing and limiting the power of the Federal Reserve are essential if the United States is to improve its economic situation. Perhaps the most shocking part of Greenspan’s recent interview was his implicit admission that Paul has been right all along…
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In any major bull market for precious metals, the more volatile metal – silver – can be expected to post the bigger returns. Silver, being both a precious metal and an industrial metal, may also be well suited to benefit from Donald Trump’s pro-industrial policies. Silver is essential in many areas of manufacturing, especially electronic and high-tech products. Silver is also one of the world’s most enduring forms of money. Along with gold, silver stands as a “hard” alternative to depreciating fiat currencies and bubbly financial assets.
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