Quote:
Originally Posted by kach22i
Ron Paul was awesome, the smirks he got from the others in the debate only prove that he has valid points to make.
Dr. Paul said the high cost of oil is more a reflection of the fall of the dollar. That oil priced in Euro's and other currencies have seen only minor price increases. He said the national dept and spending money we don't have on the Iraq war are the reasons, and that the price of oil is right in step with the price of gold. Of course this makes his point that we would not have this type of energy "inflation" if we were on the gold standard and balanced our budgets.
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I was smirking too. It wasn't because his points were valid. The way he tied health cost inflation to the gold standard was just plain stupid.