Sunday, November 1, 2009

Monopoly Money

Would currency competition lead to a sounder U.S. dollar?

By Dr. Ron Paul (R-TX)
Submitted to CNN

"The prospect of American citizens also turning away from the dollar toward alternate currencies should provide an impetus to the U.S. government to regain control of the dollar and halt its downward spiral. Restoring soundness to the dollar will remove the government's ability and incentive to inflate the currency, and provide stability to the financial system. With a sound currency, everyone is better off, not just those who control the monetary system."

Read the entire op-ed here

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