Excellent video however I do have something to rebut. When I hear ludicrous and Ron Paul in the same sentence, especially when it relates to monetary issues, I do have to admit my hackles go up ;)

The statement he made that Ron Paul says “only gold and silver can be money...” is incorrect.

I wouldn't exactly go back on the gold standard but I would legalize the constitution where gold and silver should and could be a legal tender, which would restrain the Federal Government from spending and then turning that over to the Federal Reserve and letting the Federal Reserve print the money."

Ron Paul believes that the currency can be printed by the US as detailed in the Constitution, but it must be backed by something or it is worthless. He got into politics because he saw the long term consequences of Nixon taking us off the gold standard, and I daresay Paul was correct.

The speaker, at 16:43 minutes, referred to “ debt-free government issued money..” but what makes this money debt free? What gives it value? For him to state “it’s not what backs the money, it’s who controls the quantity...” (as he did, twice) implies that the two are mutually exclusive but I would argue that they are most definitely not, but rather implicitly related. To quote Ron Paul, America should: “return to the type of monetary system envisioned by our Nation's founders: one where the value of money is consistent because it is tied to a commodity such as gold" The quantity is controlled by what backs it. Simple as that.

Thanks for posting this video. The rest of it was quite informative and I always appreciate reading the newsletters.

No surprise here. Buy gold and silver and food!