The 'gold exchange' begins around the 4:19 mark. Prior to that, the feisty Congressman Paul, the Fed's most famous watchdog, spends his time sticking up for the consumers. (Translation: The little guy and gal.)
Business Insider, a predictably corporatist outfit, poohs-poohs the Doc's thesis (about gold as $). However, BI does make an excellent point about the realities of our age regarding currency. Your thoughts?
Update: An ounce of gold = many "sovereign issued currencies."
7/18/11
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