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Old 12-16-2007, 01:46 PM   #46
badnarik
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Join Date: Oct 2004
Location: san diego
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Quote:
Originally Posted by Weiser Wonder View Post
He goes beyond sound money. He wants to return to gold-backed currency, which is never ever going to happen. Just completely unrealistic. I don't mind non-interventionist but he seems very anti-free trade, I hate that.
Ideally he wants a gold standard, realistically he has spoken of allowing competing currencies.

Paul's whole platform rests on a free market ideology, and his idea of free trade is simply elimination of trade barriers instead of having internationally managed trade.

Dr. Paul's views reflect Milton Friedman's:

Milton Friedman has argued that the North American Free Trade Agreement is actually not a "free trade" agreement, but rather is government managed trade. The essence of this criticism is that such trade agreements do not promote free trade, they inhibit it by implementing another level of bureaucracy on top of national governments. The agreement can not only have a detrimental effect on trade, but also national sovereignty as it results in an erosion of sovereignty for all nations involved and causes citizens and governments to be bound by decisions made by an unelected international body.


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