earlier we heard some concern expressed for jobs leaving this country. If one is concerned about that, maybe it would be advantageous to listen to what I say, because I will try to give an explanation for exactly the reason why those jobs leave. My Special Order today is entitled ``Paper Money and Tyranny.'' Mr. Speaker, all great republics throughout history cherished sound money. This meant the monetary unit was a commodity of honest weight and purity. When money was sound, civilizations were found to be more prosperous and freedom thrived. The less free a society becomes, the greater the likelihood its money is being debased and the economic well-being of its citizens diminished. Alan Greenspan, years before he became Federal Reserve Board Chairman in charge of flagrantly debasing the U.S. dollar, wrote about this connection between sound money, prosperity and freedom. In his article ``Gold and Economic Freedom'' in 1966, Mr. Greenspan starts by saying, ``An almost hysterical antagonism toward the gold standard is an issue that unites status of all persuasions. They seem to sense that gold and economic freedom are inseparable.'' Further he states that under the gold standard, ``a free banking system stands as the protector of an economy's stability and balanced growth.'' Astoundingly, Mr.…
Rand Paul: “earlier we heard some concern expressed for jobs leaving this country. If one is concerned about that, maybe it would be…”
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Discussing the relationship between sound money, prosperity, and freedom.
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