Mention767559
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| so:text | A paper monetary standard means there are no restraints on the printing press or on federal deficits. In 1971, M3 was $776 billion; today it stands at $8.9 trillion, an 1100% increase. Our national debt in 1971 was $408 billion; today it stands at $6.8 trillion, a 1600% increase. Since that time, our dollar has lost almost 80% of its purchasing power. Common sense tells us that this process is not sustainable and something has to give. So far, no one in Washington seems interested. (en) |
| so:isPartOf | https://en.wikiquote.org/wiki/Ron_Paul |
| so:description | 2001-2005 (en) |
| so:description | 2000s (en) |
| qkg:hasContext | qkg:Context378200 |
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Triples where Mention767559 is the object (without rdf:type)
| qkg:Quotation727743 | qkg:hasMention |
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