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All right tomorrow Super Tuesday at an age of the candidates duking it out over these high gas prices started when Newt Gingrich said that he could get prices back below.
Two dollars and two cents a gallon now Ron Paul is time.
You know we heard some of the other candidates if I can be President Obama get gasoline -- two dollars or two dollars and fifty stands are down.
Nice yeah I get it down and die.
It's all right Ron Paul on the phone with us right now Ron Paul you -- my curiosity how would you get it down to -- -- All you have to do is price the gasoline in the old silver money -- -- dollar before they gave up on the silver dollar silver -- You know it's.
It's it's actual value is over three dollars and maybe more depending on the day you know what -- of silver's bill on that ticket that.
But you don't real money.
When he started at that they had an ounce of silver -- pork LB gasoline -- -- -- by the eleven gallons of gasoline so it.
If the money issues there are other factors to I don't deny that supply demand of the oil very important to the potential war in the Middle East.
And with Iran that's really important to back but overall seaport when Gingrich says he's -- get down to a couple dollars.
-- -- well we're gonna increase the supply so tremendously going to bring it down but he doesn't increase the value of the currency he can't do it.
Well you know you just hit on something.
That's been a big focus on this show congressman so I don't know whether that might have you.
Change your position on this because it has been a big focus that the problem -- and escalating oil prices or gas prices the problem is.
Our weak dollar and the fact that oil being priced in dollars.
You need more dollars to divide -- having said that.
Would you revert then to work currencies have -- gold standards that system where you you've pegged their currency.
Is something more solid is that -- this is about.
There are or what explain.
Yeah noted that it worked at letters should be of course -- -- their case for a long -- time.
And I think that what we should do it in this country.
Because they're not gonna change rather quickly they're gonna wait to get much worse we ought to at least be able to valued -- parallel currency it and actually -- Boehner and actually they're still using the dollar predominately the people are drifting from the dollar and are using the dollar as a reserve as much -- -- used to it.
True and there's always these rumors that go around Elliott you know Iraq wanted to -- the Euro and I wanna use golden.
And China wants to use something else that's a big deal because that would really.
Play Havoc with the dollars more and more people left the dollar as reserve currency.
-- probably be much worse they price is the -- of fuel and oil could go -- much higher in the in terms of dollars.
Though but no matter but -- -- Think and I use your social security and leave me that in your weight here so if you don't mind.
But the problem with the dollars it probably it indicative of the problem in Washington right.
The ability control our finances spending much more than we have and -- becomes sort of this global currency laughingstock.
The only thing saving us it would seem is that there are greater laughing stocks out there.
So by comparison we -- better but then if you're watching doesn't get its act together and get this spending under control.
-- It doesn't this mean.
Regardless assuming we don't change that that what our priorities and a dollar that that oil deaths is gonna get a lot more expensive -- inflation's going to be a lot more problem.
I think that is the case and that's what that warning about getting people don't -- understand his.
Wealthy oil prices and and gasoline going up other things are going there are you know earlier you might get a price -- -- it was your computer's.
-- if inflation editor of the might have file which increased all prices and wages equally it would be a big deal.
But he doesn't different areas and because energy is so important international.
Or whether it's city price.
That got -- the medical care or education or housing.
Money goes into certain areas in and -- these prices more so.
But they'll be cannot be controlled if -- you don't control the dollar.
But my argument also he has.
Britain and gave the Federal Reserve Chairman said this for the thirty years -- I've been around and dealing with this illustrates.
Well congressman spent so much money has so much that we would have to perhaps -- -- -- you know protecting the value of the dollar.
If the fit what monetize their content could spend the money in the.
There is that there is that car accident but thank you very much was driven.
-- I thought Ron Paul meanwhile.
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