The transformation, then, from honest money, backed by gold and silver, to fiat money redeemable in absolutely nothing, was complete.
The nation barely noticed the new debased and devalued currency, perhaps because they were mesmerized by the growing stack of greenbacks in their pockets.
The purchasing power of the dollar has shrunk by almost 95 percent since 1913 because of the takeover of the money supply by the Fed; inflation is rampant and the Fed continues to ratchet up the printing presses, further devaluing the dollar.
But there is a way out of the downward spiraling valuation of fiat money...
Read full article...
More on Ron Paul:
Ron Paul wants you to read these books
Ron Paul gives the REAL State of the Union address
Ron Paul: The horrible idea that is destroying America