“I know in Switzerland you have all kinds of protests coming from the Swiss National Bank or the government – ‘You can’t do this. You can’t require that we have 20% gold backing.’ Well, prior to the removal of gold backing, think about the Swiss economy prior to 1999. Was there a problem having a gold standard? No. Why do you think the Swiss economy did so well? Why do you think Switzerland prospered more than countries like Italy or Spain or France or Greece? It’s because the Swiss politicians were disciplined by a gold standard. So you had sound money. You had limited government. You had real economic freedom, and you made progress.”
http://schiffgold.com/commentaries/save-swiss-gold-video/
Related posts:
Bootstrapping with Tony Gallippi of Bitpay on the tastytrade network
Mercantilist Monsanto: Driver of Organic Farming
Andreas Antonopoulos on Bitcoin, Disrupt Greece 2013
Magic Mushrooms Fight Authoritarianism
'Florida's Dirtiest Cop' Charged With Kidnapping Man Who Wanted To File Brutality Complaint
The Business of War: SOFEX
AP: Sources Aren't Talking To Us Out Of Fear Of US Government Spying
Ex-Army sergeants accused of working as drug cartel’s killers-for-hire
New ‘Anti-Terror’ Checks On Beijing’s Subway Cause These Lines
State Department’s Bar Tab: $415,000 a Year
Debate On Oklahoma Medical Marijuana Bill Continues
Chinese Investment in the U.S.
Money Extinct? How Crowdfunding Will Change The World
Russian lawmaker seeks to ban US dollar, predicts 2017 collapse
MSM "Fingers" Infowars.com as Influence on Boston Bomber Older Brother