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Nobel economist calls for gold standard, blames Keynesians



December 15, 2008 – Comments (5) | RELATED TICKERS: GLD

Nobel economist calls for gold standard, blames Keynesians John Forbes Nash Jr., Ph.D., winner of the 1994 Nobel Memorial Prize in Economic Sciences, discusses the need for gold standard or other standard capable of fighting inflation & blames Keynesian economic theories which have sold the public on the notion that inflation is acceptable, leading to bad mortgage loans which led to the economic meltdown

The article is not news to Gold bugs. But what is amazing is it is the #8 most popular post on with 900 Recs


Digg is a place for people to discover and share content from anywhere on the web. From the biggest online destinations to the most obscure blog, Digg surfaces the best stuff as voted on by our users. You won’t find editors at Digg — we’re here to provide a place where people can collectively determine the value of content and we’re changing the way people consume information online.

Most corperate news and legacy media have editors, who filter what Americans are allowed to see, know and watch. But the internet is allowing people to determine what content is worth seeing and comment on what is worth seeing. 

The sucess of Ron Paul and Peter Schiff has been largely an internet driven sucess story. Dr Paul has been arround for years, but the internet [the real free press] has allowed his message and popularity to spread at an amazing velocity. 

The internet is changing everything. CFR, FED and legacy media must be a little nervous.

Ron Paul - Electability - Censored by Fox 1-10-08

If you are new to Ron Paul here he is a Google, it is one hour, but worth your time:

Ron Paul Courageously Speaks the Truth

Here is Faux News and Neocon News Bill O'Reilly gets his a-s kicked by Phil Donahue

I love the internet, enjoy the free press while it last...


5 Comments – Post Your Own

#1) On December 15, 2008 at 7:37 PM, Harold71 (< 20) wrote:

I wonder how that worm in the first video felt after Ron Paul destroyed him with the FACTS

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#2) On December 15, 2008 at 7:49 PM, abitare (29.51) wrote:


I would have a hard time not physically beating that Neocon puppet. What an incredibly disrespectful thing to say, to Ron Paul, who has been one of the most honest civil servants the US has. I would chalk it up as Nationial Defense.

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#3) On December 15, 2008 at 7:54 PM, ThoughtfulFool (< 20) wrote:

Oh now you've done it (sarcasm)!  I've always hated Phil Donohue.  How dare you make me listen to something he says that I so heartily agree with!



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#4) On December 15, 2008 at 8:09 PM, abitare (29.51) wrote:

I have to I was really impressed with Phil in handling O'Reilly. Phil can speak on my behalf anytime.

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#5) On December 15, 2008 at 8:52 PM, ThoughtfulFool (< 20) wrote:

Yeah.  I found myself really cheering him on!

Then when it was over...I said to myself..."Self, what did you just do?!"

As always, thanks for the clips and info.

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