• A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.

    Ron Paul: A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
    Ron Paul (2008). “Pillars of Prosperity: Free Markets, Honest Money, Private Property”, p.43, Ludwig von Mises Institute