Gold, Peace, and Prosperity

The Birth of a New Currency

Ron Paul

Ron PaulThis monograph is a must read for anyone interested in the history of money.

All page numbers refer to Congressman Ron Paul, Gold, Peace, and Prosperity: The Birth of a New Currency (Lake Jackson, TX: Foundation for Rational Economics and Education, Inc., 1981).

The audio was recorded 24 December 2007 by Dr. Floy Lilly.

Buy the Monograph Here (softcover)

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Dedication (p. 5)

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Contents (p. 7)

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Foreword by Henry Hazlitt (pp. 9–10)

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Preface by Murray Rothbard (pp. 11–13)

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Acknowledgements (p. 14)

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Impending Social Strife? (pp. 15–16)

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The People Are Demanding an End to Inflation (pp. 16–17)

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Depreciation Is Nothing New (pp. 17–18)

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“Not Worth a Continental” (pp. 18–19)

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The Best Medium of Exchange (pp. 20–21)

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Cross of Paper (pp. 21–22)

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How Our Money Was Ruined (pp. 21–32)

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1. The Gold Coin Standard (pp. 23–24)

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2. The Gold Bullion Standard (pp. 24–27)

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3. The Gold Exchange Standard (pp. 27–31)

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4. The Managed Fiat Currency Standard (pp. 31–32)

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The Stage Is Set (p. 32)

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Motives of the Inflationists (pp. 33–34)

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Is Business To Blame? (p. 34)

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Are Banks To Blame? (p. 35)

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Are Unions To Blame? (p. 35)

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Inflation and the Business Cycle (pp. 36–37)

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The Guilt of the Economists (pp. 37–39)

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The Alternative to Inflation (p. 39)

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Money and the Constitution (pp. 40–41)

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Morality and Transfer Payments (pp. 41–42)

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Citizen Control of Money (p. 42)

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Day of Reckoning (pp. 43–44)

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Free Market Money? (pp. 44–45)

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Legal Tender Laws (pp. 45–46)

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An Historical Precedent (pp. 46–48)

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The End—or the Beginning (pp. 48–52)

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About the Author (pp. 53–54)

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About the Foundation (p. 55)

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