Ronald Reagan in End the Fed, by Rep. Ron Paul (R, TX)

On Budget & Economy: No great nation abandoned gold standard and remained great

With President Reagan the subject of the gold standard came up. "Ron," the President told me, "no great nation that abandoned the gold standard has remained a great nation." He indeed was sympathetic, as he was to many libertarian constitutional ideas, but he was also swayed by staff pressure to be pragmatic on most issues. Source: End the Fed, by Rep. Ron Paul, p. 74 Sep 16, 2009

The above quotations are from End the Fed, by Rep. Ron Paul. Click here for main summary page. Click here for a profile of Ronald Reagan. Click here for Ronald Reagan on all issues.
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Page last updated: Dec 18, 2011