The Jewish bankers want to eliminate the Central Banks which are tied to governments and replace those systems with entirely private banks under their complete control. Private banks which have no ties to any government, or union of governments, cannot make their notes legal tender. However, they can trade in commodities as currency, and then create their own fiat money through fractional reserve banking by issuing allegedly gold backed notes and electronic credits.
This is why the Jewish bankers want to bury the central banks and move us towards private gold based currencies. It will enable them to create a World currency which is completely under their control and beyond the control of any government.
In order for their money system to be completely outside the control of Goy governments and the people of the World, International Jewish bankers must addict us to the gold habit. Raw gold is truly international. It can be struck with a private mint mark and traded in every nation on Earth.
Gold can then be used in every nation, and the Jewish bankers can move it from one nation to another nation, cutting back on loans in one place while increasing them in another, building one up country while destroying others; which process will enable the Jewish bankers to accumulate all the property of the World in a short time, and ruin all the nations of the Earth. This is a far more efficient system for them then the central banks which can come under the influence of various governments, and which can be easily replaced by government owned and operated institutions.
Beyond this, the Jewish bankers control most of the gold in one way or another and will reap tremendous profits as they deliberately inflate the fiat currencies and ruin them one after another. Then, to meet the need for credit which cannot be met by raw gold, they will print fiat money and electronic credits and claim that there is gold in their reserves to back this paper and data when there is not, but no one will be allowed to attempt to verify or refute this fiction. That is what Ron Paul refers to as "freedom", the freedom of the Jewish bankers to cheat us and to create monopolies and cartels beyond the reach of any government.
This is why Ron Paul wants to transition us to completely privately owned gold banks. The coins they mint will be universal and entirely under the control of the Jewish bankers with no regulation by governments. It is the Jewish bankers' dream of a completely privately controlled bank which issues all the money of the entire World and regulates the money supply in every district. Paul is giving the bankers what they want in the name of fighting them, and millions of gullible idiots are gleefully cheering him on.

"Details"
A gold-silver based currency has shown in some places to not show any (theft by) inflation for hundreds of years.
So basically the biggest and for some the only reason a gold backed currency is a bad idea is that the gold is owned by the wrong people.
As always its all in the "details". Both a Trabant and Ferrari are cars.
There is a (difficult) way to remedy that situation. Proper solutions are never easy. Just take back the gold-silver and other stuff from those who stole it from the people in the first place.
You don't even have to use war if you are smart. Just have something those criminals really need and force them into trading the peoples stuff back.
just hypothesizing
I am just hypothesizing (and probably just dreaming) from now on but, an oil for gold program for the banksters or if they are really cornered, a food for gold program could work.
If it was done by a good strategist as the leader of the US with good connections.
For example with the resource rich Middle Eastern and African countries backed by his own strong military after he shown his just and mutual beneficial intentions to them (which might be the hardest part).
Of course you can just use the same propaganda for the western audience of "peacekeeping, democracy, freedom, anti-terror" etc but now without the doublespeak. Getting control of or persuasion of the media might be done with getting the leadership arrested for supporting terrorism against "our troops" or something like that. Make them think they can weasel it out by getting into some country club prison, then switch those real terrorist with some Guantanamo inmates. Don't forget to replace those inmate-in-israeli-flag wrapping "guards" in Guantanamo with some Iraq war cannon fodder foot soldier.
Its not just the fact that the Gold is in the hands of the Zionists. Fundamentally, the currency should not be based on any commodity that is susceptible to being monopolized. For example, it would be much better to link the value of the currency to wheat rather than gold.
Another big issue is that to avoid deflation or inflation, the money supply needs to keep growing at a rate equal to the real rate of growth of the economy. This is very hard to achieve with a gold standard.
A good option is to regulate the money supply by tying the value of the currency to a diversified basket of labour and commodities. So, we keep monitoring the price of the basket. If it falls below the target, we inject money into the economy. If it goes above the target, we remove money from the economy.
I think the idea that Ron Paul is shilling for the Jewish
wankersbanksters is absurd. I just haven't felt that in my gut at any stage. I favor Paul precisely because I think he's not. A return to the gold standard is definitely a dangerous idea, but if that's the plan, the bankers will have no trouble implementing it through Hillary. I don't think there's any doubt that Hillary is a tool, and that America's got her coming.I haven't spoken to anyone that believes a return to the gold standard is a good idea, it's obviously not. Why Ron Paul can't see it, I don't know.
"Fundamentally, the currency should not be based on any commodity that is susceptible to being monopolized. For example, it would be much better to link the value of the currency to wheat rather than gold."
Between their command of money and credit and their control over farming through terminator seeds, big agribusiness is seeing to it that wheat will soon become a global monopoly.
Each global monopoly feeds another in a long line of monopolies such that eventually even a currency tied to labor will still be largely under their command.
The only solution, for those who care to listen, is to move away from storing our faith in "money" and towards fostering in our children and our communities faith in God - this is where REAL wealth lies. Any other road to "wealth" is a road to perdition, whether it's paved in gold or in fiat bills.
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"Money" has no value - people do.