How does Vivek Ramaswamy feel about cannabis? – Cannabis | weed | marijuana

How does Vivek Ramaswamy feel about cannabis? “You don’t hear me talk about the war on drugs. I’m not an anti-drug fighter,” Ramaswamy said while appearing at a Free State Project event in New Hampshire last June.

Vivek Ramaswamy is an American entrepreneur seeking the Republican nomination for President of the United States.

Ramaswamy told the crowd he was “probably the only person in the modern history” of the Republican Party to have talked about decriminalizing drugs for people with PTSD and other mental health issues.

“Psychedelics,” he said specifically. “From ayahuasca to ketamine… This has to be part of the solution.”

But how does Vivek Ramaswamy feel about cannabis? He told Fox News:

We have to move with the times. It’s not a popular position in the Republican Party, but I would just tell the truth again. Whether you vote for me or not is your decision. I think it’s time to decriminalize it.

A spokesman for his campaign later said:

The current “legalization” farce at the state level contributes to the culture of breaking the law. It’s literally against the law. If we pretend otherwise, it will only undermine the rule of law in this country. This is why Vivek supports federal legalization of marijuana.

How does Vivek Ramaswamy feel about cannabis?

How does Vivek Ramaswamy feel about cannabis? Decriminalization or legalization? Once upon a time, it meant the same thing. And indeed this may still be true in America.

Vivek is not afraid of wanting to rule by executive order. Suppose he is the next US president and unilaterally abstains from cannabis. Not a re-plan, but a complete re-plan.

For the federal government, cannabis is not their business.

Is this decriminalization or legalization? For operators in legal states, it certainly helps their tax situation. And why should the financial system fear a plant that the government has delisted as a controlled substance?

Is this legalization or decriminalization? Or are these terms synonymous?

If a Ramaswamy government were to completely remove cannabis from the Controlled Substances Act, it would have some implications.

Effects of Cannabis De-Scheduling

Vivek Ramaswamy’s position on cannabis could strengthen regulation at the state level. If the federal government takes a hands-off approach in the truest sense of the word, one could argue that this is not legalization.

But is legalization ideal? Should Washington DC force states like Idaho to legalize? Suppose people in Idaho want to consume cannabis legally. There are 23 other states they can move to, including neighboring states.

Even if all 50 states legalized, wouldn’t it be better to have local regulation of a competitive and complex modern industry? Think about the supply chain: cultivation, production, packaging, distribution, sales, marketing and everything in between.

Do you want DC bureaucrats to be responsible for all of this? Isn’t that how lobbyists exploit the process and manipulate the rules against the little guys?

When the Feds get involved

Of course, some will argue that Vivek Ramaswamy’s position on cannabis may not be entirely clear. Someone has to regulate interstate commerce and international commerce.

Imports and exports have always been the responsibility of the federal government. Of course, it may be that Vivek’s style of governance abhors intergovernmental regulation. A Ramaswamy administration could create free trade for all industries, not just cannabis.

One can hope.

And of course, FDA bureaucrats want to control aspects of cannabis, particularly when it is used in food or marketed as a medical treatment. In a way, the relief of schedules and the free approach strengthens the existing bureaucracy.

But Vivek can use the stroke of the president’s pen and tell the FDA to fuck off. Such is the state of the American “Republic.”

Of course, if Vivek Ramaswamy becomes president, he cannot forego the tax revenue. Who can really do that? Except maybe Ron Paul.

Therefore, the federal government can tax cannabis. Therefore, Vivek Ramaswamy’s position on cannabis is of great importance.

But there is something else. And it concerns Vivek’s policy towards the Federal Reserve Bank.

Vivek Ramaswamy’s position on cannabis and money could change the world

Vivek Ramaswamy’s stance on cannabis and money could change the world. And here you will find out how.

Experts have to control money. That’s what the experts say. Therefore, supply and demand do not determine interest rates. You can’t trust free markets, they say. You need a central planning committee of experts.

But when the hell has that ever worked? This isn’t the 1920s, this is the 2020s. We have evidence of central planning, and the results are far worse than any theoretical excesses of free market capitalism.

But let’s assume that the experts are right about one thing. The price of money is too volatile to be left to a truly random process. That there should be a more market-based approach to price stability.

Leave it to the experts, not the boardroom. Leave it to the people who actually buy and sell in the market every day.

Like Vivek Ramaswamy’s position on cannabis, his proposal for the Federal Reserve is a breath of fresh air – a novel idea in a time of corporate and government superficiality.

What is a government gold standard?

A country on a gold standard converts its currency into gold at a fixed rate, say $35 per ounce. And vice versa. So when the market price of gold rises above $35, people bring in their dollars to exchange for gold.

This process causes the number of dollars in circulation to decrease and the value of the dollar to increase. This continues until the market price of gold is back to $35.

If the market price falls below $35, the same process occurs in reverse. Historically, it is not without its flaws. Governments tinker with the mechanism like a curious 12-year-old taking apart a television to see how it works (and ultimately breaking it in the process).

A gold standard keeps the value of money constant relative to the market price of gold. Economists have all sorts of criticisms and refutations as to why this wouldn’t work in the “modern” economy today.

To their credit, there are problems with relying on gold as the sole commodity to back the national currency. Especially when governments are always trying to cheat the system.

Vivek Ramaswamy’s position on cannabis is based on listening to the people and the real experts (i.e. not “public health”). He answers with the correct answers. He did – more or less – the same thing with the issue of the Federal Reserve and money.

What is a commodity bundle standard?

Vivek Ramaswamy should combine his positions on money and cannabis.

Vivek wants to create a standard for commodity packages to solve the problem of using government currencies. In this system, the market defines the US dollar as a collection of goods. The value of this collection or bundle depends on what is contained within it.

Suppose you had a million dollars. You take it to the bank and demand your bundle. It could consist of a few pounds of gold and silver, but would most often be a commodity claim (e.g. 100 pounds of Grade A beef, 10 barrels of crude oil, 1,000 board feet of lumber).

Likewise, anyone who brings in a bundle (the claim on goods) receives a million dollars. This keeps the price of the package at a million dollars, providing stable purchasing power provided no one tampers with the package.

Vivek Ramaswamy’s position on cannabis and money could change the world

Vivek Ramaswamy could combine his positions on money and cannabis by including 1,000 pounds of industrial hemp biomass and 500 grams of high-quality cannabis flowers in the goods package.

On the topic of “Changing the World” you must refer to some of our previous posts on this topic.

The key takeaway: Eliminating the elite’s ability to create money out of thin air and charge interest on it can only be seen as a step in the right direction.

In fact, it is the first step.