I think Ron talks about deficits too much. The country was sold out in 1938 and with the creation of social security we enslaved every person in America as a slave to taxes owed to the IMF. The deficit was never meant to be paid off. The number is a farce and it will grow until they finally declare bankruptcy, which will result in another power grab.
Ron Paul scares the NeoCON 'christian' Republican because he's a MODERATE the Worst think next to a Democrat to a FunnyMental. Ron Paul is Attracting INDEPENDENTS who are MODERATE thinkers , who don't feel the need to Agree on everything,but can Agree on ALOT of things. Ron Paul has the Most Important Quality of All His ability to LISTEN and than form an Opinion. I lean more LEFT,but I like Ron Paul & I'd Trust Him. I Live in Canada wish we had Ron Paul Leading the CONS here. Hate Harper.
i do too. in my district, we have a commie former university professor. every time the jerk "professes" old Karl Marx, himself, tries to sit up in his grave to applaud. as well as Lenin and Stalin of course. sad state of affairs. to HELL w/ Commie Liberals!
Whose your representative? Bishop? Well, I have Pete King. Not too bad, but we are telling him that he has to have a town hall with us or we will primary him.
i idoubt pete king will do that cuz he believes he is untouchable, just like that ass bishop. i doubt anyone out here has the stones to stand up to him in a primary. then a republican will be voted in in 2010. it's all a mess and i doubt anyone can really do anything positive about it.
We may go through 5 to 10 years of crap but if we do not get these bankers and federal reserve to become responsible money changers we may as well go back to stone age.
I would just ignore this richard guy, I call him out on his BS, and he keeps typing the same thing and doesn't respond to me. He is an Obama troll. His notions are absurd, if he would look and compare food and gas prices from 1973 to today, he would realize the price inflation. He probably doesn't know that the dollar is worth 4 cents of what it was in 1913 when the Federal Reserve was created.
He is such a good man. No matter what people say, and how many people bash his message he stands by his principals because he has shown time and again that he cares about the American people. I just hope people will wake up to his message.
I watched this guy on bill maher....all he did was contradict himself and not know what his real beliefs were, now im not really gonna let my opinion be truly effected by one interview, but i really think he's overrated.
The PPI the government down? I'm glad you trust them so much. So that means there's negative inflation. So all my prices should be down. Hmm energy nope, groceries nope, licence and registration nope. Even most consumer goods I pay for, no. A few have gone down, but I'm overall by far paying MORE money than before, while buying less.
If you believe a number you were given by the government, rather than what you pay in real life... well I wish you good luck in fantasy land.
Currently, annual changes in consumer price are running at around zero. So it comes as no surprise that mainstream economists do not see inflation whatsoever; in fact, they would warn against deflation — which they characterize as an ongoing decline in consumer prices...so your observation is expected. Congrats for seeing the obvious.
The prices of assets such as stocks, bonds, real estate, and housing are typically considered different from consumer prices....
So-called asset price inflation — a term which mainstream economists use for characterizing the phenomena of extraordinarily strong and ongoing increases in the prices of, for instance, stocks and housing — is not seen for what it really is: a visible symptom of the erosion of the purchasing power of money.
What is more, mainstream economists wouldn't mind about the Fed increasing the monetary base, or commercial banks increasing money supply, per se....
This is because they do not see a direct, let alone a logically necessary, link between changes in the money stock and the purchasing power of money.
Austrians hold that inflation is an increase in the money stock, and that the upward drift of money prices is a consequence of a rise in the money stock; from the Austrians' viewpoint, rising prices are a symptom of an increase in the money stock.
Mainstream economists may say that if a rise in the money stock is accompanied by a (sufficient) rise in the supply of goods and services, an increase in the money stock would not cause inflation, as it would not make prices go up.
From the Austrian viewpoint, such an argument does not hold water, though: had the money remained unchanged, money prices would have actually declined (other things being equal), thereby having increasing the purchasing power of money.
In other words, a rise in the money stock prevents the money stock from gaining in purchasing power (other things being equal). That said, there are two consequences that come with a rise in the money stock that need to be highlighted in this context.
First, the visible effect is a rise in money prices; it is the result of a rise in the money stock while the supply of goods and services remains unchanged.
Second, the invisible effect is brought about by a rise in the money stock, even if it is accompanied by a rising supply of goods and services: the rise in the money stock prevents money prices from declining.
Needless to say, to most people the first effect goes unnoticed — as a result of a misguided definition of inflation.
You are still somehow rationalizing that inflation, and gas prices are the same thing. They aren't. I do my finances monthly. Like I said, my prices overall are up. My gas bill is lower than last July, but overall, I'm paying more.
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You are willfully out of touch with reality. Prices are falling. Ron Paul is a moron. He knows nothing about economics. For thirty years he has been predicting the imminent collapse of the dollar and hyperinflation. For thirty years the man has been DEAD WRONG. How long does he have to be wrong before you lunatics accept reality?
Ok, you live in wonderland, boy. Financially, he's been right on the whole time, you just can't face the dangerous reality. Last time i checked unemployment was up to 16% from REAL statistics. The fed keeps buying US bonds to lower the interests rates, which allows banks to do their shennanigans. How long do you seriously think those can be held low before you realize your folly? Have you not noticed a decrease in purchasing power? I sure as hell have. Think before you talk, clown.
For thirty years Ron Paul has been predicting the imminent collapse of the dollar and hyperinflation. For thirty years Ron Paul has been DEAD WRONG. Last year, Ron Paul continued to predict the imminent collapse of the dollar and hyperinflation. And this year we have DEFLATION.
Ron Paul is a moron who doesn't know anything about economics.
That's all you have son? Deflation? Really? Do you even know what deflation is, you fool? YOU CAN'T HAVE DEFLATION ON THE LONG RUN WHEN YOU HAVE TO BALANCE THE INTERESTS RATE IN ORDER TO REMAIN COMPETITIVE BY MONETISING DEBT. There are two forces that combat each other all the time. Deflation and inflation. Deflation is due to efficiency, which most often than not override inflation. But hey, we spent 1.5 quadrillion derivatives and over 2 trillions in bailouts. Ain't hard to grasp.
When you have the industry under tremendeous economic pressure, people have less money, etc. you can't expect deflation to be a reality in the long run. Even if TV prices keep deflating, who gives a shit when your food costs double or triple within a few years.
Oh yea? Since when? Do i need to destroy you some more? Hell, i don't even think i need to, you have no credibility, you don't back your claims with actual meaningful evidence and keep prooving to everyone that you don't have any idea how economics work. It's a science, and all science obey the laws of newton. What goes up, goes down. I doubt you fully grasp the role of interests rate in this whole mess to begin with, which is key to understand that inflation is inevitable. Just like before.
Okay i'm going to have to call you a retard in denial. Inflation last year accounts for somewhere around 5-8% That isn't enough to even combat market dips and highs. OBVIOUSLY. But you know what, my grandfather used to feed his whole family with just a few dollars. Deflation now? NO SHIT SHERLOCK. Bigger inflation soon? That shouldn't even be in the debate! THEY'RE EVEN MENTIONNING IT ON MAINSTREAM MEDIA! So, you're just playing straw-man and you even beleive it yourself, fuck that's stupid.
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You can't seriously be that stupid??? Oh, that's right, you think Ron Paul knows what he is talking about, so you are that stupid.
How long did your grandfather have to work to earn enough to feed his family???? How long do you have to work to feed a family? Sorry, bad question. You are a moron, so you likely cannot earn enough to feed a family.
100 years ago the average worker had to work an average of 25 hours per week to feed a family, that figure has now dropped to less than 10 hours.
Because the average income was a hunk of shit, you fucking retard. And that's without mentionning the SIZE of the family itself. AND without mentionning how much harder it was to labour FOOD. AND we didn't have GMO FOODS. OR EFFICIENT TRANSPORTATION. My GOD you are shortsighted!
Oh and by the way, look up the HUGE amount of complaints about wheat price manipulation. It's blatant and obvious to anyone with half a brain who understands fundamentals.
I can pick straws too, you fucktard, i could spam these boards with MILLIONS of charts backing me up, EVEN IF I LIED DELIBARATELY! Your numbers don't proove cock!
Yep. That is what Ron Paul has been saying for thirty years. The dollar will collapse and we will have hyperinflation any day now. Any day now. Any day now.
Ron Paul keeps promising this dollar collapse any day now. Always six months off. For thirty years.
Generations can pass while we wait for Ron Paul's predictions to come true.
The man is completely ignorant when it comes to economics.
Yeah I disagree. You're not keeping in mind that to this date the dollar has lost over 90% of its value since 1913. Also, we have never had such a huge increase in the money supply, plus the projected deficit just keeps rising. Let's not forget that we didn't even have enough revenue this year in taxes to pay the interest on our debt. Oh, and don't forget about the BRIC countries talking about a new reserve currency. I believe the German chancellor tried to warn us- Germans know about inflation.
TheDollar is hitting all time lows against competing currencies, and you are claimingRon Paul is wrong about about the collapse of the dollars and hyperinflation?Seems like you are out of touch with reality.The dollar is dead as the world reserve currency,China and Russia are thinking of moving to a competing global reserve currency based on gold, they will eventually stop buying our treasuries and we will no longer be able to finance our debt, leading to a default and devaluation of the dollar.
Hello, do you have any sources about this? I'm surprised to hear other governments are actually willing to revert to the gold standard. I keep hearing that they SHOULD do it, and are slowly buying up gold, but never really read reliable info about china or russia truly considering the honest gold standard. I'd be glad to see it! Thanks!
Pull your head out of your ass. RP knows more about economics than the entire group of clowns that have been running this country (Rep or Dem) and he sure as hell knows more about it than your uninfromed self does. Have you heard of Austrian Economics? Educate yourself before you speak, it will help you not sound as ridiculous.
Good; keep living in your dreamworld. Make sure you save in US dollars, actually put all your money in US stocks and bonds. Check back with me in 3-5 years and let me know how you are doing.
Uh, do you pay attention to exchange rates? Have you been out of the country. Obviously not, the dollar is at all times lows against competing currencies. Ron Paul and Peter Schiff have been warning about this Financial crisis for 7 years, they called it. Artificially Low interest rates created a market of unqualified sub prime borrowers who couldn't pay back, and subprime derivatives were packaged as triple A and spread throughout the economy along with interest rate derivatives and collapsed.
Reality is a hard thing, you didn't even realize that within your own comment you admitted inflation and devaluation of our dollar. Inflation and devaluation has gone up since November of last year for the Euro, and since February for the Pound. Those are the facts. And once again, the Federal Reserve by artificially fixing interest rates, the dollar is worth 4 cents of what it was in 1913, Food and gas prices have soared since the 70s when the dollar became the world reserve currency.
There is no hope for you. You have allowed your ideology to entirely cloud your vision. The dollar has NOT collapsed. Those are the facts. Ron Paul has been DEAD WRONG for thirty years. He was DEAD WRONG last year. He is DEAD WRONG now.
The dollar has not collapsed. There is no hyperinflation, We are experiencing DEFLATION and a strengthening dollar.
Those are the facts. They are beyond dispute.
Ron Paul has been wrong for thirty years, and will be wrong for the next thirty years.
The reason the dollar has remained where it is is because the Fed lent 3 trillion to foreign central banks to prop it up !
And the example given could be taken further, the Euro used to be 1.24 when it was first traded, and before it became official currency, so it's lost almost 50% in 10 years.
There is deflation now because people don't have money so if businesses want to move inventory they have to reduced prices. Soon prices will go through the roof... just look back to the 70's...
And that's a fact. We're talking long term here, keynsians economics can do whole sorts of shennanigans such as BUBBLES, REMEMBER BUBBLES? How do you keep a certain price high? BUBBLE IT UP, through government manipulation. Use your head, god damn it.
No, it has been re-valued up by destroying the housing bubble, but as international currency, $ is no longer as "good as gold", because since Aug 71 we no longer back $ with gold, cause the BANKgangsTERS who run the FED openly sucked it all out to their individual central BANKS. Right in front of our faces for generations, But many nations are quietly talking about the need for a
RESERVE currency OTHER than the Dollar. Go read Anthony Suttons book: "WAR on GOLD"
I see. Ron Paul's "lunacy" wants us to stop invading nations that have NOT attacked us... restore ART 1 commandment to
have no coined money excpet gold and silver.... I'll go with Ron Paul, whether the $ collapses or not. its VALUE has collapsed, 1 penny used to buy a real wheat loaf of bread, Today it takes bout $5 to buy that same loaf. To me , that is a major DE-valuation.
I am not going to tell you that there will be hyperinflation since it is not a certainty as of right now, at least in my opinion. Inflation, however, most definitely. Argentina went through a deflationary period before inflation hit over there.
The US is massively increasing it's money supply with no production to speak of.
But I see you are hopeless, so go ahead and enjoy these "falling prices" with the over 50 million unemployed Americans. Tell them it's all good and dandy.
Ron Paul is a real leader but has been suppressed by corporate America and special intersts. Ron Paul is a guy that his principles and his vote is not for sale.
The strongest most powerful man on earth. he is changing and saving the entire planet, future generations will benefit from what he has done and is doing. which is saving the whole world from tyranny.
Once again... Ron Paul stands alone and speaks truth to power. I'm betting America will fall. it has too. there is too much despotism, there needs to be a great cleansing. Until you read and understand the four great documents, you will never be ab,e to vote correctly.
He's talking freedom for all, the rights of the people over politicians, bureaucrats, cronyism, the military-industrial complex, ruinous economic policies; why would any thinking person be booing?
This was my first time to get to shake RP's hand,my husband and I drove 9 hrs to be there, we help'd decorate the convention Hall! and got to be seated two tables away from the Paul family and Tom Wood's. I all so video'd the full event and will treasure that day forever.
From his first campaign in the seventies, when I was in high school, to today when his statements are being proven out, Ron Paul has remained faithful to his roots and his principles. Never a hint of scandal has landed at his door. He is a great man and a true statesman. I am proud to support him and love him as a true patriot.
The birthday bash was excellent and I'm so glad I went.
Happy Birthday to Ron Paul!!! My dear best politician in my life!
vikingscool 1 year ago
I think Ron talks about deficits too much. The country was sold out in 1938 and with the creation of social security we enslaved every person in America as a slave to taxes owed to the IMF. The deficit was never meant to be paid off. The number is a farce and it will grow until they finally declare bankruptcy, which will result in another power grab.
brown55061 2 years ago
ron paul is a scary guy b/c he actually knows what he is talking about zomg!
although i don't believe in all his views he speaks logically and with knowledge
Diazt3r 2 years ago
Ron Paul scares the NeoCON 'christian' Republican because he's a MODERATE the Worst think next to a Democrat to a FunnyMental. Ron Paul is Attracting INDEPENDENTS who are MODERATE thinkers , who don't feel the need to Agree on everything,but can Agree on ALOT of things. Ron Paul has the Most Important Quality of All His ability to LISTEN and than form an Opinion. I lean more LEFT,but I like Ron Paul & I'd Trust Him. I Live in Canada wish we had Ron Paul Leading the CONS here. Hate Harper.
suzieq0452 2 years ago 3
Bravo bravo
skullgymequipment 2 years ago
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hoooray for all you people who want to kiss ron paul's peepee
ronpaulsucks1 2 years ago
lolol
arsenalarmenia 2 years ago
@ronpaulsucks1
yea ron paul sucks because ur an ignorant idiot that voted for mccain and palin lawl
Diazt3r 2 years ago
I live in New York, and I wish I had a congressman like Dr. Ron Paul.
cartmanfan0316 2 years ago 11
i do too. in my district, we have a commie former university professor. every time the jerk "professes" old Karl Marx, himself, tries to sit up in his grave to applaud. as well as Lenin and Stalin of course. sad state of affairs. to HELL w/ Commie Liberals!
FellowTraveller 2 years ago
Whose your representative? Bishop? Well, I have Pete King. Not too bad, but we are telling him that he has to have a town hall with us or we will primary him.
cartmanfan0316 2 years ago
i idoubt pete king will do that cuz he believes he is untouchable, just like that ass bishop. i doubt anyone out here has the stones to stand up to him in a primary. then a republican will be voted in in 2010. it's all a mess and i doubt anyone can really do anything positive about it.
FellowTraveller 2 years ago
We may go through 5 to 10 years of crap but if we do not get these bankers and federal reserve to become responsible money changers we may as well go back to stone age.
jobedied 2 years ago 4
nice tags
dontdispie 2 years ago
Covered all the bases. lol
CountArtha 2 years ago
I agree with stevo down there... I think alot of people start heckling before they do enough research and listen to his message.
bucourt127 2 years ago
I would just ignore this richard guy, I call him out on his BS, and he keeps typing the same thing and doesn't respond to me. He is an Obama troll. His notions are absurd, if he would look and compare food and gas prices from 1973 to today, he would realize the price inflation. He probably doesn't know that the dollar is worth 4 cents of what it was in 1913 when the Federal Reserve was created.
Stevo2444 2 years ago 3
He is such a good man. No matter what people say, and how many people bash his message he stands by his principals because he has shown time and again that he cares about the American people. I just hope people will wake up to his message.
snslion 2 years ago 2
Please help us in Kentucky elect Ron's son Rand to the US Senate! Join in the August 20 moneybomb!
runrandrun dot c o m!
Taikaru 2 years ago
I watched this guy on bill maher....all he did was contradict himself and not know what his real beliefs were, now im not really gonna let my opinion be truly effected by one interview, but i really think he's overrated.
rockmasterj20 2 years ago
"....all he did was contradict himself "
I'm calling bluff, please point out where Ron Paul contradicted himself.
cattleprods911 2 years ago 4
he is such a cutie. love his smile
ajla0906 2 years ago
Patriot!!
boat6868 2 years ago
Happy Birthday Dr. Paul and many many more.
Traveler2112 2 years ago 2
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I'll bet Bruno gave him a nice BJ for his birthday!
StinkingHombre 2 years ago
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Inflation is running at NEGATIVE 44.8%
Yep, you read that right. Inflation is running at -44.8% The PPI came out this morning. The year over year crude goods PPI showed a drop of 44.8%.
That means crude goods that cost $100 last July, cost $55.20 this July.
Ron Paul is a moron.
Richardgwm 2 years ago
DailyKos or the Huffington Post, anyone?
VexRiot 2 years ago
You have no idea what inflation is.
SoHumorous 2 years ago
The PPI the government down? I'm glad you trust them so much. So that means there's negative inflation. So all my prices should be down. Hmm energy nope, groceries nope, licence and registration nope. Even most consumer goods I pay for, no. A few have gone down, but I'm overall by far paying MORE money than before, while buying less.
If you believe a number you were given by the government, rather than what you pay in real life... well I wish you good luck in fantasy land.
sirellyn 2 years ago
Let's see, the price of gas was $5 last July. This year it was $2.69. A gallon of milk was $4 last July, $2.69 this July. Hmmm.
Don't let reality interfere with your ideology.
Richardgwm 2 years ago
For some reason I can't read your original post, but it seems you are making the point that deflation is occurring, is that right?
mj011n1r 2 years ago
Currently, annual changes in consumer price are running at around zero. So it comes as no surprise that mainstream economists do not see inflation whatsoever; in fact, they would warn against deflation — which they characterize as an ongoing decline in consumer prices...so your observation is expected. Congrats for seeing the obvious.
The prices of assets such as stocks, bonds, real estate, and housing are typically considered different from consumer prices....
cattleprods911 2 years ago
So-called asset price inflation — a term which mainstream economists use for characterizing the phenomena of extraordinarily strong and ongoing increases in the prices of, for instance, stocks and housing — is not seen for what it really is: a visible symptom of the erosion of the purchasing power of money.
What is more, mainstream economists wouldn't mind about the Fed increasing the monetary base, or commercial banks increasing money supply, per se....
cattleprods911 2 years ago
This is because they do not see a direct, let alone a logically necessary, link between changes in the money stock and the purchasing power of money.
Austrians hold that inflation is an increase in the money stock, and that the upward drift of money prices is a consequence of a rise in the money stock; from the Austrians' viewpoint, rising prices are a symptom of an increase in the money stock.
cattleprods911 2 years ago
Mainstream economists may say that if a rise in the money stock is accompanied by a (sufficient) rise in the supply of goods and services, an increase in the money stock would not cause inflation, as it would not make prices go up.
From the Austrian viewpoint, such an argument does not hold water, though: had the money remained unchanged, money prices would have actually declined (other things being equal), thereby having increasing the purchasing power of money.
cattleprods911 2 years ago
In other words, a rise in the money stock prevents the money stock from gaining in purchasing power (other things being equal). That said, there are two consequences that come with a rise in the money stock that need to be highlighted in this context.
cattleprods911 2 years ago
First, the visible effect is a rise in money prices; it is the result of a rise in the money stock while the supply of goods and services remains unchanged.
Second, the invisible effect is brought about by a rise in the money stock, even if it is accompanied by a rising supply of goods and services: the rise in the money stock prevents money prices from declining.
Needless to say, to most people the first effect goes unnoticed — as a result of a misguided definition of inflation.
cattleprods911 2 years ago
You are still somehow rationalizing that inflation, and gas prices are the same thing. They aren't. I do my finances monthly. Like I said, my prices overall are up. My gas bill is lower than last July, but overall, I'm paying more.
Most people are as well.
sirellyn 2 years ago
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You are willfully out of touch with reality. Prices are falling. Ron Paul is a moron. He knows nothing about economics. For thirty years he has been predicting the imminent collapse of the dollar and hyperinflation. For thirty years the man has been DEAD WRONG. How long does he have to be wrong before you lunatics accept reality?
Richardgwm 2 years ago
Do i have to own you with reality, little boy?
ExquisiteDoom 2 years ago
Just accept reality. Ron Paul has no idea what he is talking about.
Richardgwm 2 years ago
Ok, you live in wonderland, boy. Financially, he's been right on the whole time, you just can't face the dangerous reality. Last time i checked unemployment was up to 16% from REAL statistics. The fed keeps buying US bonds to lower the interests rates, which allows banks to do their shennanigans. How long do you seriously think those can be held low before you realize your folly? Have you not noticed a decrease in purchasing power? I sure as hell have. Think before you talk, clown.
ExquisiteDoom 2 years ago
For thirty years Ron Paul has been predicting the imminent collapse of the dollar and hyperinflation. For thirty years Ron Paul has been DEAD WRONG. Last year, Ron Paul continued to predict the imminent collapse of the dollar and hyperinflation. And this year we have DEFLATION.
Ron Paul is a moron who doesn't know anything about economics.
Richardgwm 2 years ago
That's all you have son? Deflation? Really? Do you even know what deflation is, you fool? YOU CAN'T HAVE DEFLATION ON THE LONG RUN WHEN YOU HAVE TO BALANCE THE INTERESTS RATE IN ORDER TO REMAIN COMPETITIVE BY MONETISING DEBT. There are two forces that combat each other all the time. Deflation and inflation. Deflation is due to efficiency, which most often than not override inflation. But hey, we spent 1.5 quadrillion derivatives and over 2 trillions in bailouts. Ain't hard to grasp.
ExquisiteDoom 2 years ago
When you have the industry under tremendeous economic pressure, people have less money, etc. you can't expect deflation to be a reality in the long run. Even if TV prices keep deflating, who gives a shit when your food costs double or triple within a few years.
ExquisiteDoom 2 years ago
Um. . . food prices are declining too. We are currently experiencing food price deflation.
But don't let reality cloud your ideology.
Richardgwm 2 years ago
Oh yea? Since when? Do i need to destroy you some more? Hell, i don't even think i need to, you have no credibility, you don't back your claims with actual meaningful evidence and keep prooving to everyone that you don't have any idea how economics work. It's a science, and all science obey the laws of newton. What goes up, goes down. I doubt you fully grasp the role of interests rate in this whole mess to begin with, which is key to understand that inflation is inevitable. Just like before.
ExquisiteDoom 2 years ago
Over the past year:
Price of wheat down from $332 to $222 per metric ton
Price of beef down from $1.35 to $1.25 per pound
Price of milk down from $18.50 to $11.50 per cwt.
The facts are simply against you. We are experiencing deflation. Ron Paul is proven wrong again.
Richardgwm 2 years ago
Okay i'm going to have to call you a retard in denial. Inflation last year accounts for somewhere around 5-8% That isn't enough to even combat market dips and highs. OBVIOUSLY. But you know what, my grandfather used to feed his whole family with just a few dollars. Deflation now? NO SHIT SHERLOCK. Bigger inflation soon? That shouldn't even be in the debate! THEY'RE EVEN MENTIONNING IT ON MAINSTREAM MEDIA! So, you're just playing straw-man and you even beleive it yourself, fuck that's stupid.
ExquisiteDoom 2 years ago
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You can't seriously be that stupid??? Oh, that's right, you think Ron Paul knows what he is talking about, so you are that stupid.
How long did your grandfather have to work to earn enough to feed his family???? How long do you have to work to feed a family? Sorry, bad question. You are a moron, so you likely cannot earn enough to feed a family.
100 years ago the average worker had to work an average of 25 hours per week to feed a family, that figure has now dropped to less than 10 hours.
Richardgwm 2 years ago
Because the average income was a hunk of shit, you fucking retard. And that's without mentionning the SIZE of the family itself. AND without mentionning how much harder it was to labour FOOD. AND we didn't have GMO FOODS. OR EFFICIENT TRANSPORTATION. My GOD you are shortsighted!
ExquisiteDoom 2 years ago
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You are a true dip shit. The average family was bring in gold, not worthless paper. You watch too much FOX news.
aprilmarco 2 years ago
Oh and by the way, look up the HUGE amount of complaints about wheat price manipulation. It's blatant and obvious to anyone with half a brain who understands fundamentals.
ExquisiteDoom 2 years ago
This comment has received too many negative votes show
Price of eggs down from $1.85 to $1.50 per dozen
Price of pork chops down from $3.40 to $3.17 per pound
Price of rice down from $740 to $620 per metric ton
Price of coffee down from $1.14 to $0.75 per pound
Richardgwm 2 years ago
How about you compare them from twenty years ago, you disengeneous sack of shit?
ExquisiteDoom 2 years ago
This comment has received too many negative votes show
Price changes over the last 20 years:
Wheat $170 to $222
Coffee $0.60 to $0.75
Beef $1.50 to $1.25
Give it up dude. The facts are against you. You may be in denial, but reality continues regardless of your delusions.
Richardgwm 2 years ago
I can pick straws too, you fucktard, i could spam these boards with MILLIONS of charts backing me up, EVEN IF I LIED DELIBARATELY! Your numbers don't proove cock!
ExquisiteDoom 2 years ago
No. No you couldn't.
Richardgwm 2 years ago
Are you sure?
ExquisiteDoom 2 years ago
Yep. That is what Ron Paul has been saying for thirty years. The dollar will collapse and we will have hyperinflation any day now. Any day now. Any day now.
Ron Paul keeps promising this dollar collapse any day now. Always six months off. For thirty years.
Generations can pass while we wait for Ron Paul's predictions to come true.
The man is completely ignorant when it comes to economics.
Richardgwm 2 years ago
Oh, you're just a spam bot, okay, spam block him everyone.
ExquisiteDoom 2 years ago
Yeah I disagree. You're not keeping in mind that to this date the dollar has lost over 90% of its value since 1913. Also, we have never had such a huge increase in the money supply, plus the projected deficit just keeps rising. Let's not forget that we didn't even have enough revenue this year in taxes to pay the interest on our debt. Oh, and don't forget about the BRIC countries talking about a new reserve currency. I believe the German chancellor tried to warn us- Germans know about inflation.
HeatForce 2 years ago
TheDollar is hitting all time lows against competing currencies, and you are claimingRon Paul is wrong about about the collapse of the dollars and hyperinflation?Seems like you are out of touch with reality.The dollar is dead as the world reserve currency,China and Russia are thinking of moving to a competing global reserve currency based on gold, they will eventually stop buying our treasuries and we will no longer be able to finance our debt, leading to a default and devaluation of the dollar.
Stevo2444 2 years ago 3
Hello, do you have any sources about this? I'm surprised to hear other governments are actually willing to revert to the gold standard. I keep hearing that they SHOULD do it, and are slowly buying up gold, but never really read reliable info about china or russia truly considering the honest gold standard. I'd be glad to see it! Thanks!
ExquisiteDoom 2 years ago
Pull your head out of your ass. RP knows more about economics than the entire group of clowns that have been running this country (Rep or Dem) and he sure as hell knows more about it than your uninfromed self does. Have you heard of Austrian Economics? Educate yourself before you speak, it will help you not sound as ridiculous.
0oHIZAKIo0 2 years ago 4
Ron Paul is a fool who know nothing about economics, and anyone who thinks he does is even more ignorant than he is.
How long does a man have to be wrong before you realize he doesn't know what he is talking about?
Ron Paul has been DEAD WRONG for thirty years.
Richardgwm 2 years ago
Good; keep living in your dreamworld. Make sure you save in US dollars, actually put all your money in US stocks and bonds. Check back with me in 3-5 years and let me know how you are doing.
0oHIZAKIo0 2 years ago 3
Yep, I have been hearing that same lunacy from Ron Paul looneys for thirty years, but the collapse never comes. It is always just around the corner.
Please tell me how this country is just like Zimbabwe and the Weimar Republic and how it will take a wheelbarrow full of cash to buy a loaf of bread.
Meanwhile, I will enjoy these falling prices.
Richardgwm 2 years ago
The collapse didn't come? Where have you been the last year?
Stevo2444 2 years ago 3
Um. . . . no.
The dollar did not collapse last year. What the fuck are you talking about?
Richardgwm 2 years ago
Uh, do you pay attention to exchange rates? Have you been out of the country. Obviously not, the dollar is at all times lows against competing currencies. Ron Paul and Peter Schiff have been warning about this Financial crisis for 7 years, they called it. Artificially Low interest rates created a market of unqualified sub prime borrowers who couldn't pay back, and subprime derivatives were packaged as triple A and spread throughout the economy along with interest rate derivatives and collapsed.
Stevo2444 2 years ago 2
Oh, that's right. I forgot, you are completely out of touch with reality. Let's review the facts:
In the summer of 2008 it cost $1.60 to buy a Euro. By November, it only cost $1.25. It currently costs $1.42
In the summer of 2008, it cost $2 to buy a British pound. By February, it only cost $1.40. It currently costs $1.65 to buy a British pound.
Those are the facts. The dollar strengthened last year. These facts are not open to debate.
Reality is a hard thing. Ron Paul is a moron.
Richardgwm 2 years ago
Reality is a hard thing, you didn't even realize that within your own comment you admitted inflation and devaluation of our dollar. Inflation and devaluation has gone up since November of last year for the Euro, and since February for the Pound. Those are the facts. And once again, the Federal Reserve by artificially fixing interest rates, the dollar is worth 4 cents of what it was in 1913, Food and gas prices have soared since the 70s when the dollar became the world reserve currency.
Stevo2444 2 years ago 5
There is no hope for you. You have allowed your ideology to entirely cloud your vision. The dollar has NOT collapsed. Those are the facts. Ron Paul has been DEAD WRONG for thirty years. He was DEAD WRONG last year. He is DEAD WRONG now.
The dollar has not collapsed. There is no hyperinflation, We are experiencing DEFLATION and a strengthening dollar.
Those are the facts. They are beyond dispute.
Ron Paul has been wrong for thirty years, and will be wrong for the next thirty years.
Richardgwm 2 years ago
The reason the dollar has remained where it is is because the Fed lent 3 trillion to foreign central banks to prop it up !
And the example given could be taken further, the Euro used to be 1.24 when it was first traded, and before it became official currency, so it's lost almost 50% in 10 years.
There is deflation now because people don't have money so if businesses want to move inventory they have to reduced prices. Soon prices will go through the roof... just look back to the 70's...
Iain1962 2 years ago
Funny that you would mention that, because;
09/03/2002 USD TO EURO 0.991
08/20/2009 USD TO EURO 0.706
And that's a fact. We're talking long term here, keynsians economics can do whole sorts of shennanigans such as BUBBLES, REMEMBER BUBBLES? How do you keep a certain price high? BUBBLE IT UP, through government manipulation. Use your head, god damn it.
ExquisiteDoom 2 years ago 2
No, it has been re-valued up by destroying the housing bubble, but as international currency, $ is no longer as "good as gold", because since Aug 71 we no longer back $ with gold, cause the BANKgangsTERS who run the FED openly sucked it all out to their individual central BANKS. Right in front of our faces for generations, But many nations are quietly talking about the need for a
RESERVE currency OTHER than the Dollar. Go read Anthony Suttons book: "WAR on GOLD"
williamwagener 2 years ago
I see. Ron Paul's "lunacy" wants us to stop invading nations that have NOT attacked us... restore ART 1 commandment to
have no coined money excpet gold and silver.... I'll go with Ron Paul, whether the $ collapses or not. its VALUE has collapsed, 1 penny used to buy a real wheat loaf of bread, Today it takes bout $5 to buy that same loaf. To me , that is a major DE-valuation.
williamwagener 2 years ago
I am not going to tell you that there will be hyperinflation since it is not a certainty as of right now, at least in my opinion. Inflation, however, most definitely. Argentina went through a deflationary period before inflation hit over there.
The US is massively increasing it's money supply with no production to speak of.
But I see you are hopeless, so go ahead and enjoy these "falling prices" with the over 50 million unemployed Americans. Tell them it's all good and dandy.
0oHIZAKIo0 2 years ago 2
Happy belated birthday,Dr. Ron Paul!
vietnamveteranusa 2 years ago
What did Ron Paul say on Health Care???
divinacomedias 2 years ago
wow ron paul is gaining weight he has a bigger belly now
be4unvme 2 years ago
Ron Paul looks like he's about 60 years old, and healthy too. The biking and swimming are keeping him young.
OutlawTomFantastic 2 years ago
Ron Paul is a real leader but has been suppressed by corporate America and special intersts. Ron Paul is a guy that his principles and his vote is not for sale.
czubspenx 2 years ago 4
ron paul is the man!
TheCannabisChannel 2 years ago 4
There was also a fundraiser and rally for Debra Medina, who is running for Governor of Texas 2010, after this rally. Vote for Debra Medina.
MarilynLTT 2 years ago
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Happy birthday you f'n moron. Now gtfo of here before I lose my mind.
burntonion05 2 years ago
Here's hoping Ron Paul will lead a new party to replace the GOP which has become extremely corrupt.
DillonX 2 years ago 4
Dr. Paul will lead the new 3rd party in 2012.
Watch for the rise of the "Progressive Libertarians"
st4ticblu3 2 years ago 4
Ron Paul is a GIANT
The strongest most powerful man on earth. he is changing and saving the entire planet, future generations will benefit from what he has done and is doing. which is saving the whole world from tyranny.
spanishaustralian 2 years ago 13
Now thats what the President should act like.
not like the clown thats in there presently.
wellingtonian 2 years ago 4
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free mason
dimaniak 2 years ago
Dr Paul could lead a populist revolt, today if he wanted. The powers that be should listen to him, before someone else does.
hydin1 2 years ago 5
Wow. Dr. Paul is really good-looking!
LCFlowercandy 2 years ago 4
History in the making right here!
Ron Paul, the Mahatma Ghandi of our nation!
RON PAUL for US PRESIDENT 2012!
SmerkNomGool 2 years ago 8
This has been flagged as spam show
Ron's son, Rand is officially running for Senate in Kentucky. He's having a moneybomb on August 20th, the day of his father's birthday !
Pledge at runrandrun(.)com
phchartrand 2 years ago 2
Once again... Ron Paul stands alone and speaks truth to power. I'm betting America will fall. it has too. there is too much despotism, there needs to be a great cleansing. Until you read and understand the four great documents, you will never be ab,e to vote correctly.
mjs1231 2 years ago
Ron Paul is a historic figure. He single handedly revived Jeffersonian liberty. Ron Paul 2012!
LiveFreeOrDieNow 2 years ago 8
you right man he is the greatest man on the planet right now.
we are watching history unfold he'll be in the record books for hundreds if not thousands of years.
He is Incredible.
spanishaustralian 2 years ago 6
How come noone's boooing? ; )
helpendthefed 2 years ago
He's talking freedom for all, the rights of the people over politicians, bureaucrats, cronyism, the military-industrial complex, ruinous economic policies; why would any thinking person be booing?
leafwatch 2 years ago 3
because he is the good guy.
hydin1 2 years ago 4
RunRandRun (.) com
AUGUST 20th...RAND Paul Money Bomb
freemarket11 2 years ago 8
The view counter at 349? Must be broken...
JohnQPublixx 2 years ago 2
I bought my ticket, but just couldn't get off work. I'm disappointed, but glad there was such a big crowd there.
MarilynLTT 2 years ago
☆☆☆☆☆
I L♥ve Ron Paul !
000stryke3000 2 years ago 7
This has been flagged as spam show
Ron Paul for FREEDOM!!!!!!!
jcNOVA88 2 years ago
Is there a part 2??? I did not see a link.
MobileYogi 2 years ago 2
I was so fortunate to have the front table!
whittvet 2 years ago 3
This was my first time to get to shake RP's hand,my husband and I drove 9 hrs to be there, we help'd decorate the convention Hall! and got to be seated two tables away from the Paul family and Tom Wood's. I all so video'd the full event and will treasure that day forever.
MS1719ms 2 years ago 8
From his first campaign in the seventies, when I was in high school, to today when his statements are being proven out, Ron Paul has remained faithful to his roots and his principles. Never a hint of scandal has landed at his door. He is a great man and a true statesman. I am proud to support him and love him as a true patriot.
The birthday bash was excellent and I'm so glad I went.
AnninHouston 2 years ago 18
I wish I could of made the drive to Galveston from Austin but I was busy with other things.
shiffty1032231 2 years ago 2
What a great man he is. We love you Dr. Paul.
ronheri 2 years ago 17
Wish I could ve been there!!!!!
ronpaulspanish 2 years ago 8