So you can play the SMARTASS all you want and think you are so good and all that, but when you wake up in the morning you still know that you guys have no influence and all you will ever be able to do is spamming others on Youtube with comments until you realize that the only 1 left in the comment board is you.
In case you didn`t know there are EXPERTS the people LISTENS to who talks about those crazy theories talk about, they have a degree in Economics and they have a reputation that stands with it, so that`s why people will listen to them and not you.
Basically you are just a random anonymous YOutube posters trying to make fun of other`s opinon that noone really cares because you don`t got the reputation and the degree to have enough influence.
Not even 1 000 000 people seen your comments, how is that movment? LMAO
Seems to me noone cares about your theories.
You know why??
Because there are actually EXPERTS people listen to who talks about stuff like that in the medias, do you actually think someone will listen to a random anonym Youtube poster like you??
Not even 1 000 000 people seen your comments, how is that movment? LMAO
Seems to me noone cares about your theories.
You know why??
Because there are actually EXPERTS people listen to who talks about stuff like that in the medias, do you actually think someone will listen to a random anonym Youtube poster like you??
If you are angry at the media, for ignoring Ron Paul and the American people, let them know. If your sick of the crap interviews with crap questions directed at Ron Paul, let them know.
@Cantonesefuck His ideas are crazy? So our current state of affairs is sanitiy? Ok cool. Well have fun with that war in Iran, this Iraqi vet doesnt need to kill any more sheephearders.
@Cantonesefuck WRONG DUDE....Before you spout your mouth off, maybe you should do a little research by typing Detroit justifiable homicide 2000% in a Yahoo or Google search. Get your head out of your ass
@Cantonesefuck People like YOU are exactly the problem in the USA ... just like the ppl in this video because you are UNINFORMED!!!!. Do you want prood about the 2000%? Do a Google search with the following keywords : "Detroit Justifiable homicide up 2000%" NEWSFLASH for you..The mainstream media is OWNED by the elites. They tell you what they want to brainwash you with. WAKE UP!! Im DONE...Never argue with an IDIOT...they bring you down to their level, then beat you with VAST EXPERIENCE
@Cantonesefuck People like YOU are exactly the problem in the USA ... just like the ppl in this video because you are UNINFORMED!!!!. Do you want prood about the 2000%? Do a Google search with the following keywords : "Detroit Justifiable homicide up 2000%" NEWSFLASH for you..The mainstream media is OWNED by the elites. They tell you what they want to brainwash you with. WAKE UP!! Im DONE...Never argue with an IDIOT...they bring you down to their level, then beat you with VAST EXPERIENCE
@1Mperios Yeah...should have known that with a name like CANTONESEFUCK...who would take him seriously?? If he wants to keep his head in the sand, he can continue to do that...I am DONE arguing with idiot -asshats. Probably some 30yr old wannabe tough guy living his Mom's basement
@Archangel0804 I doubt he's an idiot, the lack of attention from his parents as a child most likely is affecting his ways of thinking. We shouldn't call those people names, instead try to help them like we do with disabled people.
@1Mperios Yeah maybe so...probably living on disabilty benefits too....definitely a misguided Obama supporter. Have you seen the official report on the Birth Cert issue? PPSIMMONS on Youtube did an incredible video this morning about it....if you want to watch type PPSIMMONS and Birth Certificate in the YT search bar...interesting
@Cantonesefuck Detroit, Chicago and LA are also rampaged with criminals cartels and Gangs..And.what do all 4 have in common? Poor employment situation. In Detroit last year justifiable homicides rose by 2000%...people call the police for break ins and other crimes and the police don't show up for three days. It looks like a war zone there... Good people just want to take care of their family, work and put food on the table. That is why I don't begrudge someone trying to do the right thing.
@Cantonesefuck I lived in Mexico (for work) for two yrs, luckily in resort areas. ;) You laugh but probably don't know exactly what is going on. Mexico has problems because of EDUCATION..not drugs. Drugs have BECOME a problem BECAUSE of the USA and lack of jobs there. You see..yrs ago, Mex was very agricultural, but because of Monsanto, MANY Mex farmers lost their family farms. This is why so many are migrant farm workers here in the USA. Then Monsanto bought up their land for pennies on $
@Cantonesefuck Believe me...I am NOT for drugs or drug use. The ONLY place where I think RP falls short is on his naivety about allowing Iran to have a Nuke. It is not that I am worried about Iran firing a ICBM at the USA...I would be more concerned about the proliferation of nuclear material to all of the terror groups they harbor and support. It would open the possiblity of dirty bombs and suitcase bombs becoming a real threat. A radical Islamic Theocracy government is the real problem
Obama is not helping the economy ( in fact he is making it worse ). But the real culprit , the one we should all be criticizing right now IS THIS MAN. Ben Bernanke , the reason food and energy prices are so DAMN HIGH! keep printing bernanke and run this country into the ground , God knows you are good at it! Want to see a gallon of milk go up before your very eyes ( poof ) Thanks Ben Bernanke! What would we have done without your magic powers! We love paying high prices! ;)
@Retrofanatic10 Just wait. It will get so much worse. I think the plan is to impoverish the people to a point of absolute control over them. It's happened in history many times before and it's happening to the US and Greece now. Italy, Spain, and Portugal are next
@Retrofanatic10 They are BOTH pawns to the Global Elites...you know...the NWO...Obammy and Bernanke are just doing what they are told. Did you see how gold fell $100 an ounce yesterday, but silver didn't budge? Right now Gold prices are also being manipulated. They want people to sell their Gold, & get back in the market, run the market sky high, then crash it....this sucks all of the money out the people's pensions, 401Ks, IRAs..meanwhile the elites buy up the gold & land at firesale prices
@MsH1h1h1h1 Gold is being manipulated temporarily Trust me on this. See my other comment for more detail (above) This is Econ 101....the only Inflation protection =precious metals. With Gas at $5 a gallon, what do you think that will do to your price at the grocery store, the clothing store, the home center or ANYTHING you buy? I will continue to stack...and with it lower, gives great opportunity to BUY MORE
@MsH1h1h1h1 It's being manipulated to suck people back into the stock market...then they crash the market and ppl are left with nothing. No matter what happens...war with Iran, crash of the Euro, Increase in Gas prices at the pump, run away spending, crash of the dollar, removal of the US dollar as the world's reserve currency....all point to either higher inflation or the need to be in precious metals. It is the ONLY sound money
@Archangel0804 I drive a car. The government wants me to drive and have accident and die. that is why they allow cars on the roads. they all want us to die!!!
@MsH1h1h1h1 The Government does not "WANT" you to drive...driving is a privilege in all 50 States. You are allowed to drive because you probably pay taxes, which help fund the roads. But the Government could give a shit less whether you drive or not. And If Obama gets his way with $10/gallon gas instead of exploiting all of our resources (including Fracking outlawed by EPA) then one could go as far to say the Government is actually discouraging A LOT of people from driving
the only person concern the value of the dollar and gold is dr Paul the rest of the population is happy with their credit card and free wellfare food stamps
@sultanchamp Yeah...His Gold dealer works for Blanchard and Company. LOL....I would have to imagine DOCTOR Paul's "other dealer" is the Drug Rep from the OBGYN supply Company...
The freedom, peace and prosperity movement is gaining momentum. Now is the time to step up our efforts.
Ron Paul can and will win IF we all get behind him and give it our all. One man can't do it alone. This is our fight, our cause, our future. The Founding Fathers pledged "our lives, our fortunes and our sacred honor". It will take nothing less today.
@flo43434343 All vampiric elites do this. When they come in contact with someone that sees right through them and all their lies its like seeing daylight and they freak out.
@tjtomkins - Well I'm not a Bernanke groupie but here he embarresses RP. Besides, while you stock pile a precious metal for this fantasy post apocalyptic wasteland you envisage for the future, I will hold barrels of food and water then we'll see in 20, 30 years who has the most "net worth". People hate that we assign paper money value, yet this is exactly what we do with a finite metal, there is no difference; we assign both things "value", gold is useless if you're hungry, value is objective.
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson
Why, by LYING and saying that holding gold is a "tradition" Ask your grandparents who had their gold illegally confiscated in the 30's if they think it's just a tradition.
Yeah, you keep holding Bernanke's toilet-paper (Federal Reserve Notes) & I'll hold equivalent amount in gold & we'll see who has more purchasing-power to buy goods/services 20, 30, 40, ...years down the line
It's simple supply & demand, gold's supply increases very slowly compared to the rate at which banks & govt increase moneysupply (creating money is profitable business you know) which means gold will always retain more purchasing-power in the long-run
--->> Ron Paul 2012 -- MONEY BOMB --- TODAY!! <<---- ronpaul2012 . com
Donate toward preserving the liberties which our government has grossly perverted since the founding of our nation. Help restore our rights and freedoms.
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln
"The only thing necessary for the triumph of evil is for good men to do nothing" Edmund Burke
I went to my bank the other day and I asked the cashier if they take gold. She said no. I said you know what? Do you think gold is money? She said no. I said people on the web are actually debatting that. So she said. I am telling you, gold is not money.
@MsH1h1h1h1 Gold is the only true money...What do they back the dollar with? GOLD That is why all these cash for gold places have been popping up everywhere..We are fixing to see the collapse of the "paper" dollar and the only real currency to buy and trade with will be...Wait for it....GOLD...
Cash for gold are irrelevant. Maybe one day something other than gold will be valuable. When the petrol is out, alsphalt will be expense. When global war happens, food will be expensive again. Gold is only an object, not a value. It is an object that has a value.
@MsH1h1h1h1 WOW...Gold id what money is backed by..I agree among other things..That is what the legal tender is based on though..GOSH..We are printing unbacked money now though..Money right out of thin air..That's going to be the fall of America right there..As far as your statement as to it being only an object..It is a very saught after object, along with silver platinum..ect"Precious metals" has been for 1000's of years, nothing has changed except the crooks have made it into politics. :/
@MsH1h1h1h1 If it is not a value, Then why was there a Gold confiscation in 1933 to shore up our Treasury after the collapse ? Why don't we hold "food, asphalt & oil" in Fort Knox? Why would Obamacare have a clause in it that tracks all precious metals purchases in excess of $600? Why are countries all over the world who are NOT in dire straits (like China and Venezuela, Australia, Chile, etc.) buying gold and also re-patriating their own gold reserves? Our gov't WILL confiscate gold again
@Archangel0804 you could collect Michael Jackson goods, Marylin's lover letters or the Pope's toilette paper. like gold everything have less or more value. gold is one way to keep value and like many other things it has pluses and minuses to hold it. but gold is not money.
@MsH1h1h1h1 And "money" is simply paper. What we call "legal tender" continues to be devalued to the point where it is worth the same as toilet paper...in the 30's during the depression, people wiped their ass with it. However GOLD was worth a ton, until FDR set the price on gold at about 20% of it's real worth, then once the confiscation was over, he tripled the value. Gold has been used as money as thousands of years...it is STILL Money.
@RacistChinesemusicdj I agree with that statement...but here's the deal....multiple States (I believe there are now 8 States) have legislation ON THE BOOKS which would ALLOW precious metals to be used as a form of "legal tender" in the event of a financial collapse. Virginia is one (for sure), as well as Texas, Wyoming and 5 others. Research it and you will find out. Silver bullion coins and gold can be in 1/4 oz, 1/2 oz and 1 oz denominations. It CAN be done. 1 oz bullion is worth about $38
@Archangel0804 USA has 52 States and only 8 States allow that, good luck Ron Paul if he ever gets to the White house, he will finish his whole mandate before he is able to do anything because he will be stuck fighting will all the remaining States.
@RacistChinesemusicdj 52 States? Hmmmm Obama said during his 2008 campaign there was 57 or 58 States. Hahahaha. Last time I checked, there are only 50 States, dude. Besides your statement... IF there was a collapse, the remaining 42 States surely would allow precious metals to be a means of currency. And if not...the people that OWN precious metals would simply USE it as a means of currency....Who cares if the government (either State or Federal) puts their seal of approval on it's use?
@RacistChinesemusicdj The only FACT is that you are a complete idiot. You leave ZERO DOUBT when you state that there are 52 States. You are about as braindeda as our Imposter in Chief saying that he has visited 57 States. There is no point arguing with idiots...First they bring you down to their level, then they beat you with VAST AMOUNTS of experience. The Currency IS failing. The Fed continues to print money out of thin air with no value to back it. This is why Gold has risen over 10 yrs
@RacistChinesemusicdj Do you have PROOF that the currency WON'T fail? Or is this purely conjecture based on drinking the Kool Aid from the fountain of Liberal Lunacy? We are on track to be $18 Trillion in Debt by the end of this year...and if you add in entitlements (Soc Sec, Medicare, Medicaid) we are actually OVER $100 Trillion in debt right now. The Chinese are no longer buying our bonds...so where is the money coming from Einstein?? The Answer is the FED
@Archangel0804 Yeah I am the ONLY 1 listening to you and you didn`t convince me at all LMAO
Even tho you are trying.
So you can call that an EPIC FAIL, because if you think you gonna start a movment with just me, than you are absolutely wrong, that`s if you can convince me and I doubt you could.
Because I know pretty damn well that the currency wont fall apart, it will lower, it will raise and this is the normal process of the market.
The Chinese currency will still remain low in the futur.
@RacistChinesemusicdj I deal with FACTS not opinion or conjecture. In the last ten years, the dollar's value has fallen by 50%. Over the last 7 days, comments in this blog show MANY others share MY same opinion, that RP is right and Bernacke looks like a fool.You need to watch this video, as it may finally open your eyes to the truth...(note the spaces in the URL) ht tp://finance. uncommonwisdomdaily. com/reports/RWR/DEC-VSP/dec-vsp-49.php?ccode&em&s=HUMAN&e=4855104& controls
@Archangel0804 You might think you are so good and all that because you are spamming a retarded video 84k people have seen which was posted the 23 July 2011.
USA has 300 000 000 people, and only 84k potentials people have perhaps seen your non stop spamming??
Well sorry to disappoint you that in the 84k views perhaps 12k is yours LMAO
In conclusion, you can say whatever you want but noone listens.
@RacistChinesemusicdj Hmmmm Apparently YOU are listening. LOL. And IF "84000 potential people" had invested in Gold, ten years ago...there would be 84000 people with a LOT MORE money in their investment portfolio....That is an irrefutable fact
@Archangel0804 You guys even pretend you started a movment??
WHAT?? LMAO
Not even 1 000 000 people seen your comments, how is that movment? LMAO
Seems to me noone cares about your theories.
You know why??
Because there are actually EXPERTS people listen to who talks about stuff like that in the medias, do you actually think someone will listen to a random anonym Youtube poster like you??
@Archangel0804 In case you didn`t know there are EXPERTS the people LISTENS to who talks about those crazy theories talk about, they have a degree in Economics and they have a reputation that stands with it, so that`s why people will listen to them and not you.
Basically you are just a random anonymous YOutube posters trying to make fun of other`s opinon that noone really cares because you don`t got the reputation and the degree to have enough influence.
@MsH1h1h1h1 BTW..The banks do take gold.It is weighed and you are payed it's monetary value per ounce at that time...May have been the specific bank you were dealing with...
I love when zionist Jews get caught red handed haha look at this banking animal ..zionist is the evil hand that dictate evil on earth from Latin,African,to white ..I love reading Jewish response to these sites haha so funny ...as of they don't know
“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.” > excerpt from “Money and Wealth in the New Millennium” by Norm Franz.
@Civsuccess2 thats because of a law fdr made that forced us citizens to turn their gold into the federal reserve (a private corporation) or face 10 years in federal prison.
@imchris5000 your info is outdated. That law has been lifted. You can currently own gold, but you will have problem convincing pp at 7 -11 that it's a legal tender.
@GawdnKountry gold has historically always been money becuz it meets the requirements. It's a good that's rare, precious, highly desired, easily dividable, convenient, & doesnt spoil like food.
money is merely a good that makes transactions easier than bartering. something u can take plenty of with u on trips and be able to use it. so long as it's widely accepted and gold has ALWAYS been accepted to have value.
paper money is merely suppose to be a RECEIPT for a good.
@GawdnKountry the only reason federal reserve notes are worth anything is becuz they're government enforced and are needed for the payment of debts. the government won't recognize competing money.
they have a monopoly over it. that's why they raided the Liberty Dollar even though their dollar was backed by real gold and silver.
I'm Israeli . In our (Mizrahi Jewish) culture it's the traditional rule for every family to try to stock up on gold and store it in a secret place underground. I think reason is because gold works as money in every country in the world. If the government (in the arab world it was often happen) decide to rob you and steal your money, then you can hide gold and carry across to another country. It's a kind of insurance against the government. Diamond and sapphire etc is also used this way
What's really sad is that Bernake looks like he actually believes that gold is not money. Of coures, he and his ilk want everyone to worship paper money only. That's because they can just print more of it any time they want, and thus fund their own wealth agenda, by creating insider trading valued in the trillions. Why pay them interest on our own money? End the FED!
I'm a brit so I don't know that much about Ron Paul, but whether you agree with him or not it seems like he sticks to his beliefs and principles and isn't afraid to take people on regardless of their position in todays society, a quality sadly lacking in most politicians in the west.
let say i went into jungle and discovered a new tribe that never had any communication with outside world, and i want to trade with them for long term. for exchange i offered them either bananas, dollar papers, gold bullion or an elephant. they might choose all except dollar papers. But as time goes they realised that bananas have short "life" span, elephant is too big to "handle" as they relocates frequently, but gold is rare, can be melted into jewelleries and last forever...
@epoxsam83 Who says this tribe will find gold beautiful as jewelery? And if they don't they will pretty much have no practical use for this soft and weak metal at all. They would almost certainly get more use out of steel or copper. Gold only has value because people assign value to it. So in that respect gold really isn't that different from paper money.
@SimaanFreeloader the key difference you missed is that gold is rare, tangible (you can touch it, hold it) and the key thing is no one has found a way to make more of it despite alchemists trying to for centuries. practical uses are for electronics, satellites use them to deflect heat radiation, and even your computer that you're looking at right now has some gold in it. Gold IS valuable for very real practical reasons and it can never be printed and is very rare, and that is why it is valuable.
@Gelyar If gold was used for nothing but practical uses, I doubt it would cost even 50 dollars per ounce. Fact is that 90% of gold is used for either filling up vaults or for jewelery.
And if you ask me, it's a disadvantage rather than an advantage for gold as monetary instrument that it has a relatively fixed supply. For one thing an economy needs a money supply which is growing when the economy itself is growing. Else you run out of money to conduct transactions with.
You got lucky, perhaps. But you can do that with a pair new shoes too. If you do that again and again you'll see that value of gold will fluctuate a lot. But the point here is that gold as a standard was a failure in the past. And Ron should stop quoting Wanniski and get his own point of view. In this video he is quoting Wanniski almost word by word. Nothing original. The USA's problem is not monetary but industrial. We were huge economically because nobody was competing post WWII. Play ball.
@fealgu100 " The USA's problem is not monetary but industrial " to a degree. You will never bring industry back to our shores. PERIOD! To so boldly state monetary policy is not a problem is ludicrous ! I'm a huge opponent of fiat money, of course Congress is in love with it because they no longer must raise taxes in order to raise the debt ceiling. The FRB will LEND them the $ and we will catch it on the back end. Apparently you don't like RP. That's ok ! If you embrace the FRB you're ignorant.
@SethVandenberg Have you ever looked back at how things were before the Federal Reserve was created and got the power the regulate money supply. It was a time of constant banking panics. The Federal Reserve was created in 1913. In the 101 years between then and the creation of the dollar there had been 16 financial crises in the US. In the 98 years since 1913 there have been 2.
@SimaanFreeloader Your response is of no consequence amigo. Prior to the FRB it was a closed system. Congress vs Treasury , No reserves , no money printed , go raise taxes.
The FRB circumvented the inherent nature of Congress to spend beyond their limits. Paper $ which we got interest free is now replaced by fiat $ ( .07 ) per note that is lent at FACE VALUE + PRIME+ COLLATERALIZED for the original loan amt. Kinda getting the picture here ? It is however somewhat of a moot point. THEY WON !
@SimaanFreeloader ' You don't get what I am saying " ? I am not being mean spirited in what I am about to say, however, although you appear to embrace the concept of a central bank you apparently know little of how it actually functions. Lets get specific shall we. PRECISELY " What don't you get " starting from the second paragraph, second sentence?
@SethVandenberg I get you going on about some conspiracy between congress and the Fed (one they are apparently very good at concealing, given the climate of the debate between those two institutions currently) . What I don't get how that has anything to do with the fact that absent an independent central bank, all evidence suggests an economy is much more prone to getting hit by financial crises.
@SimaanFreeloader No conspiracy it's the law. " you don't get is how that has anything to do with ....getting hit by financial crises " financial crises derives from News Paper headlines? The FRB IS THE FINANCIAL CRISES. Ex. YOU are the FRB. Your friend borrows $42. YOU pay .28 to print 2- $20's & 2-1's for your loan you want interest on the $42 plus an oz of gold as collateral and you want your $42 back. YOU have spent .28 and now have 1oz-G+$42 org loan amt + interest = $1820.00 YOU DID WELL
@SethVandenberg Well, if Congress and the Fed collaborates in some way which is hidden for the public, then I would call that a conspiracy. The Fed is supposed to be an independent only bound by it's dual mandate of a stable inflation rate and low unemployment. If the Fed is somehow also driving its policy with the goal of allowing Congress to run permanent fiscal deficits, then that definitely is not within their mandate, and is therefore not allowed by the law.
@SethVandenberg Well, I don't buy the premise, I think the Federal Reserve is an independent institution. If the Fed saw potential for rising inflation in the future, I am certain they would start selling out of their holdings of treasuries, no matter what Congress would think about it. Congress has no power over the Fed except approving its top officials. And I think Bernanke would be perfectly happy to go back to teaching at Princeton, if Congress chose not to approve his appointment again.
@SethVandenberg Well, I don't buy the premise, I think the Federal Reserve is an independent institution. If the Fed saw potential for rising inflation in the future, I am certain they would start selling out of their holdings of treasuries, no matter what Congress would think about it. Congress has no power over the Fed except approving its top officials. And I think Bernanke would be perfectly happy to go back to teaching at Princeton, if Congress chose not to approve his appointment again.
and they hold approximately 50% of said bonds. Contrary to popular belief ,of the 24% held by all foreign entities only 6.2 is held by China. Congress has no power over the fed, hence they may do as they chose. It goes without saying we will see considerable inflation. I believe the only distinction between our views is initially you felt they prevented financial crises where as I feel they are the crises. Nice talking with you.
@SimaanFreeloader Your friend ( Congress ) is not concerned that he just got royally screwed because his neighbors ( American tax payers ) will cover the loan and interest and collateral. It is certainly a tad more complicated but it is a simple and ACCURATE representation of how the FRB does not serve the interests of the American people. Try to keep in mind that I have written lengthy papers on this subject over the past three decades. It is difficult to convey much in a few paragraphs.
@SimaanFreeloader Ron Paul single handedly has brought the subject of the FRB into the light of public scrutiny. America DOES NOT NEED THE FRB and hopefully will come to understand that the current financial mess we are in is not by default but design. Unfortunately MOST Americans are flat stupid or simply don't care. That's okay. All they need do is press a button in 2012 to make RP President. :) Best I can do amigo. If you don't get it, then you just don't get it. Cheers
Gold is back by confidence. If the supply of gold goes up then the confidence on our currency goes down...you don't need gold, you can have grains, shells, everything is about confidence. There was a time when the Dinar was appreciating against the dollar. At that time Iraq did not have central bank, gold, etc. You're an idiot to think gold is a solution. We tried it and it did not work.
Gold is not money. If gold is money then a pair of shoes is money too. Money is a medium of exchange that most people think stores value. I dare anyone to take a piece of gold to the grocery store to purchase an item. And then go to the next store with same amount of gold to buy the same item. See if the clerks will exchange it for the same rate. Can you exchange it? Yes, does it store a practical value, no! Wrong Paul.
@fealgu100 For a big enough chunk of gold, they might exchange the entire store. Gold is more practical considering paper money is depreciating and gold is rising.
Stores won't value money as a medium of exchange if it's worth squat.
So you can play the SMARTASS all you want and think you are so good and all that, but when you wake up in the morning you still know that you guys have no influence and all you will ever be able to do is spamming others on Youtube with comments until you realize that the only 1 left in the comment board is you.
RacistChinesemusicdj 21 hours ago
This has been flagged as spam show
In case you didn`t know there are EXPERTS the people LISTENS to who talks about those crazy theories talk about, they have a degree in Economics and they have a reputation that stands with it, so that`s why people will listen to them and not you.
Basically you are just a random anonymous YOutube posters trying to make fun of other`s opinon that noone really cares because you don`t got the reputation and the degree to have enough influence.
So does Ron Paul
RacistChinesemusicdj 21 hours ago
This has been flagged as spam show
You guys even pretend you started a movment??
WHAT?? LMAO
Not even 1 000 000 people seen your comments, how is that movment? LMAO
Seems to me noone cares about your theories.
You know why??
Because there are actually EXPERTS people listen to who talks about stuff like that in the medias, do you actually think someone will listen to a random anonym Youtube poster like you??
I doubt it.
FACT
RacistChinesemusicdj 21 hours ago
This has been flagged as spam show
You guys even pretend you started a movment??
WHAT?? LMAO
Not even 1 000 000 people seen your comments, how is that movment? LMAO
Seems to me noone cares about your theories.
You know why??
Because there are actually EXPERTS people listen to who talks about stuff like that in the medias, do you actually think someone will listen to a random anonym Youtube poster like you??
I doubt it.
FACT
RacistChinesemusicdj 21 hours ago
This has been flagged as spam show
If you are angry at the media, for ignoring Ron Paul and the American people, let them know. If your sick of the crap interviews with crap questions directed at Ron Paul, let them know.
FOX News room – 212-301-3344
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CNN news desk fax: 404-827-3368
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CBS News – 212-975-4321
CBS News fax – 212-975-1893
judikerr 4 days ago
@Cantonesefuck That still doesn't justify why you shouldn't get headbutted.
1Mperios 6 days ago
@Cantonesefuck His ideas are crazy? So our current state of affairs is sanitiy? Ok cool. Well have fun with that war in Iran, this Iraqi vet doesnt need to kill any more sheephearders.
Gazerich 6 days ago
@Cantonesefuck WRONG DUDE....Before you spout your mouth off, maybe you should do a little research by typing Detroit justifiable homicide 2000% in a Yahoo or Google search. Get your head out of your ass
Archangel0804 6 days ago
This has been flagged as spam show
@Cantonesefuck People like YOU are exactly the problem in the USA ... just like the ppl in this video because you are UNINFORMED!!!!. Do you want prood about the 2000%? Do a Google search with the following keywords : "Detroit Justifiable homicide up 2000%" NEWSFLASH for you..The mainstream media is OWNED by the elites. They tell you what they want to brainwash you with. WAKE UP!! Im DONE...Never argue with an IDIOT...they bring you down to their level, then beat you with VAST EXPERIENCE
Archangel0804 6 days ago
@Cantonesefuck People like YOU are exactly the problem in the USA ... just like the ppl in this video because you are UNINFORMED!!!!. Do you want prood about the 2000%? Do a Google search with the following keywords : "Detroit Justifiable homicide up 2000%" NEWSFLASH for you..The mainstream media is OWNED by the elites. They tell you what they want to brainwash you with. WAKE UP!! Im DONE...Never argue with an IDIOT...they bring you down to their level, then beat you with VAST EXPERIENCE
Archangel0804 6 days ago
@Cantonesefuck The elections are rigged. Won't matter how people vote. We will get the best president money can buy
offkilterent 6 days ago
@offkilterent SPOT ON AGAIN...You are on a roll!! lol
Archangel0804 6 days ago
@Archangel0804 Thanks :)
Nice to receive a positive comment once in a while.
offkilterent 6 days ago
@Cantonesefuck
you appear like a troll dude, I didn't take his figures into consideration but the reasons seem plausible.
1Mperios 1 week ago
@1Mperios Yeah...should have known that with a name like CANTONESEFUCK...who would take him seriously?? If he wants to keep his head in the sand, he can continue to do that...I am DONE arguing with idiot -asshats. Probably some 30yr old wannabe tough guy living his Mom's basement
Archangel0804 6 days ago
@Archangel0804 I doubt he's an idiot, the lack of attention from his parents as a child most likely is affecting his ways of thinking. We shouldn't call those people names, instead try to help them like we do with disabled people.
1Mperios 6 days ago
@1Mperios Yeah maybe so...probably living on disabilty benefits too....definitely a misguided Obama supporter. Have you seen the official report on the Birth Cert issue? PPSIMMONS on Youtube did an incredible video this morning about it....if you want to watch type PPSIMMONS and Birth Certificate in the YT search bar...interesting
Archangel0804 6 days ago
@Cantonesefuck Detroit, Chicago and LA are also rampaged with criminals cartels and Gangs..And.what do all 4 have in common? Poor employment situation. In Detroit last year justifiable homicides rose by 2000%...people call the police for break ins and other crimes and the police don't show up for three days. It looks like a war zone there... Good people just want to take care of their family, work and put food on the table. That is why I don't begrudge someone trying to do the right thing.
Archangel0804 1 week ago
@Archangel0804 the only person that makes sense
1Mperios 1 week ago
@Cantonesefuck I lived in Mexico (for work) for two yrs, luckily in resort areas. ;) You laugh but probably don't know exactly what is going on. Mexico has problems because of EDUCATION..not drugs. Drugs have BECOME a problem BECAUSE of the USA and lack of jobs there. You see..yrs ago, Mex was very agricultural, but because of Monsanto, MANY Mex farmers lost their family farms. This is why so many are migrant farm workers here in the USA. Then Monsanto bought up their land for pennies on $
Archangel0804 1 week ago
@Cantonesefuck Believe me...I am NOT for drugs or drug use. The ONLY place where I think RP falls short is on his naivety about allowing Iran to have a Nuke. It is not that I am worried about Iran firing a ICBM at the USA...I would be more concerned about the proliferation of nuclear material to all of the terror groups they harbor and support. It would open the possiblity of dirty bombs and suitcase bombs becoming a real threat. A radical Islamic Theocracy government is the real problem
Archangel0804 1 week ago
@Cantonesefuck normal thinking MAINSTREAM voters are changing!
offkilterent 1 week ago
Call it tradition, but that Tradition is now over $1700.
johnnieace45 1 week ago
Obama is not helping the economy ( in fact he is making it worse ). But the real culprit , the one we should all be criticizing right now IS THIS MAN. Ben Bernanke , the reason food and energy prices are so DAMN HIGH! keep printing bernanke and run this country into the ground , God knows you are good at it! Want to see a gallon of milk go up before your very eyes ( poof ) Thanks Ben Bernanke! What would we have done without your magic powers! We love paying high prices! ;)
Retrofanatic10 1 week ago
@Retrofanatic10 Just wait. It will get so much worse. I think the plan is to impoverish the people to a point of absolute control over them. It's happened in history many times before and it's happening to the US and Greece now. Italy, Spain, and Portugal are next
offkilterent 1 week ago
@offkilterent SPOT ON!
Archangel0804 6 days ago
@Retrofanatic10 They are BOTH pawns to the Global Elites...you know...the NWO...Obammy and Bernanke are just doing what they are told. Did you see how gold fell $100 an ounce yesterday, but silver didn't budge? Right now Gold prices are also being manipulated. They want people to sell their Gold, & get back in the market, run the market sky high, then crash it....this sucks all of the money out the people's pensions, 401Ks, IRAs..meanwhile the elites buy up the gold & land at firesale prices
Archangel0804 1 week ago
gold is going down
MsH1h1h1h1 1 week ago
@MsH1h1h1h1 Gold is being manipulated temporarily Trust me on this. See my other comment for more detail (above) This is Econ 101....the only Inflation protection =precious metals. With Gas at $5 a gallon, what do you think that will do to your price at the grocery store, the clothing store, the home center or ANYTHING you buy? I will continue to stack...and with it lower, gives great opportunity to BUY MORE
Archangel0804 6 days ago
@MsH1h1h1h1 It's being manipulated to suck people back into the stock market...then they crash the market and ppl are left with nothing. No matter what happens...war with Iran, crash of the Euro, Increase in Gas prices at the pump, run away spending, crash of the dollar, removal of the US dollar as the world's reserve currency....all point to either higher inflation or the need to be in precious metals. It is the ONLY sound money
Archangel0804 2 days ago
@Archangel0804 I drive a car. The government wants me to drive and have accident and die. that is why they allow cars on the roads. they all want us to die!!!
MsH1h1h1h1 2 days ago
@MsH1h1h1h1 The Government does not "WANT" you to drive...driving is a privilege in all 50 States. You are allowed to drive because you probably pay taxes, which help fund the roads. But the Government could give a shit less whether you drive or not. And If Obama gets his way with $10/gallon gas instead of exploiting all of our resources (including Fracking outlawed by EPA) then one could go as far to say the Government is actually discouraging A LOT of people from driving
Archangel0804 2 days ago
The nerve for bernanke to say that gold is "tradition" keep stacking!!!!
MrBryanr323 1 week ago
the only person concern the value of the dollar and gold is dr Paul the rest of the population is happy with their credit card and free wellfare food stamps
MrPlatanoverde 1 week ago
That was awesome. Bernanke looks sillier each time he faces Ron Paul.
shadih007 1 week ago
As serious as Dr. Paul is, I always picture him with a pirate accent saying "NOBODY will come close to me POT OF GOLD!!"
rushrockz 1 week ago
The first guy that was speaking - anyone know who his dealer is?
sultanchamp 1 week ago
@sultanchamp Yeah...His Gold dealer works for Blanchard and Company. LOL....I would have to imagine DOCTOR Paul's "other dealer" is the Drug Rep from the OBGYN supply Company...
Archangel0804 6 days ago
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The freedom, peace and prosperity movement is gaining momentum. Now is the time to step up our efforts.
Ron Paul can and will win IF we all get behind him and give it our all. One man can't do it alone. This is our fight, our cause, our future. The Founding Fathers pledged "our lives, our fortunes and our sacred honor". It will take nothing less today.
Give something. Do something. Then repeat.
ronpaul2012(dot)com ronpaulcountry(dot)com
carcabe 2 weeks ago
the follow up question should be: "How did you get the position you are holding right now?"
MrSeriouslynot 2 weeks ago
tradition....really?
sharinganclan213 3 weeks ago
Bernanke is shaking, literally you can see him shaking. He is terrified. Why??
flo43434343 3 weeks ago
@flo43434343 Bernanke is a good Jewish man with America's best interest at heart. You dumb goy should be ashamed.
MrJewishWarrior 3 weeks ago
@flo43434343 All vampiric elites do this. When they come in contact with someone that sees right through them and all their lies its like seeing daylight and they freak out.
ltajambi 1 week ago
when the economy tanks all these elitist bankers will probably be strung up in the streets. everyone knows what the have done now
python178 4 weeks ago
CLASSIC !!!
iannetta11 4 weeks ago
Let see now, more water-boarding for that Osama bin Bernanke?
ltmikepowell 1 month ago
@tjtomkins - Well I'm not a Bernanke groupie but here he embarresses RP. Besides, while you stock pile a precious metal for this fantasy post apocalyptic wasteland you envisage for the future, I will hold barrels of food and water then we'll see in 20, 30 years who has the most "net worth". People hate that we assign paper money value, yet this is exactly what we do with a finite metal, there is no difference; we assign both things "value", gold is useless if you're hungry, value is objective.
Projectionist101 1 month ago 2
@Projectionist101 FYI, most people who own precious metals have the food and water covered as well.
puapake 2 weeks ago
@Projectionis why not stockpile BOTH??
Archangel0804 6 days ago
fucking owned that bitch
jwka2001 1 month ago
My cousin has more gold in his mouth, that the Federal Reserve Bank owns.
QuangNokonoko 1 month ago
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If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson
peaceandlove0087 1 month ago
Bernake actually has just made Ron Paul look like a complete fool.
Projectionist101 1 month ago
@Projectionist101
Why, by LYING and saying that holding gold is a "tradition" Ask your grandparents who had their gold illegally confiscated in the 30's if they think it's just a tradition.
sandman3131 1 month ago
@Projectionist101
Yeah, you keep holding Bernanke's toilet-paper (Federal Reserve Notes) & I'll hold equivalent amount in gold & we'll see who has more purchasing-power to buy goods/services 20, 30, 40, ...years down the line
It's simple supply & demand, gold's supply increases very slowly compared to the rate at which banks & govt increase moneysupply (creating money is profitable business you know) which means gold will always retain more purchasing-power in the long-run
tjtomkins 1 month ago
"The gold standard, replacing an object we assign abstract value to with another object we assign abstract value to. Flawless."
Projectionist101 1 month ago
"Is gold money?"
"...homina homina homina... chef o' da fyootcha."
1acroyear1 1 month ago
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ronpaul2012hope 1 month ago
I went to my bank the other day and I asked the cashier if they take gold. She said no. I said you know what? Do you think gold is money? She said no. I said people on the web are actually debatting that. So she said. I am telling you, gold is not money.
MsH1h1h1h1 2 months ago
@MsH1h1h1h1 Gold is the only true money...What do they back the dollar with? GOLD That is why all these cash for gold places have been popping up everywhere..We are fixing to see the collapse of the "paper" dollar and the only real currency to buy and trade with will be...Wait for it....GOLD...
disposablefreedom 1 month ago
@disposablefreedom
What do they back the dollar with?
Answer: It is a confidence relationship
Cash for gold are irrelevant. Maybe one day something other than gold will be valuable. When the petrol is out, alsphalt will be expense. When global war happens, food will be expensive again. Gold is only an object, not a value. It is an object that has a value.
MsH1h1h1h1 1 month ago
@MsH1h1h1h1 WOW...Gold id what money is backed by..I agree among other things..That is what the legal tender is based on though..GOSH..We are printing unbacked money now though..Money right out of thin air..That's going to be the fall of America right there..As far as your statement as to it being only an object..It is a very saught after object, along with silver platinum..ect"Precious metals" has been for 1000's of years, nothing has changed except the crooks have made it into politics. :/
disposablefreedom 1 month ago
@MsH1h1h1h1 If it is not a value, Then why was there a Gold confiscation in 1933 to shore up our Treasury after the collapse ? Why don't we hold "food, asphalt & oil" in Fort Knox? Why would Obamacare have a clause in it that tracks all precious metals purchases in excess of $600? Why are countries all over the world who are NOT in dire straits (like China and Venezuela, Australia, Chile, etc.) buying gold and also re-patriating their own gold reserves? Our gov't WILL confiscate gold again
Archangel0804 2 days ago
@Archangel0804 you could collect Michael Jackson goods, Marylin's lover letters or the Pope's toilette paper. like gold everything have less or more value. gold is one way to keep value and like many other things it has pluses and minuses to hold it. but gold is not money.
MsH1h1h1h1 2 days ago
@MsH1h1h1h1 And "money" is simply paper. What we call "legal tender" continues to be devalued to the point where it is worth the same as toilet paper...in the 30's during the depression, people wiped their ass with it. However GOLD was worth a ton, until FDR set the price on gold at about 20% of it's real worth, then once the confiscation was over, he tripled the value. Gold has been used as money as thousands of years...it is STILL Money.
Archangel0804 2 days ago
@Archangel0804 But it`s not gonna be used as everday currency tho
NOt convenient
RacistChinesemusicdj 1 day ago
@RacistChinesemusicdj I agree with that statement...but here's the deal....multiple States (I believe there are now 8 States) have legislation ON THE BOOKS which would ALLOW precious metals to be used as a form of "legal tender" in the event of a financial collapse. Virginia is one (for sure), as well as Texas, Wyoming and 5 others. Research it and you will find out. Silver bullion coins and gold can be in 1/4 oz, 1/2 oz and 1 oz denominations. It CAN be done. 1 oz bullion is worth about $38
Archangel0804 1 day ago
@Archangel0804 USA has 52 States and only 8 States allow that, good luck Ron Paul if he ever gets to the White house, he will finish his whole mandate before he is able to do anything because he will be stuck fighting will all the remaining States.
RacistChinesemusicdj 1 day ago
@RacistChinesemusicdj 52 States? Hmmmm Obama said during his 2008 campaign there was 57 or 58 States. Hahahaha. Last time I checked, there are only 50 States, dude. Besides your statement... IF there was a collapse, the remaining 42 States surely would allow precious metals to be a means of currency. And if not...the people that OWN precious metals would simply USE it as a means of currency....Who cares if the government (either State or Federal) puts their seal of approval on it's use?
Archangel0804 23 hours ago
@Archangel0804 If the currency falls.
It wont. so all you guys do is talk...
Like always HAHAHA
Keep talking, noone listen, did you even notice you were the only 1 talking??
Convincing someone you think??
Nobody gives a crap about what you say, you guys are completely unimportant.
FACT
RacistChinesemusicdj 21 hours ago
@RacistChinesemusicdj The only FACT is that you are a complete idiot. You leave ZERO DOUBT when you state that there are 52 States. You are about as braindeda as our Imposter in Chief saying that he has visited 57 States. There is no point arguing with idiots...First they bring you down to their level, then they beat you with VAST AMOUNTS of experience. The Currency IS failing. The Fed continues to print money out of thin air with no value to back it. This is why Gold has risen over 10 yrs
Archangel0804 20 hours ago
@RacistChinesemusicdj Do you have PROOF that the currency WON'T fail? Or is this purely conjecture based on drinking the Kool Aid from the fountain of Liberal Lunacy? We are on track to be $18 Trillion in Debt by the end of this year...and if you add in entitlements (Soc Sec, Medicare, Medicaid) we are actually OVER $100 Trillion in debt right now. The Chinese are no longer buying our bonds...so where is the money coming from Einstein?? The Answer is the FED
Archangel0804 20 hours ago
@Archangel0804 Yeah I am the ONLY 1 listening to you and you didn`t convince me at all LMAO
Even tho you are trying.
So you can call that an EPIC FAIL, because if you think you gonna start a movment with just me, than you are absolutely wrong, that`s if you can convince me and I doubt you could.
Because I know pretty damn well that the currency wont fall apart, it will lower, it will raise and this is the normal process of the market.
The Chinese currency will still remain low in the futur.
RacistChinesemusicdj 19 hours ago
@RacistChinesemusicdj I deal with FACTS not opinion or conjecture. In the last ten years, the dollar's value has fallen by 50%. Over the last 7 days, comments in this blog show MANY others share MY same opinion, that RP is right and Bernacke looks like a fool.You need to watch this video, as it may finally open your eyes to the truth...(note the spaces in the URL) ht tp://finance. uncommonwisdomdaily. com/reports/RWR/DEC-VSP/dec-vsp-49.php?ccode&em&s=HUMAN&e=4855104& controls
Archangel0804 13 hours ago
@Archangel0804 Ok 1 fact here, Ron Paul is not gonna win and whatever you do and say wont change it.
Obama will win, everyone knows.
RacistChinesemusicdj 12 hours ago
@Archangel0804 Many others share your opinion??
Look dude you are the only 1 here :)
Noone even come here to say: I agree with you.
Why because noone does?
RacistChinesemusicdj 12 hours ago
@Archangel0804 You might think you are so good and all that because you are spamming a retarded video 84k people have seen which was posted the 23 July 2011.
USA has 300 000 000 people, and only 84k potentials people have perhaps seen your non stop spamming??
Well sorry to disappoint you that in the 84k views perhaps 12k is yours LMAO
In conclusion, you can say whatever you want but noone listens.
RacistChinesemusicdj 21 hours ago
@RacistChinesemusicdj Hmmmm Apparently YOU are listening. LOL. And IF "84000 potential people" had invested in Gold, ten years ago...there would be 84000 people with a LOT MORE money in their investment portfolio....That is an irrefutable fact
Archangel0804 20 hours ago
@Archangel0804 You guys even pretend you started a movment??
WHAT?? LMAO
Not even 1 000 000 people seen your comments, how is that movment? LMAO
Seems to me noone cares about your theories.
You know why??
Because there are actually EXPERTS people listen to who talks about stuff like that in the medias, do you actually think someone will listen to a random anonym Youtube poster like you??
I doubt it.
FACT
RacistChinesemusicdj 21 hours ago
@Archangel0804 In case you didn`t know there are EXPERTS the people LISTENS to who talks about those crazy theories talk about, they have a degree in Economics and they have a reputation that stands with it, so that`s why people will listen to them and not you.
Basically you are just a random anonymous YOutube posters trying to make fun of other`s opinon that noone really cares because you don`t got the reputation and the degree to have enough influence.
So does Ron Paul
RacistChinesemusicdj 21 hours ago
@MsH1h1h1h1 ht tp://w ww.youtube.com/watch?v=beQME8aV2e0&feature=related
Archangel0804 2 days ago
@MsH1h1h1h1 BTW..The banks do take gold.It is weighed and you are payed it's monetary value per ounce at that time...May have been the specific bank you were dealing with...
disposablefreedom 1 month ago
Ouch..fatality
Benderrr111 2 months ago
Wow! Owned by RON PAUL!
xilef481 2 months ago
Why does the private Federal Reserve cartel overprint the dollar which steals it's future buying power?.........Tradition! since 1913
Rizky06 2 months ago 5
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@Rizky06
"Why does the private Federal Reserve cartel overprint the dollar which steals it's future buying power?.........Tradition! since 1913"
CLASSIC lol
tjtomkins 1 month ago
who can hear the trembling in bernankes voice
ILLZUKUNT 2 months ago 15
ron paul just fcuking humiliated bernanke.
QofLife69 2 months ago
you can tell he could care less about the interest of our country.
sabbie7 2 months ago
lol,
RP "Why dont they hold diamonds?"
BB "Duh....."
He fucking destroyed him with the last bit. Daaayuum.
ADoseofReality1 2 months ago
Dr. Paul made him look silly
DLwafflemaster 2 months ago 23
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Ron Paul's December 16th money bomb is at 2.3 million (4 million to win).
Donate now, and spread the message!
RapsAlive 2 months ago
Bernake is nothing but evil, lying criminal scum and is in the same catagory as Bernie Madoff! May he rot in hell some day!
Xcorgi 2 months ago 5
I love when zionist Jews get caught red handed haha look at this banking animal ..zionist is the evil hand that dictate evil on earth from Latin,African,to white ..I love reading Jewish response to these sites haha so funny ...as of they don't know
vantagesuck 2 months ago 3
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“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.” > excerpt from “Money and Wealth in the New Millennium” by Norm Franz.
iannetta11 2 months ago
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music4826 2 months ago
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How the US government is destroying the earth
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"THE GREAT DISASTERS"
eliasmouawad 3 months ago
Tradition LOL!!
YiuTeub 3 months ago
This video is amazing. Bernanke can lick the shit as it comes out of my ass.
navethechimp 3 months ago 31
@navethechimp lol do u really want him to lick the shit out of ur ass?
Hatekrew1987 2 months ago
@navethechimp awesome visual, thanks
nickcarter1987 1 month ago
@navethechimp mine too
toetag88 1 week ago
Ben Bernanke thinks gold is not money.
Yet the IMF would LOVE to get hold of Italian gold to pay off Italy's debt.
World bank scammers.
kalidesu 3 months ago
Gold is not money. You go to 7-11 buying stuff and you ask to pay with gold. They won't accept it.
Civsuccess2 3 months ago
@Civsuccess2 thats because of a law fdr made that forced us citizens to turn their gold into the federal reserve (a private corporation) or face 10 years in federal prison.
imchris5000 3 months ago
@imchris5000 your info is outdated. That law has been lifted. You can currently own gold, but you will have problem convincing pp at 7 -11 that it's a legal tender.
Civsuccess2 3 months ago
Gold is not money? It is a precious metal! And federal reserve notes are precious paper?
MrBullfrog9876 3 months ago
Bernacke -- 1
Paul -- Moron
sjl62 3 months ago
@sjl62 ,,,and you're a fuckin' idiot.
FeldwebelWolfenstool 3 months ago 5
@FeldwebelWolfenstool It's true that I misspelled Bernanke's name; not a great way to back up one's own credibility.
sjl62 3 months ago
Let my Goyum go - G-d
SupraSovereign 3 months ago
Yeah! Paul- slap him stupid!
Theshamus001 4 months ago
Pegging the dollar to gold would just be another form of currency manipulation.
ironicdialogue 4 months ago
Yes, the "tradition" of ripping people off with inflation.
bschou 4 months ago
why do you eat food with your mouth?
Well, its tradition!
straty01 4 months ago
God the silence was all you needed. Ron you got him!!!! Tradition lol wow
k31rifleman 4 months ago
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The price US soldiers are paying
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eliasmouawad 4 months ago
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Hesheli27 4 months ago
the girl in the back at 0:58 is loling
AlexHill3325 4 months ago
So if we discovered a Planet made of Gold
& if we brough back that Gold to earth
& filled a Huge cave somewhere w/ Gold
would our economy suddenly be solved & everyone could eventually retire & live rich ?
cant we just pretend the moneys there ?
would that not be better than idf it were there & we didnt know it ?
I like ron paul, but the dollar holds value cause we agree to honor it,
GawdnKountry 4 months ago
@GawdnKountry gold has historically always been money becuz it meets the requirements. It's a good that's rare, precious, highly desired, easily dividable, convenient, & doesnt spoil like food.
money is merely a good that makes transactions easier than bartering. something u can take plenty of with u on trips and be able to use it. so long as it's widely accepted and gold has ALWAYS been accepted to have value.
paper money is merely suppose to be a RECEIPT for a good.
dab0331 4 months ago
@GawdnKountry basing paper money on gold means its value is determined by THE MARKET. not by some politician.
if gold was ever to become worthless (for whatever reason) than u can substitute the dollars value for another good... like say... diamonds.
hell u can even base it off of how many Ferraris the US owns if u want, becuz historically indians even used feathers as money.
dab0331 4 months ago
@GawdnKountry fiat money will only have real market value the day trees are as rare as gold.
or as in the movie "Water World" the day trees are as rare as dirt.
dab0331 4 months ago
@dab0331 Then let me trade you 2 lbs of dirt for 2lbs of 100 dollar bills
GawdnKountry 3 months ago
@GawdnKountry ok but they're zimbabwe bills which wont even buy u a loaf of bread.
dab0331 3 months ago
@GawdnKountry the only reason federal reserve notes are worth anything is becuz they're government enforced and are needed for the payment of debts. the government won't recognize competing money.
they have a monopoly over it. that's why they raided the Liberty Dollar even though their dollar was backed by real gold and silver.
dab0331 3 months ago
The Aztecs did not consider Gold money they saw it as a decoration.
kulan2 4 months ago
I'm Israeli . In our (Mizrahi Jewish) culture it's the traditional rule for every family to try to stock up on gold and store it in a secret place underground. I think reason is because gold works as money in every country in the world. If the government (in the arab world it was often happen) decide to rob you and steal your money, then you can hide gold and carry across to another country. It's a kind of insurance against the government. Diamond and sapphire etc is also used this way
chalitzah 4 months ago 5
What's really sad is that Bernake looks like he actually believes that gold is not money. Of coures, he and his ilk want everyone to worship paper money only. That's because they can just print more of it any time they want, and thus fund their own wealth agenda, by creating insider trading valued in the trillions. Why pay them interest on our own money? End the FED!
1tuuber 5 months ago 2
@Elliotvisualeffects not printing any money and shoving a couple hundred back up ben bernankes ass will cause deflation :D
dyingtolive123 5 months ago
I know why I am holding gold, and it's not for traditions sake. Gold is money.
paulrprichard 5 months ago
@paulrprichard so in other words the reason you're holding gold is because it's an asset, just like Bernanke said.
wolver9999 4 months ago
@wolver9999 Yep saving my assets. When the fiat currency system collapses just how many people in the West will have gold/silver for barter ?
paulrprichard 4 months ago
@Elliotvisualeffects Do you even know what Deflation means?
iFullMetalJacket 5 months ago
66,666th viewer. I feel weird.
jgonz185 5 months ago
I'm a brit so I don't know that much about Ron Paul, but whether you agree with him or not it seems like he sticks to his beliefs and principles and isn't afraid to take people on regardless of their position in todays society, a quality sadly lacking in most politicians in the west.
bagglebollocks 5 months ago 39
let say i went into jungle and discovered a new tribe that never had any communication with outside world, and i want to trade with them for long term. for exchange i offered them either bananas, dollar papers, gold bullion or an elephant. they might choose all except dollar papers. But as time goes they realised that bananas have short "life" span, elephant is too big to "handle" as they relocates frequently, but gold is rare, can be melted into jewelleries and last forever...
epoxsam83 5 months ago
@epoxsam83 Who says this tribe will find gold beautiful as jewelery? And if they don't they will pretty much have no practical use for this soft and weak metal at all. They would almost certainly get more use out of steel or copper. Gold only has value because people assign value to it. So in that respect gold really isn't that different from paper money.
SimaanFreeloader 5 months ago
@SimaanFreeloader the key difference you missed is that gold is rare, tangible (you can touch it, hold it) and the key thing is no one has found a way to make more of it despite alchemists trying to for centuries. practical uses are for electronics, satellites use them to deflect heat radiation, and even your computer that you're looking at right now has some gold in it. Gold IS valuable for very real practical reasons and it can never be printed and is very rare, and that is why it is valuable.
Gelyar 5 months ago
@Gelyar If gold was used for nothing but practical uses, I doubt it would cost even 50 dollars per ounce. Fact is that 90% of gold is used for either filling up vaults or for jewelery.
And if you ask me, it's a disadvantage rather than an advantage for gold as monetary instrument that it has a relatively fixed supply. For one thing an economy needs a money supply which is growing when the economy itself is growing. Else you run out of money to conduct transactions with.
SimaanFreeloader 5 months ago
I really appreciate how Ron Paul ask those intimidating question for Bernanke ;)
But for those who think that gold is the solution, here's something you should see :)
/watch?v=vVkFb26u9g8 part one of five
draksenzakura 5 months ago
You got lucky, perhaps. But you can do that with a pair new shoes too. If you do that again and again you'll see that value of gold will fluctuate a lot. But the point here is that gold as a standard was a failure in the past. And Ron should stop quoting Wanniski and get his own point of view. In this video he is quoting Wanniski almost word by word. Nothing original. The USA's problem is not monetary but industrial. We were huge economically because nobody was competing post WWII. Play ball.
fealgu100 6 months ago
@fealgu100 " The USA's problem is not monetary but industrial " to a degree. You will never bring industry back to our shores. PERIOD! To so boldly state monetary policy is not a problem is ludicrous ! I'm a huge opponent of fiat money, of course Congress is in love with it because they no longer must raise taxes in order to raise the debt ceiling. The FRB will LEND them the $ and we will catch it on the back end. Apparently you don't like RP. That's ok ! If you embrace the FRB you're ignorant.
SethVandenberg 6 months ago
@SethVandenberg Have you ever looked back at how things were before the Federal Reserve was created and got the power the regulate money supply. It was a time of constant banking panics. The Federal Reserve was created in 1913. In the 101 years between then and the creation of the dollar there had been 16 financial crises in the US. In the 98 years since 1913 there have been 2.
SimaanFreeloader 5 months ago
@SimaanFreeloader Your response is of no consequence amigo. Prior to the FRB it was a closed system. Congress vs Treasury , No reserves , no money printed , go raise taxes.
The FRB circumvented the inherent nature of Congress to spend beyond their limits. Paper $ which we got interest free is now replaced by fiat $ ( .07 ) per note that is lent at FACE VALUE + PRIME+ COLLATERALIZED for the original loan amt. Kinda getting the picture here ? It is however somewhat of a moot point. THEY WON !
SethVandenberg 5 months ago
@SethVandenberg No I don't get what you saying. Are you saying that financial crises are good for society, or what?
SimaanFreeloader 5 months ago
@SimaanFreeloader ' You don't get what I am saying " ? I am not being mean spirited in what I am about to say, however, although you appear to embrace the concept of a central bank you apparently know little of how it actually functions. Lets get specific shall we. PRECISELY " What don't you get " starting from the second paragraph, second sentence?
SethVandenberg 5 months ago
@SethVandenberg I get you going on about some conspiracy between congress and the Fed (one they are apparently very good at concealing, given the climate of the debate between those two institutions currently) . What I don't get how that has anything to do with the fact that absent an independent central bank, all evidence suggests an economy is much more prone to getting hit by financial crises.
SimaanFreeloader 5 months ago
@SimaanFreeloader No conspiracy it's the law. " you don't get is how that has anything to do with ....getting hit by financial crises " financial crises derives from News Paper headlines? The FRB IS THE FINANCIAL CRISES. Ex. YOU are the FRB. Your friend borrows $42. YOU pay .28 to print 2- $20's & 2-1's for your loan you want interest on the $42 plus an oz of gold as collateral and you want your $42 back. YOU have spent .28 and now have 1oz-G+$42 org loan amt + interest = $1820.00 YOU DID WELL
SethVandenberg 5 months ago
@SethVandenberg Well, if Congress and the Fed collaborates in some way which is hidden for the public, then I would call that a conspiracy. The Fed is supposed to be an independent only bound by it's dual mandate of a stable inflation rate and low unemployment. If the Fed is somehow also driving its policy with the goal of allowing Congress to run permanent fiscal deficits, then that definitely is not within their mandate, and is therefore not allowed by the law.
SimaanFreeloader 5 months ago
@SimaanFreeloader Correct ! So what does one do about that ? You will find no interest from your alleged representative.
SethVandenberg 5 months ago
@SethVandenberg Well, I don't buy the premise, I think the Federal Reserve is an independent institution. If the Fed saw potential for rising inflation in the future, I am certain they would start selling out of their holdings of treasuries, no matter what Congress would think about it. Congress has no power over the Fed except approving its top officials. And I think Bernanke would be perfectly happy to go back to teaching at Princeton, if Congress chose not to approve his appointment again.
SimaanFreeloader 5 months ago
@SethVandenberg Well, I don't buy the premise, I think the Federal Reserve is an independent institution. If the Fed saw potential for rising inflation in the future, I am certain they would start selling out of their holdings of treasuries, no matter what Congress would think about it. Congress has no power over the Fed except approving its top officials. And I think Bernanke would be perfectly happy to go back to teaching at Princeton, if Congress chose not to approve his appointment again.
SimaanFreeloader 5 months ago
@SimaanFreeloader Correct they are an independent institution,
and they hold approximately 50% of said bonds. Contrary to popular belief ,of the 24% held by all foreign entities only 6.2 is held by China. Congress has no power over the fed, hence they may do as they chose. It goes without saying we will see considerable inflation. I believe the only distinction between our views is initially you felt they prevented financial crises where as I feel they are the crises. Nice talking with you.
SethVandenberg 5 months ago
@SimaanFreeloader Your friend ( Congress ) is not concerned that he just got royally screwed because his neighbors ( American tax payers ) will cover the loan and interest and collateral. It is certainly a tad more complicated but it is a simple and ACCURATE representation of how the FRB does not serve the interests of the American people. Try to keep in mind that I have written lengthy papers on this subject over the past three decades. It is difficult to convey much in a few paragraphs.
SethVandenberg 5 months ago
@SimaanFreeloader Ron Paul single handedly has brought the subject of the FRB into the light of public scrutiny. America DOES NOT NEED THE FRB and hopefully will come to understand that the current financial mess we are in is not by default but design. Unfortunately MOST Americans are flat stupid or simply don't care. That's okay. All they need do is press a button in 2012 to make RP President. :) Best I can do amigo. If you don't get it, then you just don't get it. Cheers
SethVandenberg 5 months ago
Gold is back by confidence. If the supply of gold goes up then the confidence on our currency goes down...you don't need gold, you can have grains, shells, everything is about confidence. There was a time when the Dinar was appreciating against the dollar. At that time Iraq did not have central bank, gold, etc. You're an idiot to think gold is a solution. We tried it and it did not work.
fealgu100 6 months ago
Owned! Wow Ron Paul exposed & made a fool of Bernanke in that short exchange! Hahahaha!
xAVRx 6 months ago
RON PAUL 2012! HONESTY AND LIBERTY!
driv1937 6 months ago
Ron Paul went easy on him. Bernanke was starting to sweat.
"Uhh, it's tradition". Good one
dc202009 6 months ago
Gold is not money. If gold is money then a pair of shoes is money too. Money is a medium of exchange that most people think stores value. I dare anyone to take a piece of gold to the grocery store to purchase an item. And then go to the next store with same amount of gold to buy the same item. See if the clerks will exchange it for the same rate. Can you exchange it? Yes, does it store a practical value, no! Wrong Paul.
fealgu100 6 months ago
@fealgu100 read the consitution and you'll see that silver and gold are the only valuable money
JeremiahLawrenceTV 6 months ago
@fealgu100 For a big enough chunk of gold, they might exchange the entire store. Gold is more practical considering paper money is depreciating and gold is rising.
Stores won't value money as a medium of exchange if it's worth squat.
dc202009 6 months ago