Ron Paul (LIKE A BOSS): Owns Fed Chairman Ben Bernanke.f4v

[salexmatei]

lol like kings... Ron Paul for president even though I have little to do with he US :)

[N0TEEQUIVOQUES]

Demonstrates how ignorant Ron Paul is

[WillieHandy79]

@N0TEEQUIVOQUES lmao really dude?

[MrAh00362]

HAHAHAHA like a Boss more like an idiot! when you invest your money doesn't go away into thin air; it goes to other parties to invest or consume leaving those people with a debt or liability and you with an asset. People with good credit continue to receive borrowed money because with their resources and intellectual capital they can pay it back!

[MrAh00362]

Gold is a security just like money is a security. Gold is not money because in most countries you dont pay for your goods in gold you pay in cash or currency. gold is worth a certain value just like my golf clubs but you don't see me bartering with my 9 iron for groceries.

[MrAh00362]

Golds an asset just like money is an asset.... ever take accounting.. Which side of the balance sheet does cash and gold go on? Both paper money and gold can go up or down in value.. and yes you can lose money on securities or investment but if your portfolio is diverse more than likely you will make money vs when giving money to consumers to consume there is no way for the federal reserve can get their money back. Financially illiterate people and uneducated people believe ron paul is correct.

[HybridPhoenix08]

@MrAh00362 The US treasury has not discovered the Philosopher's Stone as far as I know, which means they can't keep making more gold until it's worthless. They do, however, have a printing press for cash money and boy, do they sure know how to use it. Don't need an economics book and your head up your ass to know what inflation is.

[MrAh00362]

@HybridPhoenix08 Inflation is the rise of prices; printing money doesn't guarantee the rising of prices; the treasury has mandated an inflation rate of 2%. there are different cause and types such as Demand-pull inflation;Cost-push inflation;Built-in inflation ect... the ability to burn or print money helps keep those uncontrollable factors of inflation from having great effects on inflation rates or deflation rates;keeping the inflation rate steady as appose to negative or zero help the economy

[MrAh00362]

@HybridPhoenix08 But you do need an economics book to know what causes inflation; it's not enough to say "I know what inflation is therefore I should start tell the treasury or Board of Governance (with Ivy League degrees) what to do with our monetary system; How many developed countries use gold as money? 0; None of them flop a gold coin on the counter to buy groceries or anything else for that manner.

[LifeStyleOverDosed]

like a boss....