1983 Ron Paul talks about returning to the Gold Standard

[harnessmusic]

any way to get the raw video from this? the 240p quality is horrible. Would love to have a "HQ" copy for archives if you have one. thanks

[TheArfdog]

@hobatu Btw why do you think the economy will crash? I can't talk to this lomocan guy anymore, he is trying to talk like a scholar, yet it sounds like he just got his degree in internet look-up.

[lomocan]

@hobatu

"because of his competing currencies idea"

You're misconstruing what he means by "competing currencies"; it just means people should be able to trade in anything they want & gov should NOT be able to force them to use "legal currency", for example, if a town all of a sudden decides to use shells as currency to trade amongst themselves then they should be able to do it, right now if you did that, gov may put you in jail at its whim.

[lomocan]

@hobatu

"until you get a nuclear waste disposal site in your backyard"

You mightn't be aware of it but one of the necessary principles of free market that Paul advaocates for includes protection of individuals & their rights from violation by other individuals so no, he wouldn't support someone dumping nuclear material in your backyard

"businesses pay more in currency conversion fees"

There'd be no "currency conversion fees" under REAL gold-standard & free markets system

[lomocan]

@hobatu

I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.

The two enemies of the people are criminals and government

My reading of history convinces me that most bad government results from too much government

- Thomas Jefferson

To suppose that any form of government will secure liberty or happiness without any virtue in the people is a chimerical idea

- James Madison

[lomocan]

@hobatu

"If you read the Manifesto of the Communist Party, it's almost argument by argument Ron Paul"

That's the most ridiculous argument EVER, communism is about control of people by the government while Paul is arguing AGAINST it

"He's basically saying that if you only get rid of the government, everything will magically prosper"

Gov is a LEECH on its citizens, it can't create any because it doesn't engage in any PRODUCTIVE activities & Paul is NOT first American to say so [cont.]

[NinjaForeChrist]

Amazing this man has been speaking the same message for around 30+yrs, when will the majority people start listening.

[TheArfdog]

@hobatu Also a bad example is how he presents "paper" money. Yes, paper money sounds like a stupid concept. But money isn't just plain old paper. It's special paper and banks and society will only honor these special bills. Special in the same way that gold is special. Therefore anything which has a fixed supply like special paper, cigarettes, gold, unicorn shit, can be money. So why not make money easy to carry around instead of some heavy, yet pretty metal?

[TheArfdog]

The US and every major economy of the world has already lived through the ideas that Ron Paul presents. What happens? Chaotic events called Great Depressions and the boom/bust cycle that is basically 2 steps forward, 1 step back.

The Federal Reserve doesn't plan the economy. Population size, education level, and tools among others determine how big a country's economy will be. As those grow, so does the economy, and the Federal Reserve has nothing to do with those factors.

[TheArfdog]

@hobatu Very good points.

[TheArfdog]

The Federal Reserve doesn't centrally plan the money system. It merely keeps it from swinging wildly and destructively. They don't determine the value of the dollar or put more money into circulation because they feel like it. They do it only when the economy is either overheating or underutilized.

[lomocan]

@TheArfdog

"Federal Reserve doesn't centrally plan the money system"

It DOES, it prints money, creates credit & manipulates interest-rates at the whims of its members & their masters.

You should learn about Fractional Reserve Banking & how it "creates" money & how Fed & banks earn interest on money they DON'T HAVE & thereby perpetuating inflation & lowering ordinary people's standard of living by undercutting their purchasinh power; Fed is the reason behind boom-bust-cycle & recessions

[TheArfdog]

@lomocan "Earning interest on money they don't have".... lol. Look bro you need to take at least economics 101. This is the basis of how banks fundamentally work. They use money THAT THEY DONT HAVE and lend it out to make interest on it. Banks are allowed to lend out 10 TIMES as much as they have in deposits. What do you think of that? LOL

Imbalances between supply and demand are the reasons behind boom-bust cycles. Nothing else.

[TheArfdog]

So the price of currency will just follow the ebb and flow of gold prices? Is he retarded? There goes your stability of money right there.

[TheArfdog]

What a dumbass. Did he ever take economics?

[lomocan]

@TheArfdog

"What a dumbass. Did he ever take economics?"

Not Keynesian Economics it seems otherwise he'd be like you, & being a good servant of the politicians & bankers & thinking its ok for them to "create" money

"So the price of currency will just follow the ebb and flow of gold prices? Is he retarded? There goes your stability of money right there"

He's retarded? When you don't know the first thing about REAL gold-standard, under that, there'd be no "gold-prices" to "ebb & flow"

[bjarnet3]

Ron Paul is perfect as he is today. The only President I respect in the whole world is Ron Paul. Ron Paul is my President!

[Questfortruth86]

We need this Ron Paul, passionate and articulate. Not the Ron Paul we have today, I hate to say it, but he's exhausted.

[anarchybro]

maybe true. but perhaps what we really need is to stand up ourselves. become true self-governors. too many of us follow the leader and never lead our selfs.

[jeancilliers]

wow .... he was right. if only everyone had his vision

[jeffcaldwell2]

this video is 3 years older than me.... still voting for him before i saw this...

[silus2000]

The funny thing is that even though he talked about the same thing for 30+ years, as his popularity rose and a few unsavory characters support him, they tried to tear him down because of that. Especially that piece of shit Glenn Beck...his #1 concern of Paul seems to be WHO ELSE supports him, rather WHAT is being supported. Now all of a sudden he seems to be an ally AFTER the race is over. Glenn Beck is the most hated man in America in my book, a deceitful fraud.

[Questfortruth86]

I am almost positive that Glenn Beck's role on Fox is to discredit libertarianism and Austrian economics. This guy is the ultimate whore/actor, who clearly has no principles of his own.

[silus2000]

'Ron Paul...fucking shit up since 1983'

[psalas0378]

Instead of just saying he fucked shit up....why don't you state something to back up your claims?

[silus2000]

Here is a lesson for you... Before making a response with that degree of fury, make sure its well placed. You obviously dont understand the statement.

[psalas0378]

Here is a lesson for you. before just saying some random stuff, why don't you be more specific. Fucking shit up means more than one thing. End of lesson.

[psalas0378]

and fury??? It wasn't even a aggressive question. It was a normal question.

[tfboyle]

God he was so much better at giving speeches back then.

[Rustyshackleford08]

Well he was much younger, lets see what you are like when you are 73.

[DanielMurphy007]

blah blah gold blah blah IRS blah blah we have to limit spending blah blah blah executive power... This guy is SOOO boring, why doesn't he talk about Hope and islamofascist terrorists? I don't need to know about economics, that's the president's job.

[JeddHampton]

... He's RUNNING for president.

[Colt1911Killer]

which is why you should just make him president, he cares about his voters and wants to do things that make the peons life easier while sticking the dildo to small group of greedy people who control most of the worlds wealth.

[tonewah]

The irony is painful.

[Br0k3nS41nt]

I'm pretty sure Daniel is being sarcastic.

[grownKid818]

hahahaha i hope so.. cuz if so that's pretty funny

[theroseofsharon47]

LOL blah blah blah  Wake up America!!!!!

[Atedaze8]

yeah, really.

[painisanillusion7]

you dumbass. seriously. The presidents job is economics? That is so contradictory. The president of the united states has no business fooling around in the economy. Either you are against the principles of the united states and the constitution or you are for them. You are clearly against the principles and foundation of the united states of america.

[DanielMurphy007]

you are the illusion.

[scientistwriter]

no murphy you are an idiot.

[willyrobinson]

hahahaha.

[psalas0378]

Are you kidding me? islamofascist is just an illusion so it can put fear in the american people to follow our corrupt gov't. If we don't understand economics and leave it up to our gov't, they will take advantage of us.

[pbcinla]

Tomorrow (March 18th) marks the date that we left the GOLD STANDARD 40 years ago under Nixon in 1968. I something going on in the Ron Paul campaign to draw attention to this?

With the war, government secrecy, poor economy, and rising inflation it's like 40 years have passed and we've learned nothing.

[sbc2475]

Wow. So Ron Paul has been warning people about monetary problems and issues since the 70's and STILL no one in Washington (or the Fed) seems to allow change to happen. Can we really make a difference? I feel that the only way the majority of Americans will wake up to this harsh reality of fiat money is to have a SEVERE financial crisis in which millions lose EVERYTHING. I love Ron Paul and know that his message will endure. God Bless Dr. Paul and God HELP US ALL!

Ron Paul 4 President 2008!

[dhprince]

The only man in politics on the face of the earth who has the same integrity and solid principles now as he did in 1983 and well before then. If only the founding fathers were around to meet this soon to be President.

[rocksiphone]

WATCH VIDEO: CNBC MAKES FUN OF RON PAUL

[yuhoo7]

ron paul. so badass.

[pontala]

Ron Paul don't flip flop I am sending this men $100 on december 16 let's make it happening!

[dhprince]

LiberTEA is brewing...

[TheArfdog]

@pontala Yeah no flip-flopping even when he's wrong. He has a strong heart, but a dumb ass.

[advancedatheist]

Central planning worked spectacularly in the Soviet Union when it came to capital goods & infrastructure. All those factories, power plants, damns, railroads, ship yards, rocket launchpads etc. didn't just build themselves.

[Waspel2]

Of course they didn't build themselves. They were all built by slave labor.

[JSB103]

What about the labor force of China ans India?

Would you work for two bucks a day and not consider yourself a slave? Those are OUR jobs that got exported over there, you know.

[leitermann]

Certainly, and that's why the Soviet Union is in such good shape today!

[PatriotismIsSlavery]

And racial cleansing worked well in Nazi Germany. What's your point? That legalized plunder of a population's wealth can be concentrated into visible symbols of affluence while leaving the real needs and wants thereby unfulfilled? Point taken.

[josephle2k]

Dr. Paul,

America is in need and ready for you to lead us into Freedom, Prosperity and Peace.

Regards,

(Your RP Revolution Army)

[bronxer78]

A brilliant message for sure, though understandably in 1983 everybody was too busy making too much of the paper money to notice. Now that is not quite the case, and the inflation bubble is about to burst. Times will get darker before they get brighter, but we must assume nevertheless the responsibility of reversion to the Gold Standard in order to safeguard the currency.

[leo1133]

unreal to hear a politician stand by the convictions like this man.........america is filled with too many brainwashed and ignorant people for RON PAUL not to be leading in the polls.....

[tomrdee]

What a flip flopper--NOT

[esfisher]

Impossible. A politician cannot have the same views today as he did 20 years ago. This video is fake! [end sarcasm] ;)