i dont see any reason why the value of our doller has ever gone down..if it is fairly backed by gold how does it lose value? its a simple question and it leads me to believe that it is all bullshit..there is no way that the central banks of the world and the world banks dont manipulate the values. A sandwhich should still be 5 cents not $7.50
@hailtotheking324 Well...you need to take a lesson in some basic economics...consider the following. If we print 100 tickets. and we have 100 quarters to back those tickets. And we promise that each ticket is worth a quarter right? But if we keep printing more and more tickets..what happens? It's a simplistic explanation but gives an illustration nonetheless. Hope that helps. for the first time, in the past 12 mos, the Canadian dollar was worth more than the US dollar.
@KevinHarlan They will eventually be worthless. It's an inevitability. All fiat currencies come to an end sometime, so your fear-mongering is pointless.
Aside from that fact, those that are wise and chose to put their dollars in actual MONEY will not be affected like those who don't know about the tsunami that's going to take them under.
"they" are bought "they" have no choice they give us the illusion that we get to pick the chairmen but "they" control who is in that seat. the fed owns USA they control the money supply you think "they" would have the power to decide who is in charge.
I don't get it...why they are doing this interrogation? I mean it's better than doing non of this...but they are asking a two-page question and Ben is just answering this with few words, repeating the same year for year, and it's obvious that they are not satisfying...and then, all go home and nothing has changed...it's ridicilious...
excuse me....but if Ben did do the right thing and stop the recession, he would be hung by the elite bankers, and if he does what he is doing now, he would be hung by the people(you and others)
Americans have lost their ability to think on their own. Why is the Federal Reserve so adamantly against an audit? If they had nothing to hide, they wouldn't mind, would they? The fact remains that huge amounts of money is "missing" and Bernake refuses to produce the names of the institutions that receeived the money, or he claims he doesn't know who it was given to.
Please support HR 1207 introduced by Dr. Paul to impose an audit of the Federal Reserve. Also see the book The Creature from Jeckyll Island by G. Edward Griffin, it is the story of the creation of the federal reserve. When you read it you will not only want to audit the Federal Reserve you will adamantly insist on dismantling it immediately and returning this country and the people's money back to the people.
barney frank and ben bernake 2 scumbags in the same building get ron paul and the other real americans out of that building and punish the 2 scumbags responsible for destroying our usa
If anyone is misguided, it's you.. He does not believe America caused 9/11. He believes our government's foreign policy is one of the main causes.
There is a term the CIA uses called "Blowback", which is the violent, unintended consequences suffered by a civil population who perceive attacks upon them as random acts without direct cause; because the public is ignorant of what has been done to provoke revenge against them.
If you would like to learn more about why our foreign policy helps spur the outrage and hate other countries have against us, I suggest you do some research. You could start by opening up a history book.
Our country has a horrible history with the Middle East, which is probably why that is where most hatred of America comes from.
Our government used the CIA to overthrow an elected leader in Iran back in the 50s because he wanted to nationalize his country's oil fields. They then proceeded to replace him with a man who wreaked havoc upon that country's population, simply because he was capitalist-friendly as opposed to communist-friendly.
Then the people of Iran finally fought back and threw him out of power. Our actions in that country and region are what brought about the Iatola Komani and helped spawn terrorism.
Even today, our government has continuously supported and thrown money to dictators who cheat elections, do horrible things to their people, etc. as long as they do what we say, especially in the Middle East. Countries who don't bow to our wants end up like Venezuela or Cuba or Saddam Hussein. Because of this, hatred and terrorism directed toward our country is manifested and carried out. How can you expect this not to happen with a foreign policy like that?
open your close mind and wake up retard they know the real truth we dont . your just another one of their obedient robots pat yourself on the back and quit living in denial
I'm from Australia, can someone please tell me why this man (Ron Paul) is not President. He raises real issues and knows what to do and not false visionary hope.
The reason that Ron Paul didn't become the president is because he was shunned by the Republican party and the main stream media. In the '08 elections I didnt even bother watching the GOP debates because all the GOP candidates except for Dr. Paul were carbon copies of Bush, so I didnt know anything about him, but unfortunately I was caught up in the Obama hype and found out that he was gonna be worse than Bush after I voted for him. :(
You can also partly thank Australian born Rupert Murdoch. He should have known better and to give him a "fair go"...fair go is a common term used in Australia. The fact that FOX news statement is "fair and balanced" is an overstatement. I would rather have seen (and you can argue) Dr Paul and Mike Gravel (D) in the final debate. Both men can think for themselves.
and what about the billions of pennies minted and not part of the count? pennies don't count as they were never backed by gold so if the dollar no longer is backed by gold but airballs what does this make the penny that no longer is made with copper (makes good solder - 1968 then again in 1972 no copper left at all )
BEN says inflation is increase in CPI...but he didnt say why CPI Increases and what fed does and had done recently is going create a inflation doubling the money supply in system ,,,
they didnt make a mistake in 1913. it was a conspiracy. 3 people voted on the fed bill on christmas eve/christmas morning, when no one but they were in the house, because all the other senators were at home with their families.
the federal reserve act was enacted as part of a well executed PLAN. a conspiracy. and its worked pretty well for them so far.
You're not taking into account WHY the other Senators were at home with their families.
This is what happens when the American people vote in people who don't give a damn about preserving our country's Constitutional Republic.
Yes, everything leading up to the Federal Reserve Act was a conspiracy, but the American people are also to blame for their laziness. The Founders left us the RESPONSIBILITY of keeping a Constitutional Republic and they have been failed.
Dr. Ron Paul is not only a gentleman, doctor, scholar, author, orator, father, grandfather, husband but so much more. Although I would love to see Dr. Ron Paul jump the table and scrap with Bernanke, even setting aside the fact he is 72 years old he has way too much class to do so.
tell me about, more "money" going after the same amount of goods is not inflation? Oh no, it is the price of goods, that is inflation, give a fucking break, Ben's little retarded ass.
The US government has full authority to print its own money. Why on earth do we still borrow every single dollar WITH INTEREST and borrow more money to pay the interest also with interest? End the FED, print and distribute our own money at 0 interest, leave the UN, bring our troops home, and get away from the Illuminati's control over our country. We can never get out of debt or hope to stop paying income tax when all of our money is borrowed with interest attached.
You must not know much about inflation or economics.
If we print more money, then what does that do to the dollar? The dollar is already in trouble, the more money that is printed the lower the dollar becomes which drives up inflation and will cause price levels to rise. I dont agree with everything Bernanke does but lets leave the financial decision to people that know what they are talking about!
Where do you think the trillions of dollars of bailout money came from richienana ? The Federal Reserve Printed more money from nothing and devalued our dollars. I never said that the federal reserve should print more money. I said that the United States needs to print its own currency which would have 0 interest (not borrowed from any bank) and get rid of the FEDERAL RESERVE PRIVATE BANK. I know enough about economics to know where the money comes from and to know interest = debt.
according to Greenspan the fed reserve is a private bank and no one branch of government can over rule their decisions. so yeah it makes you wonder why he bothers. i suppose to try and keep his crooked ways under the radar as much as he can. doesnt seem to work anymore though.
keokirhodes is right. The Fed Audit has to happen!
Does anyone know why Bernanke even showed up to be grilled? As a member of a private company not answerable to Congress I thought he would have stayed at home.
Barney Frank is an idiot and big mouth. he is unfit to be a congressman and should be disqualifed for all the damages he has done to the financial system along with banning Greenspan and other wall street crooks from the whole financial system.
Let's just ban ALL dual citizens from holding appointed or elected government offices. That by itself would eliminate most of them since a lot of these clowns are dual US-Israeli citizens.
I love Ron Paul he's always so diplomatic. is he saying that the federal reserve loaned itself money? there was in another post on this same meeting I think the question of, why are we sending half a trillion to foreign banks, isn't that causing false alarms etc? it's like, the fed res does what it wants. now we have this global "new world FINANCIAL order" drum being beat. lol. so dumb. anyone who does not see where this is coming/going is blind.
Bernanke looks like a lost little boy getting SCHOOLED by RON PAUL.
To Bernanke: Look buddy, the bottom line is people are losing their jobs, their homes, their pride, their hope... All over America people are waking up and We made it clear that we want to know what and how are money is being manipulated!
Wth is, we can review everything with the exception of deals made between other foreign central banks, foreign governments, and private corporations.
Ron Paul's H.R. 1207 Transparency of Federal Reserve Act has now over 275 cosponsors, that's over 50% of the House and over 95 Dems cosponsored it too! We can do this! We need to get more involved... it's just e-mailing your representatives and letting them know about your side of the issue and make intelligent irrefutable points. They might not even know about that bill because over 95% of the bills voted on doesn't even get read and passed or rejected. We only need Speaker Pelosi to bring it
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them 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. -THOMAS JEFFERSON
From the second sentence and on... I made a sign quoting TJ and Audit the Fed, Support HR 1207 on the other side in my town's tea party on the 4th of July.
This has been flagged as spam show
Real adults ,watch news like this,children watch main stream media
2020starman 5 months ago
@dotaliens yes..it's called a fiat currency.
davehutchinson67 7 months ago
i dont see any reason why the value of our doller has ever gone down..if it is fairly backed by gold how does it lose value? its a simple question and it leads me to believe that it is all bullshit..there is no way that the central banks of the world and the world banks dont manipulate the values. A sandwhich should still be 5 cents not $7.50
hailtotheking324 1 year ago
@hailtotheking324 Well...you need to take a lesson in some basic economics...consider the following. If we print 100 tickets. and we have 100 quarters to back those tickets. And we promise that each ticket is worth a quarter right? But if we keep printing more and more tickets..what happens? It's a simplistic explanation but gives an illustration nonetheless. Hope that helps. for the first time, in the past 12 mos, the Canadian dollar was worth more than the US dollar.
davehutchinson67 7 months ago
Ending the Fed with cause all your dollars to be worthless, so be careful what you wish for.
KevinHarlan 1 year ago
@KevinHarlan They will eventually be worthless. It's an inevitability. All fiat currencies come to an end sometime, so your fear-mongering is pointless.
Aside from that fact, those that are wise and chose to put their dollars in actual MONEY will not be affected like those who don't know about the tsunami that's going to take them under.
RileyE104 1 year ago 4
@KevinHarlan Fed = Printing of More Money = Inflation = Rise of Prices = Worthless Dollar
Sonnedude 1 year ago
"they" are bought "they" have no choice they give us the illusion that we get to pick the chairmen but "they" control who is in that seat. the fed owns USA they control the money supply you think "they" would have the power to decide who is in charge.
pkimrey 1 year ago
I don't get it...why they are doing this interrogation? I mean it's better than doing non of this...but they are asking a two-page question and Ben is just answering this with few words, repeating the same year for year, and it's obvious that they are not satisfying...and then, all go home and nothing has changed...it's ridicilious...
33gksl33 2 years ago
thats American politics for you
Fenderkicksass 2 years ago
HUNNGG THEM ALL,.
Dantex626 2 years ago 2
This comment has received too many negative votes show
Berneke is the MIT-educated economist. He knows what he is talking about. I wouldn't question his decisions, especially at a time like this
browntown012 2 years ago
@browntown012 -
lol
RileyE104 2 years ago
@browntown012 We all know that all economists agree, and that no one is ever wrong when they have a degree from MIT (gasp!).
AbeChang2 2 years ago
@browntown012 considering where we are at..........It is prime time to question his decisions....
MrMrhead420 1 year ago
@browntown012 Spoken like a true sheep.
junglemike72 1 year ago
Bernanke should be hung.
flagwaver1969 2 years ago 7
excuse me....but if Ben did do the right thing and stop the recession, he would be hung by the elite bankers, and if he does what he is doing now, he would be hung by the people(you and others)
nickcars100 2 years ago
Comment removed
flagwaver1969 2 years ago
userous? stick to english
ABisopht 2 years ago
This has been flagged as spam show
There's more of us!
mikel1982 2 years ago
Americans have lost their ability to think on their own. Why is the Federal Reserve so adamantly against an audit? If they had nothing to hide, they wouldn't mind, would they? The fact remains that huge amounts of money is "missing" and Bernake refuses to produce the names of the institutions that receeived the money, or he claims he doesn't know who it was given to.
Americans need to be outraged.
mikeba6 2 years ago 8
Please support HR 1207 introduced by Dr. Paul to impose an audit of the Federal Reserve. Also see the book The Creature from Jeckyll Island by G. Edward Griffin, it is the story of the creation of the federal reserve. When you read it you will not only want to audit the Federal Reserve you will adamantly insist on dismantling it immediately and returning this country and the people's money back to the people.
RosesAndThorns91 2 years ago 4
barney frank and ben bernake 2 scumbags in the same building get ron paul and the other real americans out of that building and punish the 2 scumbags responsible for destroying our usa
death2nw0 2 years ago
This comment has received too many negative votes show
I'm against Ron Paul because he believes America caused 9/11. Utter bullshit and I can't trust a man this misguided.
palmtreedoc 2 years ago
If anyone is misguided, it's you.. He does not believe America caused 9/11. He believes our government's foreign policy is one of the main causes.
There is a term the CIA uses called "Blowback", which is the violent, unintended consequences suffered by a civil population who perceive attacks upon them as random acts without direct cause; because the public is ignorant of what has been done to provoke revenge against them.
RileyE104 2 years ago
If you would like to learn more about why our foreign policy helps spur the outrage and hate other countries have against us, I suggest you do some research. You could start by opening up a history book.
Our country has a horrible history with the Middle East, which is probably why that is where most hatred of America comes from.
RileyE104 2 years ago
Our government used the CIA to overthrow an elected leader in Iran back in the 50s because he wanted to nationalize his country's oil fields. They then proceeded to replace him with a man who wreaked havoc upon that country's population, simply because he was capitalist-friendly as opposed to communist-friendly.
Then the people of Iran finally fought back and threw him out of power. Our actions in that country and region are what brought about the Iatola Komani and helped spawn terrorism.
RileyE104 2 years ago
Even today, our government has continuously supported and thrown money to dictators who cheat elections, do horrible things to their people, etc. as long as they do what we say, especially in the Middle East. Countries who don't bow to our wants end up like Venezuela or Cuba or Saddam Hussein. Because of this, hatred and terrorism directed toward our country is manifested and carried out. How can you expect this not to happen with a foreign policy like that?
RileyE104 2 years ago 2
palmtree, ever think you might be a little misguided yourself?
alexpx27 2 years ago
open your close mind and wake up retard they know the real truth we dont . your just another one of their obedient robots pat yourself on the back and quit living in denial
death2nw0 2 years ago 3
I'm from Australia, can someone please tell me why this man (Ron Paul) is not President. He raises real issues and knows what to do and not false visionary hope.
ppana 2 years ago 7
The reason that Ron Paul didn't become the president is because he was shunned by the Republican party and the main stream media. In the '08 elections I didnt even bother watching the GOP debates because all the GOP candidates except for Dr. Paul were carbon copies of Bush, so I didnt know anything about him, but unfortunately I was caught up in the Obama hype and found out that he was gonna be worse than Bush after I voted for him. :(
Drathlan 2 years ago
You can also partly thank Australian born Rupert Murdoch. He should have known better and to give him a "fair go"...fair go is a common term used in Australia. The fact that FOX news statement is "fair and balanced" is an overstatement. I would rather have seen (and you can argue) Dr Paul and Mike Gravel (D) in the final debate. Both men can think for themselves.
ppana 2 years ago
and what about the billions of pennies minted and not part of the count? pennies don't count as they were never backed by gold so if the dollar no longer is backed by gold but airballs what does this make the penny that no longer is made with copper (makes good solder - 1968 then again in 1972 no copper left at all )
HoBo2Be 2 years ago
fuck the FED. bring it down.
misternormL 2 years ago 8
Fuckin crooks.
ganx0684 2 years ago 2
BEN says inflation is increase in CPI...but he didnt say why CPI Increases and what fed does and had done recently is going create a inflation doubling the money supply in system ,,,
johnvalentino 2 years ago
Audit the Fed - Uncover the Truth, then END THE FED!! They made a mistake in 1913, it's way overdue to be abolished!
JohnGaltSpeaking1981 2 years ago 8
they didnt make a mistake in 1913. it was a conspiracy. 3 people voted on the fed bill on christmas eve/christmas morning, when no one but they were in the house, because all the other senators were at home with their families.
the federal reserve act was enacted as part of a well executed PLAN. a conspiracy. and its worked pretty well for them so far.
grogros69 2 years ago
You're not taking into account WHY the other Senators were at home with their families.
This is what happens when the American people vote in people who don't give a damn about preserving our country's Constitutional Republic.
Yes, everything leading up to the Federal Reserve Act was a conspiracy, but the American people are also to blame for their laziness. The Founders left us the RESPONSIBILITY of keeping a Constitutional Republic and they have been failed.
RileyE104 2 years ago
END THE FED
thesicko131 2 years ago 13
End the Federal Reserve NOW !!!!!!!!!!!!!!!!!!!
xo4ty 2 years ago 15
Hahaha m1 and m2 are not growing quickly, but the federal reserve quit reporting m3....
Ya wonder WHY???
what a crook.
Go Ron Paul.
crasster1 2 years ago 6
Dr Paul...You are way too nice. It would be great to see you jump over that table and kick his greedy ass.
Let me come in with you as your assistant and I'll gladly do it!!!
VirginianAmerican 2 years ago 4
Dr. Ron Paul is not only a gentleman, doctor, scholar, author, orator, father, grandfather, husband but so much more. Although I would love to see Dr. Ron Paul jump the table and scrap with Bernanke, even setting aside the fact he is 72 years old he has way too much class to do so.
dhprince 2 years ago 3
Who knows what the REAL Money Supply is, because the Fed isn't audited.
Increasing the money supply doesn't cause inflation? Only in the Fed fantasy land!
ABOLISH THE FED NOW!
sciflyer67 2 years ago 5
tell me about, more "money" going after the same amount of goods is not inflation? Oh no, it is the price of goods, that is inflation, give a fucking break, Ben's little retarded ass.
hiphopsocnroc 2 years ago
The US government has full authority to print its own money. Why on earth do we still borrow every single dollar WITH INTEREST and borrow more money to pay the interest also with interest? End the FED, print and distribute our own money at 0 interest, leave the UN, bring our troops home, and get away from the Illuminati's control over our country. We can never get out of debt or hope to stop paying income tax when all of our money is borrowed with interest attached.
MrSavetherepublic 2 years ago 2
You must not know much about inflation or economics.
If we print more money, then what does that do to the dollar? The dollar is already in trouble, the more money that is printed the lower the dollar becomes which drives up inflation and will cause price levels to rise. I dont agree with everything Bernanke does but lets leave the financial decision to people that know what they are talking about!
richienana 2 years ago
Where do you think the trillions of dollars of bailout money came from richienana ? The Federal Reserve Printed more money from nothing and devalued our dollars. I never said that the federal reserve should print more money. I said that the United States needs to print its own currency which would have 0 interest (not borrowed from any bank) and get rid of the FEDERAL RESERVE PRIVATE BANK. I know enough about economics to know where the money comes from and to know interest = debt.
MrSavetherepublic 2 years ago 2
Notice how Bernanke has his pinky to his mouth like DR. Evil?
peepeat 2 years ago
haha
Ironlung916 2 years ago
according to Greenspan the fed reserve is a private bank and no one branch of government can over rule their decisions. so yeah it makes you wonder why he bothers. i suppose to try and keep his crooked ways under the radar as much as he can. doesnt seem to work anymore though.
demonhunter5110 2 years ago
keokirhodes is right. The Fed Audit has to happen!
Does anyone know why Bernanke even showed up to be grilled? As a member of a private company not answerable to Congress I thought he would have stayed at home.
BingleyHall 2 years ago 3
The Fed Reserve maybe be "private" but it works for and with the government. They ARE ANSWERABLE to Congress and US!!
SAVEINNJdotcom 2 years ago 2
Smokescreens. Don't be so naive.
SmokiSounds 2 years ago
bernake is a fucking asshole. a crook and needs to be shot
demonhunter5110 2 years ago 2
happy hunting!
Harov2 2 years ago
Barney Frank is an idiot and big mouth. he is unfit to be a congressman and should be disqualifed for all the damages he has done to the financial system along with banning Greenspan and other wall street crooks from the whole financial system.
kanank13 2 years ago 2
Let's just ban ALL dual citizens from holding appointed or elected government offices. That by itself would eliminate most of them since a lot of these clowns are dual US-Israeli citizens.
dhprince 2 years ago 4
I wish somebody would dirty bomb D.C.
looperdude2009 2 years ago
I love Ron Paul he's always so diplomatic. is he saying that the federal reserve loaned itself money? there was in another post on this same meeting I think the question of, why are we sending half a trillion to foreign banks, isn't that causing false alarms etc? it's like, the fed res does what it wants. now we have this global "new world FINANCIAL order" drum being beat. lol. so dumb. anyone who does not see where this is coming/going is blind.
TheLittletincan 2 years ago 3
I said being beat I meant beaten I suppose. at any rate nwo is the flash phrase of this past year since the "economic collapse" began.
towers fell, get the chip get the chip!
eco collapse, nwo nwo!
lol.
jerks.
TheLittletincan 2 years ago
What about M3 Mr Bernanke? Oh...right ...the Fed conveniently banned the release of M3 information a few years ago. Hmmmm.
Can U say tyranny?
reboottees 2 years ago
Bernanke looks like a lost little boy getting SCHOOLED by RON PAUL.
To Bernanke: Look buddy, the bottom line is people are losing their jobs, their homes, their pride, their hope... All over America people are waking up and We made it clear that we want to know what and how are money is being manipulated!
Wth is, we can review everything with the exception of deals made between other foreign central banks, foreign governments, and private corporations.
We need to e-mail Speaker Pelosi NoW!
keokirhodes 2 years ago 9
Ron Paul's H.R. 1207 Transparency of Federal Reserve Act has now over 275 cosponsors, that's over 50% of the House and over 95 Dems cosponsored it too! We can do this! We need to get more involved... it's just e-mailing your representatives and letting them know about your side of the issue and make intelligent irrefutable points. They might not even know about that bill because over 95% of the bills voted on doesn't even get read and passed or rejected. We only need Speaker Pelosi to bring it
keokirhodes 2 years ago 4
up on the House floor.
keokirhodes 2 years ago
she's a nwo stooge
OpalSerpent 2 years ago
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them 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. -THOMAS JEFFERSON
MyImago 2 years ago 4
From the second sentence and on... I made a sign quoting TJ and Audit the Fed, Support HR 1207 on the other side in my town's tea party on the 4th of July.
keokirhodes 2 years ago
Consumer Price Level - Not the Consumer Price Index? I have not heard of price level before. The CPI would be different.
greatbroad 2 years ago