Dollars and Sense: Fixing Todays Economy With Sound Practices 1 of 5

[IBloodSweatTears]

GOOD ASS LECTURE.

[jabhatta]

Could some one explain to me why he said 1 dollar paper bill = 1 carton of oil whereas 1 dollar silver coin equals 12 cartons of oil. What does that mean - we should start confiscating our silver dollar coins instead ? If I go to a gas store, my coin is not worth anything more than on paper.

[TheJohnBirchSociety]

@jabhatta He's comparing the true value of the paper dollar to that of a dollar that has precious metal backing. In this example, the silver in the silver dollar is worth 12 times that of the paper dollar because of the value of silver.

[accursedheretic]

Funny how the John Birch Society was founded on ROCKEFELLER MONEY. That's right. Why did Rockefeller pay the founder's brother 50 times more for his candy factory than what it was worth? Sorry but we don't buy the gold standard. We are evolved beings that understand that fiat money is the best currency to use when kept in accordance with GDP. Nice try Ron Paul, you can fool most.

[leatherfish2003]

What about the military? They are the biggest part of the deficit ... what about the money congress gets it keeps going up even when we have a recession. This is so one sided ... not a true view of budget, spending, and interest ...sounds more like fear this so i can keep making money off of you.

[Rico8458]

bush the billion dollar man, and obama osama the trillion dollar man. what comes after a trillion? death?

[djscarygary]

Obama is the enemy within, trying to destroy us!!! He must not succeed!!!

[aesopstruth]

The recently revealed AMERO will be the New Continental FIAT currency for North America, which will be used until half of humanity is eliminated, and the other remaining half is enslaved and chipped !!

[cchessmaster]

I wish he would get rid of that gold fringed military flag.

[ruthelator]

The slogan is "No Child Left a Dime".

[jbs4life1]

Thanks John you articulate this topic well