Ron Paul On The Kudlow Report About Bernanke "Gold Is Not Money" Comment

[ecnerwal999]

LIBERTARIANMONARCHY . COM

[GlobalMinority]

END THE FED! 

[LtlChiefThunderCloud]

Some think that Ron Paul is boring. That is because they are looking for the Marlboro studboy and would be OK to be tyrannized by such.

For those who hear Dr Paul's words and ideas, NOTHING could be more exciting, because LIBERTY makes it possible to pursue YOUR dreams.

[lomocan]

@Cleverman50

"banks do not make money"

It's a basic economic concept that everyone should know that ALL banks "create" money under fractional-reserve-banking. Please google "money multiplier".

Please watch this video-series - watch?v=c5Yf3FCZ5FY

I know the guy is a little monotonous speech but still.......

[lomocan]

@Cleverman50

No, we went past gold because govt & banks wanted to control money, it allows govts/politicians to further socialism & get votes while banks make more profits when they're allowed to "create" money, they don't really create it as such, they just dilute the purchasing-power of the money already held by people. Issuing money is THE BIGGEST power anyone can have so no wonder they took over the money-creation. Please see how toilet-paper money comes into being - watch?v=c5Yf3FCZ5FY

[lomocan]

@Cleverman50

Yes, but I'm saying that every currency's exchange price is available at any given time but as I've said, it likely won't be like that people'll most likely use gold & possibly silver for smaller transactions

But my point is that the faster the supply increases, the faster the value goes down & people've used all sorts of stuff as money, coffeebeans, rice, tobacco, cattle, you name it but many settled on gold because it's supply increases VERY slowly thus anti-monetary-inflation

[lomocan]

@Cleverman50

There's no rule saying, we must've one currency, we've global markets don't we, where many many currencies are used AT REAL TIME VALUES but that scenario is unlikely & if legal tender laws which force people to use toilet-paper as money then people'd most likely choose gold & probably silver as money & it wasn't some coincidence that they'd been used as money for such a long time, they'd certain characteristics that made them good form of money, it was like natural selection

[lomocan]

@Cleverman50

Nope, oil's prices rise when it's supply goes down or demand goes up OR when govt & banks starts creating lots of dollars.

You see the prices of goods/services are relative to their supply/demand AND the amount of money in the economy; back in the days, the TOTAL number of dollars in the economy were much much less than what they're now so $1 was worth more & could buy more stuff back then but govt & banks kept on creating more. Why? Because it's profitable to "create" money

[lomocan]

@Cleverman50

Of course, the government & banks have a monopoly on "creating" dollars & they dilute purchasing-power held in the hands of people; it's a simple economic law that if you increase supply of something then it's relative price will go down, same with dollars, the more they create them, the less valuable the dollars are; that's why you could buy much more stuff with same amount of dollars than you can today.

[ikesterman1]

Remember folks the way to stop terroist is Quote from Skippy Bush Just go shopping .while we steal your gold. we don,t need it anymore its not money .and these are the people running our economy ..what a F%%%ing joke ..wow..

[luvmyctd]

The Federal Reserve handed out US taxpayer dollars to Foreign Banks because THE FEDERAL RESERVE IS A FOREIGN OWNED & CONTROLLED BANK!!! You can't really blame them for seizing the opportunity to steal all that money and give it to themselves ... can you?

Wake up people ... we've ALL been duped for far too long!

[tonyteb]

FUCKING CLASSIC

[Leftovervictim1991]

Save Our Sovereignty!

Abolish The Federal Reserve!

Get out of the WTO and UN!

Vote Ron Paul 2012!!

Restore America NOW!!

[TheNova1960]

So, if you go to a pawn shop with your gold they won't give you money? Bernake is a prime example of what a Fed employee is willing to do on national TV...LIE!

[DonKissick1970]

At the 4:58 mark... I'd like to know what else he said.

[lomocan]

@DonKissick1970

I guess he went on about Bretton Woods was so stupid, it was a PHONY "gold-standard" because govt had forbidden Americans from holding gold so it did allow creation of more dollars than the gold govt had & then foreigners realized that & they started taking gold by returning the dollar to the US govt. We DON'T need a govt-controlled gold-standard but one that's determined by the markets & people where gold is freely exchangeable as money amongst all consensual transactions

[DonKissick1970]

Why was part of the interview chopped-out toward the end?

[SuspiciousPatriot]

If we took the average individual and put them in a room with two pallets...

on one - 100 million in US (freshly printed, ink on paper) currency

on the other - 100 million in pure gold

Of the two, which do you think your average person would choose?

God is not money - LOL!

Then why, since the dawn of civilization, has man been using gold as money?

This is how bad and obvious the lies have become.

[hodoprime]

Opt out of the dollar, legalize competing currencies!

[SupraSovereign]

I advocate that the way We The People should get the treasonous unconstitutional wolves is to cut spending, cap and balance the budget. To do this, We should implement a sound stable economic system based in gold and silver, on a state by state basis. That will cut off their purse strings and give it back to the people whom it belongs. To enforce this measure, We must also implement the 2nd amendment.  How? By revitalizing a well regulated state military structure. Search 4 Dr. Edwin Vieira.

[SupraSovereign]

Ron Paul wants We The People to stand up together and get all the unconstitutional treasonous wolves.  He can't them alone. We must stand for the constitution by standing with Hon. Ron Paul.

[HPhenomenal]

is kudlow still on coke?

[SethVandenberg]

MY GOD ! How could anyone with more then two brain cells not vote for Ron Paul. Every single member of Congress should be a philosophical mirror image of this man. I already have his bumper sticker on the Jeep.

Saw three more and got a beep and thumbs up from some guy and his wife.

[christopher19894]

The way Bernanke talks, and all of his mannerisms... it makes me believe he was a really well fed, spoiled little brat while growing up, and still to this day. Spoiled brats with that much power are dangerous; because they will always get their way, and if they don't get their way, they will throw global temper tantrums, usually resulting in the deaths of too many innocent people.

[razalin]

YEA!! GET HIM RON PAUL!! Bernanke is an evil, spineless little weasel that should be arrested for "Crimes Against Humanity"!

"RON PAUL 2012!! or the End of America!!'

[MontagesnMore]

Ron Paul is too young for old people to understand

[carcabe]

@MontagesnMore Love it!!!!

[shotsky94]

@So1othurn Same could be said for platinum

[RJSoftware2000]

It's soo good to hear Ron's side of the story. Like a breath of hope that wish would never end.

[IIDivineShadowII]

Ron Paul is awesome he has a no bullsht appoach to the whole thing & hes gunna win!

[JebBlack2010]

In a so-called 'free country' we need to push for competing currencies and the use of gold and silver as legal tender.....If we can't do this, we're not free!

[ghostKurt]

I'm just afraid of who's going to take Congressman Paul's place once he retires (if he doesn't win the Presidential Election). Who's going to hold the Fed's feet to the fire?

[ghostKurt]

BABABABABABAAAAAAAAAAAAAAAAAAA­AAAAAAAAM!!!!! bernanke got pwned by Dr. Paul!

[barry0033]

NEW VIDEO WITH CHARLIE SCUMBAG VEITCH, PLEASE NOW SPREAD THE WORD ABOUT IT, PLEASE , REALY SPREAD THE WORD !!!!!!!!! PLEASE SPREADTHE WORD

THIS IS ABSOLUTLY UNBILIVIBLE !!!!!!!

AGAIN HE STATE THAT ISLAM MUSLIM ''TERORISTS'' (THE EASTERN BUNNY)DID 9/11.... ITS UNBILIVIBLE !!!!!!!!!!!!

watch?v=GGdKxZwhFFc

[shotsky94]

Gold has no intinsic value.....just sayin...

[So1othurn]

@shotsky94 Gold has an intrinsic value due to the fact that it doesn't rust, that it could be used in manufacturing, that its malleable and can be used as coins easily and its pretty to look at.

[hazeee123]

Ohh nice edit CNBC, cutting out Ron's explanation on what he actually wants to have instead of a gold standard.. Anyone else noticed the edit at the 4:57 mark?

[katsfanman]

Wake UP the sheep and Get Ron Paul In .

[shroomingnewman]

kudlow looks like such a fool

[danbowski40]

Third is a charm BABY Ron Paul 2012!!!

[reaglevids]

thank you SOS3

[jess1up]

Where is the best place to buy gold?

[internate]

@jess1up I prefer goldmoney. It's easy to buy large and small quanities over time (dollar cost averaging).

[reveilleforradicals]

@jess1up

Local dealer or AMPEX or northwestterriy mint

[ThisIsRogueLiberty]

"Fed Head"

XD

[MrLibertad2012]

Ron Paul is the man! President 2012!

[EnduringPoet]

What other Presidential candidate can even go on CNBC and talk about the root failures of our monetary policy like Ron can? Answer: NONE OF THEM. They can talk about fiscal policy all they want, but if they don't tie it in with monetary policy, they cannot fix the problems of our economy. Ron Paul is the only candidate who can.

Ron Paul 2012.

[wcasino]

Get 'em, Ron. Bite a chunk out of Bernanke's butt!

[fauxmocracy]

I am so surprised at how brainwashed Ron Paul supporters aren't

[subversive81]

@fauxmocracy Indeed, have you ever heard such a ridiculous charge as calling RP-people 'Paulbots'? Paul supporters ARE THE MOST POLITICALLY NUANCED GRASSROOTS GROUP, having been both reformed conservatives and liberals! If you want to live in a free country, and you don't want the govt to force other people's views/morality on you, YOU MUST SUPPORT RON PAUL!

[atchisrj1]

@subversive81 My personal favorite name is Paultards. I get that from Socialists all the time.

[atchisrj1]

@fauxmocracy I'm glad I read your comment twice. lol

[strych97]

@fauxmocracy No kidding. This is what the detractor types don't understand: If Ron Paul were to betray his principles and ideas that has garnered all his support, he would immediately (and rightfully) be reviled and loathed by his constituents. It's the ideas of liberty that attract his followers

When Bachman, Pawlenty, Romney or whatever other stooge gets into office, however, they will be supported no matter how badly they betray their "principles". That is what I call brainwashed.

[xitthematrix]

@fauxmocracy The beautiful part? More are waking up every minute. It will hit critical mass this time. Ron Paul for President 2012!

[vechorik]

@fauxmocracy What Obama could do to gold in peoples' hands /watch?v=dbrsI8S4Tro