The problem with Bernanke is that he actually does not understand Wall Street. He thinks it is a form of public work -- and not a group of the world's most self-interested, deceptive, manipulative and dangerous sociopaths in history. He is naive at best, dangerous at worst.
Heres How The "Behind The Scene String Pullers" Work Our COuntry As Well As C.I.A. When Need Be ... 1. Cause The Fear ... Aka Terror Attack Within Or Finicial Crysis To Cause People To Get In A "we Gotta DO Something" Mindstate . 2. Have Tha Solution Ready Before The Attack Or Crysis Even COmes About. 3.Pass Thru Foul Laws Thru COngress To Rape Tha Constitution a LiL. 4. Dont Let The Crysis Go To Waste.
Bernanke knew every question months before the interview and had canned and rehearsed answers prepared for ever question. This was not a very good interview at all, but Bernanke would have never agreed to a good interview. But what I want to know is why none of the bankers are in prison where they belong?
Wow you have to be kidding me. "Prices falling is deflation. That is what happend during the Great Depression." Well, prices fell before the great depression 1776-1913 and I don't think we were in a depression for the whole time period. We had the industrial revolution. Falling prices is a good thing and rising prices is a bad thing. It is common sense but the keynesianism economics taught at all the colleges and universities goal is to knock common sense out of you.
Stating that falling prices is good and rising prices is bad is the first sign of ignorance. Falling prices are met with lowered wages since firms earn less and compensate their employees less, real prices does not actually fall.
I know what the problem is. When you have a Hard working skilled laborer making $15 an hour. Then you have a guy sitting at a desk as a CEO making $500 a minute. This is nothing more than a consolidation of wealth. Bernanke and Goldman Sachs work hand in hand to rob and steal.
You guys, I need Bernake deserves the benefit of the doubt here, he's probably among the most capable economist in the US right now.
Also for those of you worried about "printing money", that is how banks works, they create money out of think air when they make loans. Money is created through loans and destroyed when these loans are paid back.
...with the public needing to understand what the FED does and how it does it...
I wonder if Bernake is some sort of Austrian Econ double agent sent into the reserve and whose mission is to, through giving cute tours and interviews, slyly expose the public to the fact that the Federal Reserve of the United States of America is the most destructive and impoverishing bureaucracy in the history of civilization!
@wyang2006 You have no clue what Bernanke is doing you ID10T! The fractional banking system is not working, deflation is fixing to rain down on the world economy. the world bond markets is next in line to collapse. he can't stop it no matter how hard he tries to make interest rates go up. He just passed QE2 and he is talking about QE3 already! because Spain, Belguim, Italy are broke too. Merkel is leaving the E.U. They are shutting down proprietary trading bailout of banks the investment side.
@mrweiwei626 I don't need one. the fact you have added not one single idea to the subject is enough. You might try adding some nextime before smarting off.
What is it with you people. you try and defend some arkane kaizen economics. when all signs point to a total melt down. even Bernanke contradicts his self. QE2 will help stablize the American economy. then says QE3 is in the works to stop the bond melt down.
Are you stupid or dumb, Federal Reserve Act was an act of congress was enacted December 23, 1913, which was signed by President Woodrow Wilson. The Federal Reserve Act created the Federal Reserve System. OMG I know you are from Canada but if you are going to say something about the American Govt, can you please atleast reserach.
It is amazing how many stupid comments are posted about Ben Bernanke and this video. I know I am writing in vain, but please try to get a little bit educated about the Fed and macroeconomics before sharing your ignorance with the world.
how can he say they are not printing money out of thin air. That the money is coming from their reserves? Is he actually telling us that the federal reserve has 8 or 10 TRILLION in it's own reserves????? What am I missing here?
@jimmy40290 Money is printed all the time and has been printed for decades in this manner. The increased rate in paper creation is statistically and pragmatically insignificant is what you are missing here. We are in an environment of bad decisions and worse decisions. Which should be chosen? The bad or the worse? The flood of exaggerative yelling demonizing the Fed is only lending to the misinformed and ignorant and is not being part of the solution.
Bernanke is not just one of the guys. Transparency? Today, the US House of Reps just voted down the Audit the Fed bill, HR 1207 despite promised support. That is exactly what Bernanke wants. He does not have the benefit of US citizens in mind. He has his own agenda, which he shows when he is questioned by Ron Paul, TX Rep. Jetmanrun wrote it well. Bernanke speaks with a forked tongue. Even this news piece speaks of more bailouts. CBS was kind to him in this interview.
@aeiouandxyz If you are not part of the solution, you are part of the problem. The problem with the economy is CONFIDENCE. Money is safe only if we all have "faith" that it is safe. This is how modern banking functions. FEAR is still the the #1 opponent to our recovery.
Watch carefully from 6:47 to 7:24. You'll see the largest production of green-made fire tinder rapped in plastic on pallots. Made in the USA from the Federal Reserve.
None of the folks in financial powers saw this meltdown coming. None, so excuse me if I firmly believe them to be wrong. We are in a financial black hole, I believe it was brought on by the international Centralized banks. For what end? I'll tell you, to consolidate power, real power, the power of creating fiat, monopoly, money.
The Federal Reserve was conceived secretly on Jekyll Island. By whom you may ask?
@chewbaca1989 This is the inevitable outcome when we move more toward a true capitalist economy. Ya'll want true capitalism... Somalia is true capitalism where the market is king. And there were people that saw the meltdown coming...they made a ton of cash when the economy collapsed. People knew it was coming and didn't care because they were making too much money to care about Joe Q. Public.
The problem started back in 1999 when a republican congress proposed a deregulated financial system and Clinton signed it cause the economy was growing. (Financial Services Modernization Act of 1999) Yes Republicans, who are always the ones who want a free deregulated market that is fueled by greed. Greed needs to be regulated. No more pointing fingers, Democrat & Republicans needs to work together instead of bashing on each other. Gridlock and redtapes in Washington is getting old.
@wtong89 You Moron, the problem started 90 years ago! They created a Federal Reserve banking system. You don't know who owns those banks, what they say behind closed doors. and gave them power to make monetary policy.
Glass Steagall was passed so Wallstreet, hedge funds, and banks could steal you blind. You think NAFTA and GAT was passed to help the world? So me one bill thats passed to stop the crisis since Obama took office. you can't the banks own him too!
If you dont know, every government has a central bank. Without the Federal Reserve or any of the central banks, the American and World economy would cirpple. The job of a central bank is to make monteary policy. You do not know how retarded you are sounding. "Gave them power to make monetary policy" THAT IS THEIR JOB. OMG seriously Economics is not your major. Just go be a nurse or something.
@wtong89 You ID10T, America was built without a "Central" bank till the 1920"s
Yo might try and get a real education, qand learn how Central Banks have caused these problems! you sir are either egnorant or plane stupid. Why do you think the world economy is falling apart!
When the industrialization came up there was an explosion of wealth, the gold and silver supply were held back and so was the economic growth. So then some guy decidied to make PRINTED MONEY, so is gonna manage these printed money? So lets take your idea of forgetting the federal reserve and all the central banks in the world, lets say they dont exist. Who will manage our currency, who will manage currency in general?
@wtong89 You don't get it, the "Central" bank does not print money backed by anything other then what they deem the cost should be. thats called price fixing. which is what the Fed does. it sets interest rates, and controls money supply based on consumers buying power. which means if you save your money the fed can cause inflation to eat it up.
One reason Jefferson warned about allowing a central bank that could print its own money. it takes money out of the system through interest it made.
Of Course, the USD is only backed by the philosophy that it is worth something because the federal govt says it does. Honestly there is too much USD in circulation around the world both physically and digitally. Having it backed by gold would cause serious deflation and would devastate our economy simply because we do not have that much gold/silver reserves. Well I know you have your opinions and i respect that. The Federal Reserve exist to make monetary policy, what can we do?
@wtong89 To be honest with deflation coming next year. The scheme will fall under its own arkane weight. when bad bussiness deals or investments are not allowed to fail, cause they are "to big to fail" you know your in trouble. you can't spend Trillions trying to fix it or save it! all that does is take even more money out of the system, and puts in it the hands of a few.
When it does fail, maybe we can put back the banking laws we had. smaller banks, companies, etc.
@wtong89 It's not that complex. we had laws and restrictions in place to stop such behavior. but with so much greed and corrupution these days. it's hard to think about about one family having 100 billion and controlling 40% of the worlds imported goods sane. they let wallstreet and the banks lose on the puplic. with no restrictions on mergers, this is what you get. these people boarder on megalomania.
@wtong89 I think thats what I just posted. those laws and rules were removed in the last 20 years. its one think to send poilticains to Washington with Law degree's and not a damn one of them understands economics beyond balancing a check book! the only one that sticks out as having any idea how the Fed works is Ron Paul. but most dismiss him as some kinda of nut, cause he speaks the Fed language. one can only hope people will get intrested when they are jobless, hoemless, broke and hungry!
@wtong89 the free market is true regulation. When you give power of regulation those you are trying to regulate manipulate the regulators for their own benefit squeezing out competition. Hence the problems we have today.
Call your state AG: Demand he prepare a RICO suite against Greenspan, Paulson, Summers, Geitner, Bernanke, Dodd, AIG, Moody, Fitch (credit rating), and others. People, time to go on the offensive else you will be slaves.
Parting creates beauty On a little path that stretches in the splendor of the rain in the garden Our last oath, shining et enduring In the ephemeral gold of the morning as the spring flowed from the sun In the breath of wind we promise to meet again when we part to life in laughter after tearful death I open the window to receive him Bringing secret glad tidings to my heart Google Jeff Fisher God World Peace Google Tom Heneghan
For the interiew with Bernanke, I would sneak Ron Paul in to do the asking. LOL
sinnieleeonUtube 2 weeks ago
This has been flagged as spam show
All empires failed in history and also their will.
Ultraevil88 1 month ago
The problem with Bernanke is that he actually does not understand Wall Street. He thinks it is a form of public work -- and not a group of the world's most self-interested, deceptive, manipulative and dangerous sociopaths in history. He is naive at best, dangerous at worst.
popothebright 2 months ago
bernanke's masters are very pleased...another puppet. the era of high living was paused...
dellusion are lies we tell that we believe.
kc1964kc 5 months ago
He really looked like Alfred E. Newman when he was young!
STROBdotNET 5 months ago
Heres How The "Behind The Scene String Pullers" Work Our COuntry As Well As C.I.A. When Need Be ... 1. Cause The Fear ... Aka Terror Attack Within Or Finicial Crysis To Cause People To Get In A "we Gotta DO Something" Mindstate . 2. Have Tha Solution Ready Before The Attack Or Crysis Even COmes About. 3.Pass Thru Foul Laws Thru COngress To Rape Tha Constitution a LiL. 4. Dont Let The Crysis Go To Waste.
WholesaleLARRY 7 months ago
ben bernake jewish theif
mrtundra45 8 months ago
END THE FED! END THE FED! END THE FED! Let's put an end to this Cartel starting with BEN!
2010blufish 9 months ago 4
THE PANIC IN 1907 WAS FAKE TO SET UP THE MEETING AT JEKYLL ISLAND YOU FUCKING SCAM ARTIST, THIS MAN NEEDS ARREST
SpreadLiberty 9 months ago
Flagged this video as promoting terrorism.
dghasjkl 11 months ago 2
Bernanke knew every question months before the interview and had canned and rehearsed answers prepared for ever question. This was not a very good interview at all, but Bernanke would have never agreed to a good interview. But what I want to know is why none of the bankers are in prison where they belong?
christo930 1 year ago 2
5:41 The French gave the guillotine to King Louis 16 & Marie Antoinette. Americans should do the same with the banks & financial top brass lol
playbak 1 year ago
Wow you have to be kidding me. "Prices falling is deflation. That is what happend during the Great Depression." Well, prices fell before the great depression 1776-1913 and I don't think we were in a depression for the whole time period. We had the industrial revolution. Falling prices is a good thing and rising prices is a bad thing. It is common sense but the keynesianism economics taught at all the colleges and universities goal is to knock common sense out of you.
hexzerg 1 year ago
@hexzerg
Stating that falling prices is good and rising prices is bad is the first sign of ignorance. Falling prices are met with lowered wages since firms earn less and compensate their employees less, real prices does not actually fall.
ContemplateYourLife 2 months ago
We have exterminated the property owners in Russia. We are going to do the same thing in Europe and America."
(The Jew, December 1925, Zinobit)
Read this book for free to understand their plan,the book is free on internet.
Who Is Esau-Edom.....Who Is Esau-Edom..
MsMihailescu 1 year ago
I know what the problem is. When you have a Hard working skilled laborer making $15 an hour. Then you have a guy sitting at a desk as a CEO making $500 a minute. This is nothing more than a consolidation of wealth. Bernanke and Goldman Sachs work hand in hand to rob and steal.
burlbark 1 year ago
You guys, I need Bernake deserves the benefit of the doubt here, he's probably among the most capable economist in the US right now.
Also for those of you worried about "printing money", that is how banks works, they create money out of think air when they make loans. Money is created through loans and destroyed when these loans are paid back.
DaAceDude 1 year ago
END THE FED!!!
MSCompuServ 1 year ago 2
Hmmm....
A more transparent FED...
...with the public needing to understand what the FED does and how it does it...
I wonder if Bernake is some sort of Austrian Econ double agent sent into the reserve and whose mission is to, through giving cute tours and interviews, slyly expose the public to the fact that the Federal Reserve of the United States of America is the most destructive and impoverishing bureaucracy in the history of civilization!
I like Bernake! He is the best Fed chairman ever!
Brownyman 1 year ago
@wyang2006 You have no clue what Bernanke is doing you ID10T! The fractional banking system is not working, deflation is fixing to rain down on the world economy. the world bond markets is next in line to collapse. he can't stop it no matter how hard he tries to make interest rates go up. He just passed QE2 and he is talking about QE3 already! because Spain, Belguim, Italy are broke too. Merkel is leaving the E.U. They are shutting down proprietary trading bailout of banks the investment side.
WizzRacing 1 year ago
@WizzRacing
HAHAHA oh really, like where wyang2006 said....WHERE IS YOUR Credential?
mrweiwei626 1 year ago
@mrweiwei626 I don't need one. the fact you have added not one single idea to the subject is enough. You might try adding some nextime before smarting off.
What is it with you people. you try and defend some arkane kaizen economics. when all signs point to a total melt down. even Bernanke contradicts his self. QE2 will help stablize the American economy. then says QE3 is in the works to stop the bond melt down.
WizzRacing 1 year ago
@wyang2006 he is THE most powerful person in the world.
ncmedic3 1 year ago
Bernanke is a liar. Anybody who believes what he says is a loser.
jeremyraybrown 1 year ago
I like how he lies and says that the Federal Reserve was created by congress in 1913!
MotionAudio 1 year ago
@MotionAudio
Are you stupid or dumb, Federal Reserve Act was an act of congress was enacted December 23, 1913, which was signed by President Woodrow Wilson. The Federal Reserve Act created the Federal Reserve System. OMG I know you are from Canada but if you are going to say something about the American Govt, can you please atleast reserach.
wtong89 1 year ago 20
It is amazing how many stupid comments are posted about Ben Bernanke and this video. I know I am writing in vain, but please try to get a little bit educated about the Fed and macroeconomics before sharing your ignorance with the world.
magnuspyro 1 year ago
@magnuspyro It is telling the world exactly the type of voter we have today, hyperbolic and misinformed.
Ninetyone11 1 year ago
he sounds so concerned about the pain - but he wont tell his fat greedy bankster chums to back off.
srkh28 1 year ago
gfgfgggggggggggggggggggggggggggggggggggggggggg
bobbyoussofia 1 year ago
gfg
bobbyoussofia 1 year ago
how can he say they are not printing money out of thin air. That the money is coming from their reserves? Is he actually telling us that the federal reserve has 8 or 10 TRILLION in it's own reserves????? What am I missing here?
jimmy40290 1 year ago
@jimmy40290 Money is printed all the time and has been printed for decades in this manner. The increased rate in paper creation is statistically and pragmatically insignificant is what you are missing here. We are in an environment of bad decisions and worse decisions. Which should be chosen? The bad or the worse? The flood of exaggerative yelling demonizing the Fed is only lending to the misinformed and ignorant and is not being part of the solution.
Ninetyone11 1 year ago
Bernanke is not just one of the guys. Transparency? Today, the US House of Reps just voted down the Audit the Fed bill, HR 1207 despite promised support. That is exactly what Bernanke wants. He does not have the benefit of US citizens in mind. He has his own agenda, which he shows when he is questioned by Ron Paul, TX Rep. Jetmanrun wrote it well. Bernanke speaks with a forked tongue. Even this news piece speaks of more bailouts. CBS was kind to him in this interview.
FriarTuck777 1 year ago
very smart
andrewff100 1 year ago
JEW SHOULD OF knowen
galef8 2 years ago
hes such an Angel
majortom321 2 years ago
Hey Ben! if this truly IS "One Nation Under God" you've taken a lot of wealth from "Under"God"'s nose. Stop! Unless you WANT to be Satan!
uturniaphobic 2 years ago
Fuck Bernanke and his lies. He should give the real forecast of the economy and not this false hope of a recovery.
aeiouandxyz 2 years ago
Amen brother.
Organnabis 2 years ago
@aeiouandxyz If you are not part of the solution, you are part of the problem. The problem with the economy is CONFIDENCE. Money is safe only if we all have "faith" that it is safe. This is how modern banking functions. FEAR is still the the #1 opponent to our recovery.
Ninetyone11 1 year ago
Watch carefully from 6:47 to 7:24. You'll see the largest production of green-made fire tinder rapped in plastic on pallots. Made in the USA from the Federal Reserve.
BanGovernment 2 years ago
Comment removed
BanGovernment 2 years ago
Comment removed
jetmanrun 2 years ago
BERNANKE - THE LARGEST CRIMINAL IN US HISTORY. THIS LIAR IS FULL OF SHIT. Watch him carefully and you'll see a 2-pointed tongue exit his mouth.
jetmanrun 2 years ago
None of the folks in financial powers saw this meltdown coming. None, so excuse me if I firmly believe them to be wrong. We are in a financial black hole, I believe it was brought on by the international Centralized banks. For what end? I'll tell you, to consolidate power, real power, the power of creating fiat, monopoly, money.
The Federal Reserve was conceived secretly on Jekyll Island. By whom you may ask?
Book about the Federal Reserve:
The Creature from Jekyll Island
chewbaca1989 2 years ago
@chewbaca1989 yeah
bobbyoussofia 1 year ago
@chewbaca1989 yeah
I read that
bobbyoussofia 1 year ago
@chewbaca1989 This is the inevitable outcome when we move more toward a true capitalist economy. Ya'll want true capitalism... Somalia is true capitalism where the market is king. And there were people that saw the meltdown coming...they made a ton of cash when the economy collapsed. People knew it was coming and didn't care because they were making too much money to care about Joe Q. Public.
Ninetyone11 1 year ago
@Ninetyone11
I don't understand what your babling about. Somalia? Jeez.
chewbaca1989 1 year ago
The problem started back in 1999 when a republican congress proposed a deregulated financial system and Clinton signed it cause the economy was growing. (Financial Services Modernization Act of 1999) Yes Republicans, who are always the ones who want a free deregulated market that is fueled by greed. Greed needs to be regulated. No more pointing fingers, Democrat & Republicans needs to work together instead of bashing on each other. Gridlock and redtapes in Washington is getting old.
wtong89 1 year ago 14
@wtong89
Someone knows their history.
mrweiwei626 1 year ago
@wtong89
Moral Hazard, government regulation creates it end of story.
chewbaca1989 1 year ago
@wtong89 You Moron, the problem started 90 years ago! They created a Federal Reserve banking system. You don't know who owns those banks, what they say behind closed doors. and gave them power to make monetary policy.
Glass Steagall was passed so Wallstreet, hedge funds, and banks could steal you blind. You think NAFTA and GAT was passed to help the world? So me one bill thats passed to stop the crisis since Obama took office. you can't the banks own him too!
WizzRacing 1 year ago
@WizzRacing
If you dont know, every government has a central bank. Without the Federal Reserve or any of the central banks, the American and World economy would cirpple. The job of a central bank is to make monteary policy. You do not know how retarded you are sounding. "Gave them power to make monetary policy" THAT IS THEIR JOB. OMG seriously Economics is not your major. Just go be a nurse or something.
wtong89 1 year ago 4
@wtong89 You ID10T, America was built without a "Central" bank till the 1920"s
Yo might try and get a real education, qand learn how Central Banks have caused these problems! you sir are either egnorant or plane stupid. Why do you think the world economy is falling apart!
WizzRacing 1 year ago
@WizzRacing
When the industrialization came up there was an explosion of wealth, the gold and silver supply were held back and so was the economic growth. So then some guy decidied to make PRINTED MONEY, so is gonna manage these printed money? So lets take your idea of forgetting the federal reserve and all the central banks in the world, lets say they dont exist. Who will manage our currency, who will manage currency in general?
wtong89 1 year ago
@wtong89 You don't get it, the "Central" bank does not print money backed by anything other then what they deem the cost should be. thats called price fixing. which is what the Fed does. it sets interest rates, and controls money supply based on consumers buying power. which means if you save your money the fed can cause inflation to eat it up.
One reason Jefferson warned about allowing a central bank that could print its own money. it takes money out of the system through interest it made.
WizzRacing 1 year ago
@WizzRacing
Of Course, the USD is only backed by the philosophy that it is worth something because the federal govt says it does. Honestly there is too much USD in circulation around the world both physically and digitally. Having it backed by gold would cause serious deflation and would devastate our economy simply because we do not have that much gold/silver reserves. Well I know you have your opinions and i respect that. The Federal Reserve exist to make monetary policy, what can we do?
wtong89 1 year ago
@wtong89 To be honest with deflation coming next year. The scheme will fall under its own arkane weight. when bad bussiness deals or investments are not allowed to fail, cause they are "to big to fail" you know your in trouble. you can't spend Trillions trying to fix it or save it! all that does is take even more money out of the system, and puts in it the hands of a few.
When it does fail, maybe we can put back the banking laws we had. smaller banks, companies, etc.
WizzRacing 1 year ago
@WizzRacing
Capitalism is a complex system. HAHA
wtong89 1 year ago
@wtong89 It's not that complex. we had laws and restrictions in place to stop such behavior. but with so much greed and corrupution these days. it's hard to think about about one family having 100 billion and controlling 40% of the worlds imported goods sane. they let wallstreet and the banks lose on the puplic. with no restrictions on mergers, this is what you get. these people boarder on megalomania.
WizzRacing 1 year ago
@WizzRacing
Back to my theory, a deregulated freemarket system doesnt work. We need laws and regulations.
wtong89 1 year ago
@wtong89 I think thats what I just posted. those laws and rules were removed in the last 20 years. its one think to send poilticains to Washington with Law degree's and not a damn one of them understands economics beyond balancing a check book! the only one that sticks out as having any idea how the Fed works is Ron Paul. but most dismiss him as some kinda of nut, cause he speaks the Fed language. one can only hope people will get intrested when they are jobless, hoemless, broke and hungry!
WizzRacing 1 year ago
@WizzRacing
Lol Ben Bernanke is an Economist though, i dont think he has a law degree.
wtong89 1 year ago
@wtong89 the free market is true regulation. When you give power of regulation those you are trying to regulate manipulate the regulators for their own benefit squeezing out competition. Hence the problems we have today.
PaleoAthletics 1 year ago
This man is a TRUE American through and through.....
hamps7 2 years ago
Time will tell if he's not one that will be tared and feathered.
chewbaca1989 2 years ago
Call your state AG: Demand he prepare a RICO suite against Greenspan, Paulson, Summers, Geitner, Bernanke, Dodd, AIG, Moody, Fitch (credit rating), and others. People, time to go on the offensive else you will be slaves.
patriot4u 2 years ago
@patriot4u Hyperbolic
Ninetyone11 1 year ago
This has been flagged as spam show
LoveAmericaStyle 3 years ago