Added: 1 year ago
From: malekanoms
Views: 5,134,977
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (10,069)

Sign In or Sign Up now to post a comment!
  • is the ben bernanke real? no he is a figment of our imagination. VOTE RON PAUL! 2012!

  • I'm in a dilemma... I was thinking by myself who has a more destructive policy, Nobama or the Bernank... I think it's pretty close.

  • this is why the plumber is smarter than the ben bernanke.

  • "You must be shidding me." lol

  • The gov't is run by special interest groups and lobbyists along with former financial execs that have taken low paying gov't jobs so they can sell all their restricted stock. Nobody in gov't gives a crap about the people.

  • That was probably one of the worst explanations for deflation I have ever come across. When deflation occurs people make less money. If they make less money it becomes harder to pay off debt because they are being given less money to pay back the same amount of debt. Also as prices fall people are less incentivized to spend money as they expect to see prices continue to fall. This reduces consumption which is ultimately what our economy relies on.

  • The most shocking series in history

    Search For

    "THE GREAT DISASTERS"

  • The president does not appoint the head of the Fed. The president merely approves or disapproves whoever the Fed appoints.

  • @cunnidvd true.

  • I think it was a bunch of combined policies that "blew up the economy". The repeal of Glass/Steagal by Clinton. Also Alan Greenspan was responsible the Fed's decisions previous to Bernanke. The problems go back further than 2008 and have more causes.

  • Deflation is bad because people cant pay of debt because the dollars they borrowed are worth less and now its harder to pay off debt, there is also people holding of on investiment (because predicting prices will continue to lower) so that also leads to more problems. Deflation is in fact worse than deflation

  • CPI (consumer price index) inflation rate does not include energy and food.

  • @drchristopher7 You are thinking of core CPI

  • @2002lees Actually it did. Unemployment is down, although still too high. The stock market and real estate market are rebounding. Study what happened in 1929 and you'll realize going the other way would have made things worse.

  • 2 things on youtube... Trolls and Ron Paul bots... ugh.

  • these two should fuck.

    and make a video of it.

  • FUCK HEALTH CARE LET EVERYONE DIEEEEEEEEEEEEE

    /not serious

  • Ron Paul 2012!

  • Good stuff.  Check out my newly made videos on the economic system and world events! My fractional reserve video explains this also. Lots more videos currently being uploaded. Subscribe!

  • what a motherf@*#( scam this whole economy is.... the reason why this video is so funny cause it's so goddamned true

  • @elcapitano75 And there you are wrong. If you believe this video, you haven't really learned anything about economics.

  • @2002lees What do you mean it didn't work? The economy is in recovery is it not. I'm not sure what you expected, instant full employment?

  • haha "the goldman sachs" 

  • OMG awesome!

  • This is a gross misrepresentation and simplification of Quantitative easing as well as economic theory. The best part is when they ask why the Fed doesn't buy bonds from the treasury department. Answer: Because that wouldn't do anything! Only finance gov't debt. When they buy from people/GS/banks it injects m1 money into the money supply making it cheaper. If anyone wants to truly understand QE search "New Monetary Policy/Theory" or even just Keynesian economics.

  • @dbldiamond00 Making money cheaper causes booms and busts. If you want to know why, search "tom woods austrian business cycle"

  • @stalrunner I totally agree, SOMETIMES that is true. But not when a country is in a recession or still has recessionary GDP. That will be ABSOLUTELY true in a few years when the US has acheived potential GDP again but right now we are nowhere near that. The problem is politicians are talked into cheap money policies even after the economy hits potential GDP. This is an entirely different story however and short term BnB economics doesn't pertain to recessionary spending/policy

  • @dbldiamond00 During a recession, government and Fed driven demand and inflation keep price levels high, which hurts people's efforts to save. We can't have a growing economy again until people have rebuilt their savings.

  • @stalrunner That makes no sense, during a recession people's marginal propensity to save is very high which is the reason you are in the recession. In order to get out you need to increase GDP through either gov't or consumer spending. Savings during a recession is bad for the overall economy not good

  • @dbldiamond00 GDP is a poor measurement of economic health. Private product remaining (PPR) more accurately measures economic health by excluding government income and expenditures. You can't have a health economy unless people have money to spend, and that means they must be allowed to rebuild their savings. The recession is like a bad tasting medicine that treats the problems caused during an inflationary boom.

  • @dbldiamond00 You're wasting your time. The trolls here get educated on YouTube. They heard about Keynesian economics and claim it doesn't work. It's like when Galileo said the earth wasn't the center of the solar system. He showed absolute proof and got confined to his home for the rest of his life.

  • @NYCSteveS Well, not really a good analogy. Economics = imaginary human construct controlled by humans and often unpredictable, Solar System = physical objects that actually exist with predictable paths.

  • @elcapitano75 I was making an exaggeration to get my point across. Not all physical things are that predictable. Ever study quantum mechanics?

  • "The Bernank" is my favorite part of the vid.

  • Bernake is a Hitler. He is the real enemy not Talibans.

    Bernake means 3rd World War, just watch !!!

  • Comment removed

  • 295 MILLION VIEWS LEFT AND WE CAN CHANGE THIS COUNTRY !! KEEP IT GOING!!

  • hahaha this is great video, bang straight to your nose. Hey why you hit me ? Bang another hit . Hey wtf is wrong with you, why you hit me again ? punch in the ba//s .Auch that hurts .Please dont hit me pleeease. Bang headshot.

  • Neb Ner-Bank-e

  • Wish every American that cares about their future and the their children's future would watch this and spread the word !

  • awesome lol

  • the only thing deflating is the fed's credibility :D

  • Deflation is a natural part of a correction after the bubble bust. To fight it is pure arrogance. Also there is such thing as a benign deflation. Modern day economists have a serious misconception about deflation. Smh...

  • DOES THE BEN BERNACK HAVE ANY POLICY EXPERIENCE? NO LOLOL

  • Apparently there are a few "economists" and "capitalists" in this comment section, who think deflation sucks and inflation is great, who think central banks are awesome, who probably also think that "WWII/FDR ended the Great Depression!!!11". Avoid these people at all costs.

    Centralised power to issue money + controlled economy/big government = collectivism. Fucking useful idiots.

  • @sheepOG America was fucked the moment our politicians lost their balls and allowed the bankers to form the Fed. Now, even if the politician gets in and isn't ALREADY being bought out (highly unlikely), the bankers either shove money up their ass or pay the media to denounce the politician as a radical/commie/lunatic/etc.

  • You must be shidding me.

  • Yes!

  • TOO DAMN GOOD!!!!

  • LOL....cussing cartoons.

  • Copy and paste for QE2 and now... ding ding, here we go again.

  • Electronic Voting MUST be STOPPED Now before it is too late. The election must be accountable and AUDITABLE at every step. How hard can it be to count paper. It also blows me away how they DESTROY the BALLOTS within 2 years of an election. They make you keep your TAX papers for 7 years so they can AUDIT you down to the last dollar, yet they cant afford a shed to store paper that is used to DETERMINE who will RUN the ENTIRE COUNTRY..WTF!..DIEBOLD MUST BE SHUTDOWN or Ron Paul will not get in.

  • Guess who the number 1 contributor to Mitt Romney and Obama? The Goldman Sachs :(

  • what do you use to make these?

  • but deflation truly is not good, since price goes down that people tend to hold on to the money they have and illiquidity shoots up. The Fed was bullshitting that we are on the way to deflation though.

  • This shit is boss!!!

  • Despite what these cute but misinformed little creatures say, inflation is about average 3%, and unemployment is still high. If banks would actually start lending, or if Congress would provide some money for infrastructure projects, and the Presidents jobs bills, than the Fed wouldn't have to try to resuscitate the economy with Quantitative Easing. But I think Omid is right about Goldman Sachs at the heart of our financial problems.

  • Yet one more tool to help educate the unconverted:

    election4uspresident2012.weebl­y.com

    R0N P@ul two thousand 12.

  • People! Free your mind! Feel free and read the best book ever: "The Biggest Secret" by David Icke. It will explain to you that all financial shit it´s a huge fraud! The United States of America were created by the Illuminati and United States are totally controlled and owned by Europe - London. I doesn´t matter if you vote for democrats or for republicans, the result will be always the same because the same force (elite) controls the both sides!

  • He's getting a lot wrong. For example, the bit implying deflation is a good thing during a recession, if prices are falling, the general public will have a propensity to save (i.e. put off purchases until prices are at the minimum), this will mean businesses will fail due to lack of custom, which is bad for the economy (as well as increasing unemployment due to company lay-offs). In a recession, private saving only exacerbates the situation.

  • @Cheedillow although your example is completely true, that doesnt warrant you to say that hes "getting a lot wrong" as that is only one point.

  • ...higher than a year ago?!

  • informative, but boring...... the 'robotic voices almost put me to sleep as i tried to pay attention. . Maybe have them do something besides just standing there and make the voices seem more naturla less synthetic.

  • ... this is perfect. SUBSCRIBED!~

  • This is hilarious! Although you should really learn how the Federal Reserve works.

  • the Ben Bernank =]

  • In high school I was told about fractional reserve banking. And I was going crazy. Now you are printing money AND you have fractional reserve banking. So not only is more money floating around, but like 10 times THAT money is flying around. I am completely shocked your money is still as high as it is.

    Good job USA. Making me confused since 1994.

  • high = [in value]

  • @piecharthosen "fractional reserve banking" is just regular banking. The fraction is the percentage the banks are required to keep available for their customers in case those customers want to pull money out; banks are allowed to use the remainder to lend out (which they then get paid interest on, hopefully)

  • wow that was very relevant. please. tell me something i don't know.

  • @piecharthosen Well, you gave the impression you were having trouble understanding fractional reserve banking... and that somehow having that was somehow unusual or unwise...? I meant no offense...

  • @piecharthosen Well, EVERYONE does Fractional Reserve shit. But yeah, how we do that AND QE, I have no idea xD

  • @piecharthosen Hey it's not us, its the Gov!!

  • the gov you elected? that one?

  • @piecharthosen You're wrong, this effect only works if people actually spend/loan/lend their money, which they are not.

  • @piecharthosen As long as the US Dollar is linked to the Petrodollar we should be able to restore the dollars credibility. Presently China has no interest in linking the petrodollar to the Yuan because the world economy is in the crapper. No sense buying a lemon even if it's cheap. Aside from China there's no one else.

  • The Ben Bernaaank!

  • 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 [the banks] 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,to whom it properly belongs.RP2012

  • @ENDTHEFED0 Actually, the fed is a quasi-governmental entity; it's more akin to the IRS than to a private bank (if anything, it's the place where government officials and large banks collude together to put smaller banks out of business and/or prevent new banks from springing up). We would probably be better off with a system of many different private organizations managing competing currencies, akin to what Hayek suggested.

  • 817 Keynesians haven't heard about it from their economy textbooks.

  • Brilliant!

  • "is this a nightmare?" "no it is very real."

  • fuck this video is funny and im only 2:30 into it, though its entirely true, so listen up ! ! !

  • RON PAUL 2012!

    Spread the word!

  • @hehefromhere

    Ron Paul is the only candidate - Democratic or Republican - who is NOT owned by Goldman Sachs. He is therefore the only politician who can be trusted.

  • awesome.

  • How about some more creative voice overs?

    Its great, though...

  • I usually can't stand to watch these text-to-cartoon videos, but this one is witty enough and explains it well enough that I like it nonetheless.

  • THE BEN B[ERN]ANK

  • @eier and THE GOLDMAN SACKS [OF SHIT]

  • @eier [sic]

  • LOL!

  • tee hee hee

  • i think it,s great check out my video ghost island

  • Brilliant satire.

    But most of the comments here make me think people are taking it serious. That's embarrassing.

    I suppose if I didn't have an economics degree I might not see the satire either...

  • @Ultima008 I don't see how all that stuff about the head of the New York branch being a Goldman Sachs insider should be taken as irony. Much of this was not cogent argument, and the awkward use of the word "the" throughout is quite funny, but your confidence that this video means the opposite of what it says can only be contrived.

  • This is incredibly funny. These are genuis

  • LOL, it's all corrupt. I trade the markets and I also blog about it check out how I trade.

  • Every time it said "The Ben Bernanke" I laughed.

  • Ron Paul?! Leave Bernanke alone, he is breaking our dependence on Middle Eastern Oil, creating manufacturing jobs and making it easier for foreigners to come here and unload all of their cash. Stop listening to corporate propaganda, and their mouth piece, Ron Paul. Most of his supporters are victims of identity politics and don't realize that his policies will only sustain expensive empire and continue to hollow out this country. The real problem is the politicians too scared to cut spending

  • RON PAUL FOR FUCK SAKE!!

    OBAMA SUPPORTERS LOOK HIM UP!!

  • "Is this an episode of The Twilight Zone"?

    If I didn't laugh I would boil over. I sure hope that when The Revolution begins, these people are found and publicly flogged - then tried for treason.

  • We've got THE DAFLATION PEOPLE! Me I trust the Fed...just great people...pillars of society. (I think this is great and everyone should watch it)...but...the "Benbernank" is almost as funny as "we've got the deflation!"

  • The Ben Bernank.

  • ACCORDING TO THE BEN BERNANK

  • "GOLDMAN FRIGGIN' SACHS!" -- Buddy Roemer on MSNBC

  • uhm.. deflation is pretty bad.. does it matter if things are cheaper if no one has jobs or employment? because that's what deflation does...

  • @Wintertunes lower prices more people buy more purchase more jobs...

  • @Theethruth well that theory works great if the US was the ONLY country in the world. See.. deflation > USD is worth more compared to foregin currency > no foreign businesess wants to buy goods from US companies > US companies must cut costs to survive > LESS JOBS.

  • @Wintertunes except that there is NO deflation.. NONE.. even the cpi has been "fixed" gdp has been "fixed" when is the last time you went to the grocery store..?? Prices are RISING..

  • @KrunchMonster1 First off, no deflation is GOOD NEWS. (bad for the consumer, but very good for the US businesses (jobs)) So what do you prefer? slightly higher prices or much fewer jobs?

  • @Wintertunes Thank you sir for understanding the generalized purpose of Central Banks. (which ALL countries using a sovereign currency have) thought I'd have to scroll through numerous pages before coming across someone with decent common sense.

  • @Wintertunes LOL...we have MUCH more of BOTH of those on the way.

    Total economic collapse within 18 months-2 years....if not sooner.

    Absolutely no way to avoid it.....America needs to reinvent the wheel, or fire, and that ain't gonna happen buddy.

  • oooh.. so ron paul then?

  • the brown one sounds like siri

  • I bet this video teaches people more about current business and politics, than any college course here in America.

  • @eyen91 actually they will threaten and then ban you at university if you know about this, they did it to me :)

  • I just read bernake was named person of the year 2009...what a joke

  • @3:05 They print the money and then they buy the treasury bonds. Do they buy the treasury bonds from the treasury department? No, they buy the treasury bonds from the Goldman Sachs. YOU MUST BE SHITTING ME!!!

  • RON PAUL!!!!! HE'S THE ONLY WAY

  • so many paul bots.

  • the Consumer Price Index that the fed uses to calculate inflation is a joke. not only does it not represent the true cost increases for the american people, it completely leaves out the growth in the monetary supply, M1, M2, etc. that's why CEOs have their salaries and bonuses pegged to M2 growth, and everybody else is pegged to the rigged CPI. End the Fed!

  • what did you us 2 make this

  • Well done and true. 'The Goldman Sachs' is stealing billions off the American and taxpayers around the globe.

  • It's amazing how well these videos get their point across.

  • @inqusitor

    not as stupid as the ben bernank

  • @Morgenbeyer

    LOL.

  • wow this is stupid

    

  • DAMN. Awesome video, the FED truly is a nightmare.

  •  voices from google translate talking? 0_0

  • You liked this video? You must see this ...... ZEITGEIST 3 - MOVING FORWARD (FULL - 2011)

  • I have to ask...Does President Obama, Ben Bernanke and the rest of those idiots in charge think the American Citizen is STUPID?!?! I would hope any person who thinks for themselves would stop and exam what is going on. If you have any knowledge about economics, you can see this is a ponzi scheme, not to mention illegal for you or me to purposely pursue on our own, outside of the government. The next few generations, after the out of control spending will be poor just to pay this garbage off.

  • RON PAUL!!!

    The government shouldn't be involved in the economy!  We don't need any other agenda but freedom, Austrian Economists understand that. Senator Hatch from Utah voted for TARP, but has claimed for 36 years in the senate- that he's a conservative. this is what he's telling utahns as he attempts to run for another term. TARP is socialism, it's central planning- the only way to accomplish central planning is to have a fascist leader- otherwise nothing gets done... RON PAUL!!!

  • The fact that qualifies Ben Shalom Bernanke to run the FED is because he is a zionist following orders of Israel !

  • @vitalalive69 Anti-Semitism rears its ugly head. Seams to be happening a lot lately. I don't think we will ever learn anything from history.

  • @MixedFamily Critisizing Zionist fascist movement or Israel is not antismitism its mentioning the facts. It is very easy to grab on to the term "antisemitism" whenever someone critisizes zionists or Israel.

  • Solution: Arrest all bankers with criminal charges, nationalize all banks, confiscate all assets of major banks and send its CEO's to hard labor camps for life. Now if you have the balls, rise and make an offer to your politicians they can not refuse.

  • I hope you realise that the Fed Reserve is a PRIVATE bank with some govt appointments. Although Treasury mints money notes&coins (M0), it is the Fed Reserve that creates the vast majority of money (M3) from debt. The American Govt last had the ability to create its own money 100 years ago, now it borrows at interest. Look at usdebtclock org "about"-->"banking/money history".

  • what app is this, what did you use to create this?

  • Hahaha, this is quality.

  • We need to clean house of all these crooked politicians who voted to bail out the banks and screw the American people. I'm tired of hearing "conservative" talk, then votes for things like TARP. We should be holding those hypocritical politicians like Senator Orrin Hatch of Utah, Richard Lugar of Indiana, and Olympia Snowe of Maine accountable for bailing out the banks, yet sticking it to the American taxpayer. Throw these corrupt lifetime politicians out!

  • This quantitive easing thing amazes me.

    Why dont they just GIVE £2000 to every family (or partnership) in the country and let them spend it?

    People would buy things or have things done thereby boosting the economy by growth.

    Give the money to the people!

  • @roytetwart Check out Ron Paul. talks about it, but is against all welfare. The most successful economies are the ones with the LEAST interferance by the gov. EG, NO INCOME TAXES, NO WELFARE, and the gov can get their dirty little hands out of our pockets once and for all!!! BECOME A STRONG PEOPLE AGAIN!! SHOVE YOUR WELFARE AND BAILOUTS!!!!!!!!!!!

  • Wrong - taxes are lower than a year ago.

    Still a lot of truth in this.

  • LOL>>>>the goldmann sachs. trololololololololololololol

    "Clearly he is smart. That's why he became a plumber, not an economist".

  • stupid black bear thing....

  • Ben Bernanke is qualified to run the FED because he has a Ph.D in economics from a liberal diploma mill, where he wrote his dissertation on the causes of the great depression from which he got all his research from more liberal educated Ph.D's who've never worked a real job or operated a business.

  • I don't need to hear anymore. There is no other way. RON PAUL!

  • @1dtbimp YOU are CRAZY!!

  • @TheDuckseason OK, well I say your pizza. It doesn't change the fact that the Fed is flooding the US currency with butt tons of paper currency in a way that is impossible to pay back. The system needs to be changed.

    /watch?v=VBRZYrblZ24&feature=c­hannel_video_title

  • @TheDuckseason When you get finished watching that one, watch this one:

    /watch?v=juQc0rLdB-E

  • @1dtbimp smh @ people thinking a president going to change anything..

  • Comment removed

  • @dustinsyoutoob Think of Kennedy. He almost fazed out the Fed and put us on the silver standard. Jackson was another who dealt with the banks. He was successful. Lincoln created the green back which was successful until 1913 when the Fed came into existence. The currency was so much stronger than the currency of the central banks in the south, which is a major reason we won. Don't think about it, just vote for the one man who is honestly trying to take down the Federal Reserve.

  • Comment removed