Ron Paul absolutely knocks this one out of the park. The price of gold doesn't go up, the value of the dollar goes down! 1890's deflation...really? Is Mr. Morici serious about this? It may be that frugalite is right... someone is lining Mr. Morici's pockets. Dr. Paul's legislation absolutely would not politicize monetary policy. We need this man in the oval office now... but maybe we can wait until 2012.
Anything but transparency! How the hell are we going to steal Americas wealth if we have to be transparent.
If we allow transparency - next your gonna want too throw in prison, good grief, leave us alone. Isn't fox news on yet? Don't you have cookies to bake?
So we aren't federal and so what if we have no reserves, see what transparency does, it just discloses truth. Now who heel wants truth & disclosure in government?
@MrPoliticon If you go back and look at history, when Morici is talking about the deflation on the 1880's, and 1890's, if you look at the monetary policy in that time period, you had a few coinage acts in 1870 I believe, which basically de-monetized silver, so there was deflation policy, and they withdrawed alot of paper notes with the Specie Resumption Act.
They were just mopping up the massive inflation from the war.
Fannie Freddie and the banks that practiced bad business should have been left to fail. If the had filed chapter 11 taxpayers would have saved billions.
I had bought into this therory that as the dollar falls, gold increases in value. Recently we have seen some decline in the dollar (yesterday closed at .6625 us/ur) yet Gold has consistently been increasing way faster than the dollar decline. So, I think that old adage is out the window, at least at the current time.
Ron Paul took the economics professor Morici back to school. It's funny to hear the professor talk about interest rates need to be set in secret. The Federal Reserve is a massive con game and the American taxpayer is the mark. If the mark realizes how the game is rigged, he won't play.
Yes it does, it blows our minds how anyone can argue these handouts of our money should be kept secret. It's no secret that part of the free money bailout was used to pay incredible bonuses to their employees. The rest of it might just be stockpiled for future bonuses.
@frugalite He is indeed a bozo that is about to get taken to the woodshed by the market cause he was very bullish lol.....dont pay any attention to him.
Still the shill of NWO Murdock, Beck none the less tells at least HALF the truth while still praising the military & spooks who REALLY run America - the CFR & Trilat members Generals & Admirals are club members of, just as most multinat'l CEOs, most ALL TVs talking heads -Stephanopolis, Cronkite, Hume, Rather...
Did this dumb ass say that gold price always goes up? Damn dude it's the dollar falling not gold rising. WTF? No wonder we're in trouble, buy the way jerkoff gold up $20 over the $1200 mark. Go ahead and tell me that's a bubble.
What is the song at the end?
USTreasuryBond 2 months ago
Trust me, you don't have to buy bond's to increase the money supply.
USTreasuryBond 2 months ago
Yea! Ron Paul smacken them down with pure logic and economic truths. It's about time
AroundSun 4 months ago
Pay no attention to the man behind the curtain!
FukFoxNews 1 year ago
THE SECRET OF OZ at theopensource . tv ;)
speedrecovery 1 year ago
Ron Paul absolutely knocks this one out of the park. The price of gold doesn't go up, the value of the dollar goes down! 1890's deflation...really? Is Mr. Morici serious about this? It may be that frugalite is right... someone is lining Mr. Morici's pockets. Dr. Paul's legislation absolutely would not politicize monetary policy. We need this man in the oval office now... but maybe we can wait until 2012.
russ4moose 1 year ago
Anything but transparency! How the hell are we going to steal Americas wealth if we have to be transparent.
If we allow transparency - next your gonna want too throw in prison, good grief, leave us alone. Isn't fox news on yet? Don't you have cookies to bake?
So we aren't federal and so what if we have no reserves, see what transparency does, it just discloses truth. Now who heel wants truth & disclosure in government?
jeddah91 1 year ago
This two-bit economist slug is a disgrace to bowties. He's insulting Jim Rogers. Put on a tie, you weasel.
Dyhalto10 1 year ago
WHERE ARE THE FUCKING RATING STARS?
Leobons 1 year ago
Barney Frank is a homosexual.
theapollomoonlanding 2 years ago
@MrPoliticon If you go back and look at history, when Morici is talking about the deflation on the 1880's, and 1890's, if you look at the monetary policy in that time period, you had a few coinage acts in 1870 I believe, which basically de-monetized silver, so there was deflation policy, and they withdrawed alot of paper notes with the Specie Resumption Act.
They were just mopping up the massive inflation from the war.
Bankingcartel 2 years ago
Ron Paul with the wise words at the end. Hopefully he runs and wins in 2012, 2 terms.
Martial024 2 years ago 4
John Kennedy passed an Executive order to slowly end the Federal Reserve.... look what happened to him
I just don't want to see anything bad happen to Ron Paul :/
elitebanktyranny 2 years ago
Na, Id just follow him around wearing 2 vests. If anything pops off Ill just jump in front of him and block the bullets like superman.
JFK probably could have made it if his SS wouldnt have just sat in the front seat after he was hit in the abdomen or chest.
Of course Im not them, I cant judge.
Martial024 2 years ago
elitebanktyranny, our country changed for the worse on March 9, 1933. Google Dr. Gene Schroeder on the War Powers Act. Spread the word.
LivingWithUncleRay 2 years ago
Ron Paul wins....
AGAIN!
shiddy67 2 years ago
Nice job. Thanks for keeping up, sharing the latest.
markarthu 2 years ago
Rofl at the Morici dude, nothing he says makes any sense
diurdi 2 years ago
Fannie Freddie and the banks that practiced bad business should have been left to fail. If the had filed chapter 11 taxpayers would have saved billions.
quizerry 2 years ago
I had bought into this therory that as the dollar falls, gold increases in value. Recently we have seen some decline in the dollar (yesterday closed at .6625 us/ur) yet Gold has consistently been increasing way faster than the dollar decline. So, I think that old adage is out the window, at least at the current time.
Boomer1949 2 years ago
snatch that bow tie and shove it up his ass
superc 2 years ago 2
Peter Morici = Bonehead Extraordinaire
Ron Paul Rocks.
healthhavencom 2 years ago 5
This has been flagged as spam show
Ron Paul 2012~ word.
pgadeb 2 years ago
Ron Paul took the economics professor Morici back to school. It's funny to hear the professor talk about interest rates need to be set in secret. The Federal Reserve is a massive con game and the American taxpayer is the mark. If the mark realizes how the game is rigged, he won't play.
TheStranglehold 2 years ago 10
precisely
healthhavencom 2 years ago
Ron Paul schooled that guy.
flynn2008 2 years ago 2
morici is just another scumbag socialist.
mrearlygold 2 years ago 4
Your'e right, he's as evasie as shit on these questions
93msinclair 2 years ago
evasive
93msinclair 2 years ago
Yes it does, it blows our minds how anyone can argue these handouts of our money should be kept secret. It's no secret that part of the free money bailout was used to pay incredible bonuses to their employees. The rest of it might just be stockpiled for future bonuses.
BringBackCapitalism 2 years ago
Peter morici sounds like a clueless economist, more of a frontman for the fed & the international banking cartel I'd say.
frugalite 2 years ago 7
@frugalite He is indeed a bozo that is about to get taken to the woodshed by the market cause he was very bullish lol.....dont pay any attention to him.
AntiPsychopath 1 year ago
Still the shill of NWO Murdock, Beck none the less tells at least HALF the truth while still praising the military & spooks who REALLY run America - the CFR & Trilat members Generals & Admirals are club members of, just as most multinat'l CEOs, most ALL TVs talking heads -Stephanopolis, Cronkite, Hume, Rather...
See
The Fed and the Power Elite
mises "dot" org/media/2787?silverlight=0
Introduction to the Financial Elite
thehiddenevil "dot" com/introduction.asp
Up urs drone Mike
marxbitesall 2 years ago 2
Did this dumb ass say that gold price always goes up? Damn dude it's the dollar falling not gold rising. WTF? No wonder we're in trouble, buy the way jerkoff gold up $20 over the $1200 mark. Go ahead and tell me that's a bubble.
lintburger 2 years ago 3
i would not even give him credit for being human.
cw2992 2 years ago 2
Jesus may love you, BUT Allah hates you! LOL you are funny
morrissey8485 2 years ago
ron paul knocks it out of the park once again!
kobe88124 2 years ago 2