I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.
- Federal Reserve Governor Ben Bernanke (Conference to Honor Milton Friedman, University of Chicago 2002)
@nanoenergetic - if this is a "freemarket" then why is the "gov" saving banks that through greed and fudget budget business practice "found" themselves in such a pickle? would not a freemarket allow the prudent to rise to the top and take over? are you telling me that nobody at the top of these companies "saw" any of this coming when that is their entire purpose for being! to think that government actually has any real say in financial policy is folly. you vote for the bearer of bad news!!
This comment has received too many negative votesshow
Boyette - he's a Fad Hater kook- it's obvious from his comment.
RT, you forgot to mention that Boyette is a Gold Bug nutjob, Fed Hater kook in your introduction.
All economists know that asset bubbles are handled by regulatory policy not monetary policy.
Boyette is attacking the Ron Paulistic Regulatory Policy of the Fed that did nothing to stop the Housing Bubble and left it to "Liberty and the Free Market" to handle.
At fault was Ron Paulism and "Liberty and the Free Market", not the Fed.
@Nanoenergetic HAHAHAHA You are a perfect example of willful blindness. ALL Economist? von Mises? von Hayek, Rothbard? Keep drinking the cool aid. hahahaha
In Ron Paul's world no bank is allowed to become a CENTRAL bank. Hence you get free-market setting of interest rates at way higher than they were in the last decade and so keeping the lid on house prices, with NO REGULATORY interference needed.
I suggest you read up on 'Austrian school' economics & how it explains everything that has/is happening economically.
Or time travel back to 1800s and ask them why there is no inflation!!!!!
since the fed was created there has been no "free market", it has been running the show from behind the curtain. JFK wanted to get his country out from underneath the jackboot of financial tyranny but they rewarded him with a new hole in his head! BTW who isn't a Fed hater..... unless you like Bernanke's dick up your ass?
@RUfistinme - you obviously don't realize how badly you're making an abject fool of yourself by spouting that crackpot nonsense in your comment. Otherwise, you wouldn't do it.
The JFK nonsense is debunked by none other that "Jeckyll Creature" Griffin, yet you kooks continue to dronelike regurgitate the JFK nonsense.
Wake UP!! You conspiracy crackpot sheeple.
Every major "free market" capitalist country has a Central Bank, idiot.
the whole idea that we are better off one year later is fucking absurd! to think that we are any better than slaves is laughable..... even a fucking slave doesn't have to pay for his food or lodging.... oh you're free alright... free to choose what ever you are told to choose!!! "either you're with us or against us" republican/democrat... 2 heads of the same snake! but with the "bogeyman" ready to jump out at every turn (flu,vaccine,WMD) critical thinking is pure luxury! MERRY CHRISTMAS!!!!
I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.
- Federal Reserve Governor Ben Bernanke (Conference to Honor Milton Friedman, University of Chicago 2002)
END THE FED ! ! !
Tressco 2 years ago
@nanoenergetic - if this is a "freemarket" then why is the "gov" saving banks that through greed and fudget budget business practice "found" themselves in such a pickle? would not a freemarket allow the prudent to rise to the top and take over? are you telling me that nobody at the top of these companies "saw" any of this coming when that is their entire purpose for being! to think that government actually has any real say in financial policy is folly. you vote for the bearer of bad news!!
RUfistinme 2 years ago
Bernanke and Paulson should in jail, with Bush, Cheney, Obama, McCain,Hillary, etc
midwestcharm 2 years ago 2
@midwestcharm Obama and the idiot Biden should be entered into that prison s well, they certainly are not doing us any favors.
btaylor9661 1 year ago
"Time" owned by jewish nominates Benjamin Shalom Bernanke, a jewish. nothing strange.
VictorWasechkin 2 years ago 2
This comment has received too many negative votes show
Bernanke is not destroying the dollar.
The dollar is not being destroyed.
The dollar is way up in the past several days.
It's the euro that's collapsing.
It's Obama and the Democrats that are "destroying" the dollar with their big government agenda.
These kook Gold Bug gloom-and-doomer kooks always scapegoat the dollar to gin up fear to get people to buy worthless gold certificates from them.
Nanoenergetic 2 years ago
research zimbabwe. and by lowering the interest rates again ben bernanke is creating another bubble. fractional reserve banking is a failed system.
HayteStreet 2 years ago 3
so your telling me the dollar wont be going for broke in 2010? how much are you going to wager? hmmmmm
Agogaraxis 2 years ago
This comment has received too many negative votes show
Goyette is a Ron Paul kook.
Nanoenergetic 2 years ago
Ben Bernanke is a pip squeek economical loon
Agogaraxis 2 years ago 2
Fuck global warming!...The real meltdown is the U.S dollar!....this will effect the globe long before global warming!
melodymaker65 2 years ago 4
ya but fear of global warming will meltdown the dollar.
Agogaraxis 2 years ago
This guy needs to go to jail !!!!
maybe once it costs 1 million to buy a loaf of bread.. maybe then people will wake up.
IlluminatiSeer 2 years ago 5
hyperinflation won't happen in the US, high inflation maybe
xandras1111 2 years ago
Great video!
CredoCatholicJournal 2 years ago 3
one world is enuff for all of us
one world is enuff for all of us
one world is enuff for all of us
but this demon has got to go
one world is enuff for all of us
is from Sting
marktimmer2212 2 years ago
lol Bernanke Man of the Year? In unrelated news Tiger Woods is named Family Man of the Year!
ForTehNguyen 2 years ago 6
chosen people rip off the taxpayers and the chosen peoples media honors them for doing so
shocking
ExposeZionistCrimes 2 years ago 2
I am glad more and more people are seeing the fed reserve for the mafia cartel that it really is
werebear1 2 years ago 3
This comment has received too many negative votes show
Boyette - he's a Fad Hater kook- it's obvious from his comment.
RT, you forgot to mention that Boyette is a Gold Bug nutjob, Fed Hater kook in your introduction.
All economists know that asset bubbles are handled by regulatory policy not monetary policy.
Boyette is attacking the Ron Paulistic Regulatory Policy of the Fed that did nothing to stop the Housing Bubble and left it to "Liberty and the Free Market" to handle.
At fault was Ron Paulism and "Liberty and the Free Market", not the Fed.
Nanoenergetic 2 years ago
@Nanoenergetic HAHAHAHA You are a perfect example of willful blindness. ALL Economist? von Mises? von Hayek, Rothbard? Keep drinking the cool aid. hahahaha
LibertasVideos 2 years ago 5
Don't be thick "Nanoenergetic".
In Ron Paul's world no bank is allowed to become a CENTRAL bank. Hence you get free-market setting of interest rates at way higher than they were in the last decade and so keeping the lid on house prices, with NO REGULATORY interference needed.
I suggest you read up on 'Austrian school' economics & how it explains everything that has/is happening economically.
Or time travel back to 1800s and ask them why there is no inflation!!!!!
nanciqwerty 2 years ago
since the fed was created there has been no "free market", it has been running the show from behind the curtain. JFK wanted to get his country out from underneath the jackboot of financial tyranny but they rewarded him with a new hole in his head! BTW who isn't a Fed hater..... unless you like Bernanke's dick up your ass?
RUfistinme 2 years ago 4
@RUfistinme - you obviously don't realize how badly you're making an abject fool of yourself by spouting that crackpot nonsense in your comment. Otherwise, you wouldn't do it.
The JFK nonsense is debunked by none other that "Jeckyll Creature" Griffin, yet you kooks continue to dronelike regurgitate the JFK nonsense.
Wake UP!! You conspiracy crackpot sheeple.
Every major "free market" capitalist country has a Central Bank, idiot.
Nanoenergetic 2 years ago
Obama is prob the Antichrist....we are living in the last days
daryllawsonCA 2 years ago 2
More like false prophet daryllawsonCA. Check out Supriem D Rockefeller as the Anti-christ.
Typamango 2 years ago
chuck norris for president 2012 :)
dan020350 2 years ago
the whole idea that we are better off one year later is fucking absurd! to think that we are any better than slaves is laughable..... even a fucking slave doesn't have to pay for his food or lodging.... oh you're free alright... free to choose what ever you are told to choose!!! "either you're with us or against us" republican/democrat... 2 heads of the same snake! but with the "bogeyman" ready to jump out at every turn (flu,vaccine,WMD) critical thinking is pure luxury! MERRY CHRISTMAS!!!!
RUfistinme 2 years ago 5
Tiger Woods fucked 18 hot looking mistresses, the Federal Reserve fucked everyone in America.
ComradePatriot 2 years ago 21
Which would you rather watch? ComradePatriot
Typamango 2 years ago
theUN is trying to ban guns and they will succeed if the copenhagen treaty gets through since is will set up a world govenrment
RunsWitGuns 2 years ago 7
White is now black, telling the truth will become an act of courage.
Just like giving our president the "nobel peace prize"...for continuing two wars...
NOW...war is peace!
gerrilea1 2 years ago 14
@gerrilea1 Right Said!
browntechguys 2 years ago
Comment removed
Valdinsh 2 years ago