Added: 2 months ago
From: TNSONSOFLIBERTY
Views: 2,412
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (79)

Sign In or Sign Up now to post a comment!
  • Aww man I love this, this is too awesome!!

  • epic man, truly epic

  • NIIIICE!! RON PAUL 2012!!

  • Great work, dude! Love it!!!

  • I LOVE IT, LOVE IT, LOVE IT!!!!!! Ron Paul for president! I will write him in also!!!!! Go, Dr Paul!!!

  • @poppanolan But, I've focused more on market economics and less on monetary policy and currencies, so my knowledge of what would be a good way to make it work, and really of the system in general, is not where I'd like it to be. I still need to learn more about it.

  • @poppanolan Where I think the commodity standard ultimately wins is in foreign exchange rates. Since no country currently uses a commodity standard, we are in a much better position to demand a favorable exchange rate using a gold-backed currency. If this prompts other countries to return to a gold standard to compete with our currency, the commodity wealth of the US can increase as gold flows in from export, and can help reinforce our reserves.

  • @poppanolan I can't say I'm perfectly versed in Bill Still's views on monetary policy. I will say that most people think of an automatic commodity standard when they think of the gold standard. I think there's enough gold in reserve to return to the fiduciary bill, at least to be in competition with the current fiat system. In order to compete, the amount of fiat currency in circulation would have to be reduced, obviously a very desirable outcome.

  • @poppanolan For example, can you back up saying that the central bank controls the entire gold market (which you imply by saying they control more than some of it)? Of course you can't, because it's not true. I can buy gold at my leisure and own it as a commodity. So, your point is defeated by negation. Anyone who has thought about the point for longer than 5 seconds could arrive at that conclusion, so you clearly haven't applied any independent thought whatsoever

  • Comment removed

  • @poppanolan No, I understand the principles of Austrian economics and apply them to my own independent analysis. That's what problem solvers do. You can't solve an engineering problem without knowing the fundamentals.

    You're one of those guys who gets angry whenever someone challenges you, or thinks that what you say isn't 100% correct, which is a clear sign that you can only defend what you have read with other talking points from your reading, but can't actually defend it independently.

  • Let's make this go viral. Thumbs up and send to 10 friends!

  • I LOL'd... Good shit

  • If the value of the dollar was reset back to what its value was in 1912 (year before the Fed took over), would it be possible to have enough gold to back it with? If not, back $100 bills with gold, back $50, $20 and $10 bills with silver and back $5 and $1 bills with copper? I'm no economist, hehe. If we run out of gold, use other precious metals? Platinum? Paladium? Germanium, Cadmium, Chromium, Magnesium, Manganese, Titanium, etc?

    Forget diamonds, we all know that their rarity is a scam.

  • @TheAlpengeist You're right about diamonds. Total false scarcity. I would never spend money on diamonds. Huge rip off scam.

  • frigging awesome!

    

  • Hands down GOLD. We live in an expanding Universe, bring back gold and silver! And let's all have a Jubilee

  • @getenlightened You're exactly right. That is the problem with it. The automatic gold standard would require mining for gold and fabrication into coins or bullion. It's not practical. It's a great system, but had some downfalls. But we had the system until 1971... Not that long ago. There needs be be some analysis as to if it's practical with our current gold commodities, and if not, how can that be rectified. An interesting problem, but not an unsolvable one.

  • @poppanolan So, if you want to talk useful idiot, you need only look in the mirror. You read, regurgitate, believe. You are the DEFINITION of useful idiot.

    Yes, the CENTRAL bankers control SOME of the gold market. Wouldn't it be nice if the central bank was disestablished and the gold market fully privatized so that banks can hold gold in reserve?

    I'm an engineer, and only an economist by hobby. I feel like I've probably forgotten more about economics than you know.

  • @navsquid32 Are you not doing the same thing? You regurgitate anything you have read from the Austrian school...yet that is OK? The Central Banks control more than SOME of the Gold market. Please be a real person...be reasonable.

  • @poppanolan I'm sorry, do I know you such that you can just come out of the gates with a personal attack on me? That's the characteristic of an intellectually weak person. I have two Masters Degrees, one in nuclear engineering and the second in naval architecture and engineering, both from a school I'm sure you probably got rejected from. You never really know who you're calling an idiot, so why don't you save your personal editorials and stick to issues, perhaps some original ideas.

  • @navsquid32 WOW can you blow yourself too!??!

  • @poppanolan Bill Still probably doesn't understand all the different types of commodity standards. Ron Paul might propose a second currency based on gold to compete with the current fiat paper currency. The gold standard WILL win because you can have a much more favorable foreign exchange rate when your paper is a certificate for gold. Business would almost surely adopt it for their imports and exports, especially since the exchange rate will be easily predicted.

  • @navsquid32 You are a perfect example of a useful idiot! Congrats!

  • @navsquid32 Main problem with the Gold Standard is that it restricts the growth of monetary currency. As society expands, you need to expand the currency, but in a controlled and sustainable way. Gold is limited and there just isn't enough out there to make it a viable currency as society expands globally. This is just my opinion. But debt based currency has to die. The Fed needs to die with it.

  • @getenlightened "Main problem with the Gold Standard is that it restricts the growth of monetary currency." Dick Morris would be proud. Lets not overlook 1) strong currency brings additional capital from overseas; 2) society cannot expand forever, earth resources are limited; 3) Deflation is better than inflation for elderly and poor - you do not hear Apple complaining that they devalue their products every month. 4) Most important - big government tyranny can grow itself.

  • @getenlightened (cont.) 4) Most important - big government tyranny can grow itself if they print their own money for wars and entitlements.

  • @ForLiberty888 One problem w Gold is that the banks already own a massive amount. Gold & Silver are also consumed by industry and are needed. Silver has especially been consumed by industry and will continue to be so. Which would cause shortages for currency. I'm not a monetary expert by any means. I just want to see the best system used. Tyranny = evil. But the founding fathers still created a govt. It is needed on some level still. Can we agree that debt based money needs to go?

  • @getenlightened In a Democracy allowing government to print its own money will kill USA faster than the FED. The populace will vote in only those politician who offer them the most free stuff (and they can deliver while robbing the poor, elderly and middle class with inflation tax.)

    Amount of gold is IRRELEVANT since we do not go back to fixed exchange rate of the past. The purpose of sound money is to stop inflation and remove the means for tyranny to grow.

  • @ForLiberty888 Funny, Lincoln saved democracy and the USA by printing green backs. Which also didn't allow foreign countries or private banksters to profit from war. Rome had a successful run of printing debt free money, as did the british empire with it's tally sticks. It is possible, as long as the volume or quantity is controlled. I'm not 100% against RPs approach, but I'm not convinced it is the best yet. Bill Still makes a lot of sense to me.

  • @getenlightened, In war or major disaster, individual liberty is compromised as a necessity. If government cannot borrow, it forces everybody to fight/work for free or for printed money or even confiscate the property of some. That is why Ron Paul is against endless wars. You use exceptions to cling to straws when your basic argument about "expending economy" was debunked. RP does not offer a perfect society, he does not offer UTOPIA.

  • @ForLiberty888 I'm also against imperialism and endless wars. I'm not really here to argue. I don't claim to be 100% right or perfect in anyway. I don't think Paul or Still are perfect either. And I don't think either monetary solution is perfect. And I'm not so much about 'expanding economy', I'm about sustainable economy. But if we use money, it has to flow, like currency, or 'energy' from place to place. Money as a public utility makes sense to me. Banking cartels suck.

  • @ForLiberty888 The other problem with Gold & Silver is that it will be hoarded. No doubt about this. I suppose all money will be in some level. But if Gold & Silver is hoarded, it becomes a shortage of money for public 'currency' flow, which allows real wealth to be produced and consumed. Food, fuel and materials, etc. And we do not want to see the govt try to confiscate PMs. I own physical myself, as a hedge against possible hyperinflation.

  • @navsquid32 Now you are making sense...please expand on this. Very interesting. (no sarcasm)

  • @navsquid32 I do disagree that Bill Still "probably doesn't understand" commodity standards.

  • Jewish Coalition BANNED Ron Paul.

    ARE YOU KIDDING ME!

    Want to talk to someone?

    Here is the only info. I can get to Jewish Coalition... Harris OR Alex: 202-638-6688

    I left a message. You should do the same.

    SHARE WITH EVERYONE! Make sure this goes VIRAL!

    I'm so sick of this!

  • I used to support RP. He's a great guy. But I have to put my support behind Bill Still now. But out of all the Repubs, Ron is the man.

  • @getenlightened, wives and daughters of future maimed solders (if RP is not elected) salute you high moral white horse.

  • Comment removed

  • @ForLiberty888 I don't think Bill Still is any more for war than Ron Paul is. Do you know anything about him? I like RP and I love his stance on wars and the M.I.C. But Bill Still is smarter in terms of monetary systems, in my opinion. I think the biggest problem we're facing is that our monetary system is broken. As for these soldiers, my heart goes out to them and their families. But if our soil isn't threatened, don't go fight some BS foreign war. They choose it.

  • @getenlightened Bill Still is a good man too. RP has more experience in politics though, he knows his way around Washington and has already a reputation nationaly. I would love Still involved in a Ron Paul administration though, maybe as an economic advisor?

  • @manniman82 I agree about Paul's political experience. But he won't hire Still. They don't agree on monetary policy. I'd love to hear them debate monetary policy though. That would be very good.

  • @getenlightened Bill Still is a great guy. Is he running for president? I don't think so....

    He would make a great Ron Paul cabinet member, treasury secretary?

    As far as this Roxanne song, Ron Paul doesn't have to put up a big fight? lol Maybe he doesn't, we do though, in support of him.

  • @TheAlpengeist I am a Ron Paul supporter...but Bill Still disagrees with a Gold Standard. He openly agrees that RP is the only choice in 2012...but condemns his monetary policy. Bill Still does HAVE THE SOLUTION...DEBT FREE US TREASURY NOTES issued by the treasury itself...NOT the BANKING CABAL we call THE FED.

  • @poppanolan I agree, that's why Bill Still should have a talk with Ron Paul.

    I do remember Bill talking about tally sticks, lol, they can find a middle ground.

  • @poppanolan, Bill Still and you are probably using a "common sense" approach to economics and did not study Austrian free-market economics thoroughly. You cannot trust the government with anything, even with gold standard if you know history. With government printing paper money and democracy where 75% of voters are affirmative action recipients (if you count women), you are talking Kucinich, disaster, Zimbabwe. Wake up.

  • @ForLiberty888 Sorry Man nice try... I have read Austrian eco from Mises to Hazlitt. The fundamental problem, whilst I lean toward Austrian of the absurdity of Keynesian-ism I do know Mises was wholly funded by the Rockefeller Foundation who received massive sums of money from the other banking elite. In addition...the bankers control the entire gold market.

  • @poppanolan "I have read Austrian eco from Mises to Hazlitt." does not mean much unless as Mises said you are capable to retain a rather complicated train of thought. If you could, you would be arguing with me about logical flaws in Austrian economics you found, not making questionable attack on Mises' character like desperate socialists do.

  • @poppanolan "In addition...the bankers control the entire gold market." Children talk. You can buy gold yourself or do on-line trading with gold like stocks. Hedge funds and sovereign states have more golds than private banks. The Fed returned all its gold to the state and keeps just certificates. Save your children talk for Kucinich.

  • @TheAlpengeist Actually, he is! He's running as a Libertarian. He's going for the Libertarian nomination. He has a website up for his campaign. RP wouldn't hire Still, because they differ on monetary policy. As poppanolan mentions below. As much as I'd like to think the Gold Standard would work, I think it's dated. Bill does have the right solution in my opinion. But RP does have more political experience, no doubt. If RP could support Still's solution, I'd vote for him.

  • @getenlightened thanks for the info, didn't know that, go Bill!

  • Cool! Wish I had that much courage.

  • If your not on the ballot i told u once i tell u again

    I will write you in

    ROOOOON PAUL!

  • That's is awesome man!...I may have to rock this on the next karaoke outing :)

  • Classic!!!!

  • LOL love it! Shared and shared and shared...

  • Awesome!

  • Awesome! lol #ronpaul2012

  • That was beyond brilliant! LOLOLOLOLOL!! I can't get enough of this brilliant performance - I am sharing it far and wide. Heroic job, TNsonsofliberty. Ron Paul Y'ALL!!

  • love it

  • lol, great :D

  • Freaking awesome!

    Was this in New Hampsh?

  • This needs to go viral.

  • This is the awesomest! Love it!

  • This is good.

  • my face hurts from laughing. Great job LOLL!

  • That was terrible, I loved it. It is going on my FB wall.

  • Lol Awesome. Great Job.

  • lol hillarious.

  • Wow, super!!!

  • Thank you so much for doing this!

  • OMG this is fantastic! Man, I laughed so hard watching this I had tears running down my face. Great lyrics and he's definitely "into it"! Lol! Dr. Paul supporters are the BEST!! Great job John!!

  • I must add this to my list of well over 100 Ron Paul songs. Heroes inspire musicians!

  • the best RP song....

Loading...
Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more