Laptop Brigade: Ron Paul on Monetary Reform

[metroeco]

Labor: the New Gold Standard

paulglover. org/1107.html

[Adriaan1950]

A negative interest money system creates paradise on earth:

youtube.com/watch?v=7kk6fplyLT­I

[TheBalancedRepublic]

For those of you that see our government is not representing us, we think there are solutions that could cut out "special" interests. If you think true representation is important and you have an open mind, google us. Since this is new, only thoughtful forward thinking people will be interested.  Our country needs your energy and imagination.

[djamorpheus]

we're still fucked, consumption does not solve anything

[psb87]

we are working with US congressman and British Politicians to launch a campaign to remove private banks creating money as debt. We have an infrastructure in place from which to launch a campaign in september. For more visit:

call4reform(dot)org

bankofenglandact(dot)co(dot)uk

[skeight976]

no central bank. why am i having to deal with these past historical problems. my fore fathers are screwing me over.

[Robmar420]

People.. There is only a certian amount of gold and silver in the world. If you want REAL truth on money and how it is made, Type in: Money as Debt in that search bar just above here :) Truth is knowlege, Be aware.

[iammready]

Lo and behold! Googling up a topic on utube, I stumble upon Ron Paul...2 yrs. later.

Interesting that so many laughed at him at the time, and yet...he is absolutely correct. I also admire his humility in light of his knowledge.

[DJwrush]

they are now , some people are aware of the causes NWO

[rickbradshawgolf]

What will be the backing for the dollar in the future?

[ndfootballch]

bravisimo

[ronpaulordie21]

how can people not understand what ron paul wants to do to help our economy? so many people bitch about inflation and poor housing markets, but yet they go and support a candidate like senator mccain, who has absolutely no idea what he's talking about when it comes to the u.s. economy. no other candidates come close to the amount of knowledge ron paul has about our currency and economy as a whole... RON PAUL 08

[swordslanga]

Amen to that! Could not have said it better myself! Ron Paul win or loose!!!

[mpalkstuff529]

iiiit caaaan heeuuurrrt

RON PAUL 08

[pestronia]

my precious, my precious.

[Searle8]

Ron Paul at it again!! However , he is right ofcourse in saying that we need a new monetary system. My own research, and development project of Transfinancial Economics holds the key.....and yes, it does not deal with a limited gold standard!!!!!

R.Searle

[TurboLoveTrain]

I'm not the smartest guy but I do know that a private bank controlling my currency is... not a good thing.

[NSResponder]

We've abolished two previous central banks in the USA. We've also returned to sound money twice. Once after the continental dollar collapsed, and once in a more orderly manner, when we redeemed the civil war-era greenbacks for gold and silver.

-jcr

[divinacomedias]

The problem of the current monetary system, fiat currency and privately run economy, is correctly identified.

ATTENTION PLEASE, be warned that a return to the gold standard will only favor those behind the current Fed fraud, the NWO, who's institutions such as the IMF have been buying up gold reserves from government treasuries. Clearly in the hope or eventuality of a DISASTROUS RETURN TO THE GOLD STANDARD, THAT HURT THE USA AND THE WORLD SO TREMENDOUSLY IN THE PAST.

[86thefed]

It's about competing currencies not a gold standard. This would create a market monetary policy. Any medium with some scarcity would work.

I agree that if we have a monopoly on currency of any kind like the Gold standard that could be used to the benefit of those who have cornered that commodity.

[zyby]

divinacomedias - you've been conned by the private banker's anti-gold propaganda. To see the value of a gold standard look back further in history.

[MillionthUsername]

Only a money monopoly can hurt the USA and the world economy, not the medium of exchange.

As long as you have freedom, you will have prosperity. If a new monopoly of centralized control is enforced, then we're in the same boat regardless of the medium.

Gold and silver are constitutional money for gov't issue. Paper is not.

[Rickdeckard2020]

The good cop vs bad cop routine is a deception designed to make you forget that they are BOTH cops!

Fiat vs Gold is a red herring, Fiat is better than gold if used correctly, but Bankers Fiat vs Bankers Gold are both a racket. The problem is not Fiat, its Banker issued at interest as 'Money from Debt'.

/watch?v=cy-fD78zyvI

[Rickdeckard2020]

Who is going to issue the GS money and where will they get the gold? Sure, when bankers had the gov go out of GS who got the gold at bare bottom market-flooded prices? Joe hobo? No Bankers and multi-millionaires. So who has the gold now that everyone will have to pay to get reserves from? Bankers and Forbes etc. Of course theyre smiling.And unless you reform fractional reserve banking and bank loans the GS wont mean shit anyway because most of the money is not even currency its debt.

[Rickdeckard2020]

(thats unless GS implies loan reform, in which case its a plus, but you still get the 'whos controling the gold' question and the straight jacket effect on the economy.)

[solielj]

You're right about Fiat being better then Gold standard, but Paul is talking about a competing currency. Whether it be gold vs, silver or gold vs. fiat. If you go back to strictly GS then you are making a huge mistake. Ron Paul understands this, and he's the only candidate that does. You also have to abolish fractional reserve banking. You can still have a central bank but not a privately owned one. Ron Paul knows this.

[divinacomedias]

The nation must print it's own money without having to pay interest to a private institution to do so for them and thereby hold the nation in eternal debt, for which it needs to print money to ver and pay further interest on that sum.

The autonomy of central banks must be removed, AND WE MUST NOT ALLOW A NEW CURRENCY TO BE BACKED ON GOLD, THE OLD TOOL OF THE INTERNATIONAL BANKERS. IMF HOLDS HUGE GOLD RESERVES AND HAVE THE POWER TO REVALUE GOLD AT wHAT THEY WISH IT TO BE.

[GhostyBoy13]

Anyone who says gold backed money is a crazy idea is going to feel silly if and when America does it. If a competing currency came out today, redeemable in GOLD, how many of you would trade your dying fiat dollars in a second for it?

The naysayers will feel awfully dumb when they miss that boat.

[cameroiexpress]

Paul did not "partially concede" to Bernanke.

He was bolstering his argument by pointing out that the people who are most damaged by the fed's reckless expansion of credit are those living on fixed incomes. Any contention that inflation doesn't affect domestic prices is absurd on its face. Think about the (imported) energy component cost of practically everything that is made.

[ThizzFaceOffNike]

ron paul is #1!! support and vote for ron paul.

[carcabe]

Want to do more than sit on your butt watching videos? Get involved with The Rights Rally, December 15th. rightsrally07 . com

[freekrolik]

We have a blimp... we need to teach about Liberty

[Niftytax]

No Tax Until Death

I believe I have a better way to collect individual income taxes and would like to have the opportunity to discuss my concept with anyone in the fair/flat tax camps.

[fearonism]

WOW... A president that reads?

Wow...

[roastbeef240]

I am trying to find the video where it starts out with I think a Thomas Jefferson quote and throughout the video there are numerous Ron Paul quotes. The quotes also kind of fade in and its hard to read them quick, you have to pause the video. But it's a really good video and has Steve Forbes supporting Ron Paul among other economists. Any help would be appreciated.

[ZerogunRivale]

The name of the video is "Ron Paul: House of Cards". Defenitely a great video and the one I show to all of my friends to expose Ron Paul to them.

[roastbeef240]

Thanks a lot, you have no idea how long I was looking for this. Too many Ron Paul videos!

[cameroiexpress]

Federal Reserve chairman Ben Bernanke made the incredible assertion during his 11/08/07 JEC testimony that the devaluation of the dollar will not hurt Americans buying domestic goods. We should be very concerned that a man with his power makes such a foolish and disingenuous statement.

[silus2000]

I saw that, but Ron Paul seemed to agree, outside of those elderly folks.

[cameroiexpress]

Ron Paul certainly didn't agree with Bernanke on that point. What are you talking about???

[silus2000]

He partially conceded the point, which is why he responded by specifically bringing up the elderly, those on retirement.  Go watch the video again if you forgot.

[nodesnetwork]

Money needs competition. Tyranny can be defined as "no other choice" and that is what money has become. Money is the tyranny of our lives.

Gold currency is probably impractical because gold is over $800 an ounce ( that's a VERY small coin. ) How do you buy something which costs $50 with an $800 coin? Silver, on the other hand, might be more practical. Look at my State-based proposal for silver "freedom" currency at stevemoyer dot us

[andy28277]

As you spam, the point is individuals may choose one currency over another on the basis of the issuer's demonstrated ability to achieve purchasing-power stability for that currency. Public confidence can be maintained only by a currency that is convertible at a fixed rate into some stipulated commodity or basket of commodities - which could include gold and silver.

[zyby]

nodesnetwork - You could continue to use paper or anything else practical to represent money but it would be gold or silver backed. Right now the USD is just paper and ink and can be issued in any quantity without reference to any tangible thing - that's an invitation for those in control to rip us all off AND they have done exactly that. It's time the Constitution was respected.

[1787patriot]

Thank You Ron for all you do..You are making me VERY Proud to be an American..

Ron Paul 2008

[atlcowboy2536]

Ron Paul is a 72 year old stud.

[TheEvilDetector]

Hahhaha, year right, you are essentially asking CFR puppets to speak against the CFR. Pigs can fly.

[zyby]

WOW!!!! Brilliant! Legalize competing currencies. THAT would straighten the world out and help get the current fascists out of power.

[ShaneKorte]

Neoconservatives arn't fascists. I'm a fascist. I strongly dislike neoconservatism.

[zyby]

ShaneKorte - If you are indeed a fascist then you ought to know what a fascist is. "Oppressive, "intolerant", "genocidal", "authoritarian", "intolerant", "dictatorial", and "aggressive", "diabolical" all fit but Fascist political and economic system is simply a marriage of corporate power with politics. i.e. All the above seem to fit the NeoCons.

[kurikuridonuts]

You're confused about what Fascism is. Fascism is not inherently oppressive, intolerant, genocidal or any of that.

Fascism is a meritocratic totalitarian state with a corporatist mixed economy and a system of enforced national solidarity. (Propaganda, militarism, etc) Its not necessarily authoritarian or oppressive. Although it CAN be. Google "American Fascist Party"

[zyby]

kurikuridonuts are you trying to disagree that a "Fascist political and economic system is simply a marriage of corporate power with politics."? - I said the other things fitted. Our experience of Fascism in the 20thC and now under the Neocons has shown they fit rather well.

[lyden2006]

Wow Ron Paul sure is making it an exciting race. I would be very interested to see how his policies work. He's got my vote!

[sharrouk]

Bravissimo BIG TIME lol

PWR2PPL

RP08

[phoobaar]

Why won't the rest of the media treat Paul this fairly?

[BlueTunisia]

Ron Paul is America's last hope! So make sure you drink some LiberTea this Dec 16th! Donate to save America!

Ron Paul 08!!!

[hozehd]

great video!

[andy28277]

Ron Paul Rules! teaparty07 dot com. Be a part of history.

[andy28277]

Ron Paul - the ONLY candidate who understands the economy!

[Salladsdressing]

I really hope RICH PEOPLE donate more money to Ron Paul!

I mean Guliani have a Billionare behind him =/

Where is Donald Trump when you NEED HIM? =)

[AXtheUniverse]

June 4, 1963 - President Kenney signs Executive Order 11110 which allows our gov't to print debt-free "United States Note" to compete with the "Federal Reserve Note." Upon his assassination, the $4,292,893,825 of United States Notes are called out of circulation and destroyed.

The Federal Reserve Bank runs a monopoly on our monetary system. Federal Reserve Act of 1913 illegal. National Debt = our loan obligation to this private bank. Federal Income Tax = the interest paid on this loan.

[guyinrichmond007]

Unfortunately most Americans don't even know what a central bank is..

[thediscovery101]

go paul

[ShiekYerbooty]

i was looking at a dollar bill, thinking of how the federal reserve has made our currency almost worthless, so considered writing RON PAUL on all the money i have so it would actually be of some value

[upconstruct]

If this election becomes more about the economy-the voters will beg for Ron Paul to save our butts from the fed's flat money- once they understand whats at stake.Ron Paul is the only candidate able to explain the problems and give solutions.Our economy needs a DOCTOR !!-Dr.Ron Paul.

[Garbonzo07]

No one else can beat Hillary.

[scott715]

Great video. This stuff is so hard to explain to people. The key point is: don't abolish the fed, let it compete with commodity-moneys in the free market. If the free market likes the fed system enough that it can continue to exist, then great. But I wouldn't bet on it.

[harrytenderbottom]

Now that is a breath of fresh air!

[rundoetx]

Ron Paul has restored my faith in America and it's freedoms. I am 55 and have been apathetic too long. Stand up now America. This is our last chance.

Free Hugs From TX

RundoeTX

[BJrob]

There has never been inflation or recesion under a gold standard..It can't happen and never has..read your history. The only time in history there was inflation before the Fed was the civil war..because we printed currency without backing it ..period.

[jaralero]

BJrob,

There is no such thing as an Economy without recesions.

The key point is the monetary skim of artificially lowering interest rates and injecting more money into the system: TAXATION BY INFLATION.

"Deficit spending is simply a scheme for the confiscation of wealth. Gold stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."

(A. Greenspan)

[youngseandunn]

fine, back the dollar with gold, just don't complain when we are in a recession 40% of the time, and the business cycle is rough as hell

[TodMcInerney]

Theres going to be a massive depression soon anyways ... caused by the the excesses of the current fiat/debt based system. (unavoidable)

Once thats out of the way and you are on to an ... honest asset based based monetary system, things will be very stable.

[TheEvilDetector]

There isn't going to be a business cycle you moron.

[TheEvilDetector]

Boom/Bust=Result of Central Bank fucking with the economy.

[chrisbeck79]

One of the best Ron Paul videos yet!

teaparty07

[J1Goro]

No one else can beat Hillary.

[muslimwomaninamerica]

I feel the same way. I really hope it comes down to Barack Obama and Ron Paul.

[Kilpinen]

"Beware! My girl and myself sent our paperwork to The Board of Elections to change our party and promptly received our new registration cards. After examining the cards I am still registered Libertarian and she is still an Independent. We need to get the word out to everone changing parties to check their new cards ASAP. If you are unsure please call your local office to find out what party they have you affiliated with. Please forward and post this everywhere possible."

[Dresden718]

Go Ron Paul '08 !

[morethanwords00]

Sometimes things are just straight forward. Thank you Ron Paul.

[msanchez007]

HAHA!!! I love this!!! His ideas are back by major business men, even a Nobel Prize winner agrees. Goddamit this the only candidate talking about this and they say he's radical?

[PlzPeopleWakeUp]

Preach the word, Ron Paul.

RP08

[CosaNostril]

I would so love to see a one on one debate with Ron Paul and any other top tier candidate. He would tear them apart because none of them know anything about the economy

[skmn73]

Wow.. I wonder if Mr.Bush understands anything what Dr.Paul said here.

Go Ron Paul!

[TheEvilDetector]

Bush has his thoughts written for him by his handlers.

[FaoleannOBradaigh]

I'd love to meet Ron Paul.

[ProspectorSam]

Yes, you would. :-)

RP 08 FTW

[Amy31415]

Will Forbes publicly endorse Ron Paul? That could be something...

[Allerious]

Negative. He's already supporting Giuliani.

[Amy31415]

What is Forbes thinking???

[keenonfreedom]

Ron Paul - a principled, honest man with integrity! Vote Ron Paul in your primary election.

[skdjfhskjhdf]

go Ron Paul!

[ungobob]

This man is so right on

[healthhavencom]

Dear Mr. Forbes,

What's the definition of "rock solid currency"?

[TheEvilDetector]

Anything other than the monopoly money system of today, eg. precious metal backed paper.

[BlueTunisia]

Ron Paul would SKY ROCKET our economy! Even the traders on Wall Street say so! This would make America and all her Citizens rich and truly Free! Dec 16 Liberty Tea party! Don't forget to donate to save this lland!

Ron Paul 08!!!

[dhprince]

Ron Paul is the only Presidential candidate with any intelligence at all. Could you imagine Billary or Ghouliani trying to fumble through a discussion on monetary policy?

[evilwhitey98]

Forbes SHOULD endorse him! That would be spectacular! We need to get the message out people! Ron Paul needs more air time! As said before, none of the other candidates seem to have a clue what is really going on in the world!

[danieldeibler]

Fantastic!

[hondahater]

He is the man! Ron Paul 2008!

[GANDBLASTER]

RON PAUL ROCKS! Chk out my Fav videos of him!

[lastnymleft]

Commodities billionaire Jim Rogers (George Soro's former partner) also said Ron Paul was "The only one of the candidates that knew what was going on in the world"...or words to that effect. It was in a Ron Paul video somewhere. That'd be a great one to include.

[lastnymleft]

Got it!  /watch?v=airxvVmGnqc

From 04:30

[kingnek]

do u want the Rothschild to hunt down Mr Forbes? either way, its all good

[goneresistance]

Ron Paul has been consistently delivering this message for 30 years. People just now decided to listen.

[scudiac]

forbes should endorse ron paul! that would send a shockwave through wallstreet!

[LibertyLegends]

Great video to show that Ron Paul's issues are based on deep intellectual thought.

[Vitacore]

Best video on Youtube

[venicebeachsurfer]

why doesn't Forbes come out and endorse Ron Paul? C'mon Mr. Forbes - go against the grain and the elites, support the ONLY sensible choice, Ron Paul!

[Krippy]

Neat video. So was Forbes supporting a gold backed currency at the end?

Sorry, a bit new to the whole monetary policy thing.

[Mizral]

'Have the dollar as good as gold.' - Steve Forbes There you go.

[jayliewow]

Every single American needs to see this video!

Man, that was great!!

Go RON!!

[inibo]

Monetary policy has always been very abstruse and obscure to me. It's nice to have someone put in terms that we mere mortals can understand.

[dsentell]

Excellent Video!

Ron Paul understands . . . the other candidates don't have a clue . . .

[Garrettwombat]

very good video

[YazDawg]

best video ever. thank you.

[SPACE3200]

RON PAUL will be the next president