Ron Paul to Bernanke - Moral hazard of currency devaluation

[babapoopoo]

when paul volcker raised interest rates.. those were the rates on the mortgage loan? when ron paul talks about interest rates.. he's talking the window rates at the FED?

[guitarland]

Ron Paul has been right on the money all along.

He should have been elected president.

[kng863]

He should have been, but Washington and Wall Street have too many special interests to not stop the fiat gravy train. Look at what they're doing with health care. Just another government funded program. Medicare, CRA, Fannie and Freddie Mac, Nasdaq bubble - all government programs just to distribute fiat currency. All booms have busts.

[nicolatwo]

Ron Paul is talking about moral hazard. Pointing the finger. But he got mad at Bill Clinton for creating a minimum wage for NAFTA. Ron Paul wanted to create 0 minimum wage for NAFTA. Not too morally safe in my opinion.

[Romeowasbleeding1]

@nicolatwo

Silly person, Moral Hazard is a term used in economics.

Anyway, creating a minimum wage drops the demand for labour, meaning that there would be less jobs available to people working at NAFTA.

Again... something that is so damned obvious, if you just happened to study a little economics.

[r12155]

American do not want change. They just want new faces in Washington.

[rsobrien]

This video was made nearly a year ago and look where we are.

Why don't people listen?

[nonew3]

I am going to the County Convention as an alternate delegate for Ron Paul, and I just found out that my chances of being bumped to delegate is high.

I can hardly wait!

[brown55061]

The Federal Reserve is doing everything they can to serve the investor well. They could care less about the other 90% of the country who cant even afford to invest in the american markets. As long as the rich are protected the Fed will think they are fixing the problems. And in the next 50 years the US dollar will be worth less than ethiopia's!

[rbbo08]

Dr. Paul is not only an economic scholar who fully understands the crisis our economy is facing, but has more principled integrity than any other candidate.

He will serve our country well as our next President.

[IntoEternity0329]

I listened to an argument, consisting of 4 minutes of complete truth to be countered by 30 seconds of a complete lie. And this is our news??

Ron Paul is our ONLY hope. Donate this Sunday!

[Silverfilm]

Hmph. HeliBen didn't even answer the question.  Why is getting a straight answer so hard?

[tbonevoodoo]

Ron showed the world on TV that he is a total dumbass.hahahaha

[IntoEternity0329]

Care to elaborate?

[dagreat1s]

It's people like you that are responsible for the current state of ignorance that makes up the vast majority of the American public.

Ron Paul could've done wonders for this country but Neanderthals like yourself cannot accept the thought of change.

[nicolatwo]

For degenerated1s: Ron Paul and wonders for this country. HaHa. Ron Paul is worse than Dick Cheney. And it's hard to beat Cheney in terms of being bad as we all know by now. Are you a Neanderthal?

[dagreat1s]

nicolatwo, you offer such insightful wisdom Cro-Magnon man. From "HaHa", "Ron Paul is worse than Dick Cheney" to "It's hard to beat Cheney in terms of being bad as we all know by now".

When speaking in terms of your intellect, calling it "bad" as we all know by now would be like calling Bush's reign in office "a minor setback". You, much like Bush are a failure of epic proportion.

Do your part to help control the population of ineptness... go play in traffic.

[nicolatwo]

For dagreat1s: Sorry you took my criticism towards Ron Paul and Dick Cheney personally. It's valid criticism to say that Ron Paul would not do "wonders" for this country. But you responded with ad hominem attacks against me, which are invalid argumentation strategies.

[youngseandunn]

there has never been a sustained zero inflation rate in history. furthermore, relative value of the dollar in relation to foreign currency is not subject to interest rates alone, there are many factors.

[andyp2000]

No. There was not a sustained inflation in history in gold/silver based money either. The only one was Europe in 16th century, but even that was modest to todays standard.

[IntoEternity0329]

And I can prove beyond reasonable doubt that 90% of inflation comes from the Federal Reserve bank. If you need to learn for yourself I suggest you watch Zeitgeist.

[gods2fight]

Ron Paul is a visionary like some of the founding fathers- that is why he will never get elected. We want Obama and Guiliani girls to win.

[crazydavidsmith]

Ron Paul will be elected when we show up to the primaries.

It's not enough to just vote this election, we are telling our friends and family about Dr. Ron Paul. This is a revolution, and it's not going to stop.

[nakedfrenzy6241]

If Ron Paul is murdered! THERE WILL BE A REVOLUTION BECAUSE OF THE INTERNET!

[jaychins]

hey this hypothesis is too much...

[tbonevoodoo]

ron paul is probably in skull and bones...

[lastnymleft]

Nonsense. To be in Skull and Bones, you need to go to Yale, and get "tapped" to join their nefarious secret society. Like George W Bush. Like John Kerry.

Ron Paul is the antithesis of what those people stand for.

[tbonevoodoo]

yeah you're right.Ron Paul Sux...

[dusteroo]

Ron has spoken too much to suggest he was apart of S&B.

[falkminuteman]

the interest rates are even low

a 5.9 apr loan i could of got a 5.8 in march

you just wanted to weaken the dollar that it

fuck you elites suck your mom dicks

[Led7Zepp]

Did you notice how Bernanke voice was quivering w/ fear? He gave a 30 second answer to a 5 minute question. Basically, the working class people are fucked. The Federal Reserve and George Bush with this Trillion Dollar war are doing the dirty work of Osama Bin Laden and crashing the Dollar. Goodbye United States. The house of cards has fallen.

[jaychins]

true!

[kevin29chev]

Make the most generous contribution today at

ron paul 2008 . com /donate/

The third quarter is almost over.

show the media the money, help make Ron Paul the top story in October.

DONATE! DONATE! DONATE! $5 $10 $25 $50 $100 ????

[codematrix]

I love Ron Paul. My fear is that if he ever get's elected as president of the US, he may suffer the same fate as JFK. Remember, JFK wanted to do something about the secret society and remove their power from the IMF. A month later he was killed.

WAKE UP EVERYONE!!! This is not a bunch of fools on some crazy conspiracy but reality of what's being played out by a bunch of evil elitists.

VOTE RON PAUL!!!!

[Bogdanua]

Noone who speaks the truth will ever be elected

[mobhit88]

GO RP08!!!!

[SuperThief]

Inflation is 2%??? LOLOLOL, yeah as long as you take FOOD, ENERGY, and HOUSING out of the equation! That's how they do it people. Vote Ron Paul 2008, the only man with the balls to tell the truth.

[promiskept]

Ron Paul is the only Presidential candidate willing to tell the truth about this wicked enslavement and hostage-taking of the poor and middle-class by the "Feds" dollar dumping policy. Concern over monetary policy is not political grandstanding for him though. It was the reason he got into politics in the first place and the House committees he's served on.

[TheAUricle]

...and this is goiong to get worse. When the value of a BUCK approaches that of the Mexican PESO we will see:

1) THE BIRTH OF THE NORTH AMERICAN UNION...(the end of our soverignity as a nation)..AND,

2)A NEW CURRENCY, THE 'AMERO'.

Of course this 'new' fiat currency will be backed by NOTHING, just as our money is now.

Oh, I'm sorry. OUR dollar is backed "by the good faith and credit of the U.S.!!! GOD HELP US!

VOTE 'RON PAUL' President 2008

[TheAUricle]

If you don't believe what RON PAUL is saying, then please explain WHY:

The Canadian dollar which 1 year ago was only worth 75-80 U.S.cents, TODAY TRADED AT 1:1 ratio with the US Dollar.

THATS RIGHT. OUR U.S. DOLLAR IS NOW WORTH NO MORE THAN A CANADIAN DOLLAR!!!

[jbryant13]

Lets compare apples to apples !

In 1950 a dollar was worth a dollar - today it is worth 4 CENTS !

[ASigIAm213]

It was worth 87 cents in January. What the hell happened?

[catobear1704]

Paul is so right on--what moral authority, let alone constitutional authority, does the Fed have that it can work to "bail out" Wall Street and let the middle class fall to the wayside?

Unbelievable.

[TheAUricle]

The FED CHAIRMAN IS SERIOUSLY DELUSIONAL.

If he REALLY believes what he said, then he is not qualified to hold that position.

Furthermore, even if he is 'qualified' the FEDERAL RESERVE (which is NOT A GOV'T AGENCY BUT A GROUP OF GLOBALIST BANKERS WHO SEEK TO MAKE THE U.S. ANOTHER THIRD WORLD COUNTRY) NEEDS TO BE ABOLISHED!!!

THEY ARE RUINING AMERICA FOR THEIR OWN PROFITS!

We must NOMINATE and ELECT RON PAUL our next President. WAKE UP!!!

[FlashVirus]

Go Ron Paul! Make sure to vote for him everyone

[BrightAnarchist]

Please RESTORE OUR REPUBLIC Watch these on Google Video: 1. "Freedom to Fascism" 2. "Aaron Russo: The Architecture of the Prison Planet" 3. "Money Masters" (MOST IMPORTANT) 4. "Money As Debt" 5. "Fiat Empire" 6. "An Idea Whose Time Has Come" (The Action Plan) 7. "911: Press for Truth" 8. "911 Commission Report David Ray Griffin" Vote RON PAUL 2008 Liberty~PEACE~Prosperity Please post this everywhere to spread the truth.