Paul Van Eeden about monetary policy of the FED on CNBC

[orkhun2023]

Not only did Erin sound totally clueless with her comments - she looked dumb as well.

[orkhun2023]

I agree with the poster who said the talking heads on CNBC are clueless. This video really makes them look bad.

[hayyouman11]

Game, Set, and Match!!!! Winner Paul. The reason why the US is in the mess that it's in is because of dumb people who don't understand the basics of economics 101 are the CEO's and Politicians of this Country???!!! Way to go Paul. I should have listened to you on your uranium call.

[TruthAxe]

The attack poodle for the Establishment, GE's CNBC has a name LIESman, Steve LIESman.

That says it all.

Before the decline, oil price surge over the last several years was fueled by China Bubble (hoarding build up to the Olympics), growth in money in circulation, and margin speculation.

The MSM pushed this oil price bubble with stories of Nigerian rebels, Iran, hurricanes that never materialized.

[Yodaismycopilot]

This cat is very smart. The talking heads interviewing him are nearly clueless.

[fun69stein]

the only reasonable solution for oil crisis

and wars is to introduce pneumatic cars,

which would cut cost of commuting by 90%

and make all dictators like Putin and Chaves

bancrupts.

No oil no war, no problem.

[shanklinmike]

Putin and Chavez are already bankrupting their own countries......do you propose that GOVERNMENT "solve" this "problem" with one of their "solutions"?

Only the peaceful market economy will be able to bring about this change!

[garyowen4ever]

EAT SHIT AND DIE WALL ST. SCUM!

[garyowen4ever]

HEY LIESMAN, when you are in chicago tomorrow, HAVE A CHICAGO RIVER PERCH ON A BUN, also check out North HALSTEAD STREET,,,,,you'll like it!

[cutiepatooty3]

my last name is van Eeden too....

[donaldsonb]

Mark doesn't understand much!

[clinevol98]

erin burnett is an absolute dummy.

[davincij15]

Truth is difficult to come by these days Paul Van Eeden is one of the few that truly understand what is going on. You can't blame the others when there jobs depend on them not understanding.

[garyowen4ever]

erin burnett is the BIGGEST ASSHOLE IN TV HISTORY. if you dont agree with me,,,go fuck yourself.

[DOLLARCRASH1984]

CNBC is the Federal reserve's private channel.

Desinformation.

[garyowen4ever]

LIESman is interviewing hank paulson right now on cnbc, but he really shinning paulson's shoes with his lying tongue. its wedding bells for steve and hank, i think.

[DOLLARCRASH1984]

America's DOLLARcrisis!!!!!

All fiat currencies (includes the Euro) are bubbles waiting to get popped.

[dan020350]

prices will decline if money does not print more. And if gold and silver back up prices will decline even more

[garyowen4ever]

HEY LIESman, your butt buddy BERNANKE just caught a face full of piss from JEAN CLAUDE TRICHETE.............I LOVE THE FRENCH!!!

[Rustyshackleford08]

Van Eeden is awesome, I will be listening to him to from now on along with Schiff, Rogers and of course RON PAUL 2012.

[Rustyshackleford08]

BULLSHIT, the rest of the countries are propping up the America dollar by lowering their rates too.

[hqlion]

Van Eeden understands real economics-Austrian, the others are sheep or liars.

[garyowen4ever]

STEVE LIESman has a great future in chicago selling hot dogs from a cart on the polish freeway,,,,,Milwaukee Ave,,,,

[ItsFazsha]

Steve Leisman is scary; he's totally drunk the govt Kool-Aid, and even when faced with a perfectly logical argument, it can't register in his bald head.

[JRCrowley]

The Fed isn't to blame? What are you going to try to sell me next, Floridian real estate?

[au17ag1200]

"Commodities prices were shown to be driven by one common trend, identified as a monetary shock." see Recent Inflationary Trends in World Commodities by the International Monetary Fund. working paper WP/08/130

[nemnaisa]

Austrian vs Keynesian. The former may have lost battles, but it will eventually win the war.

[valhalla1060]

Wait. If you believe his argument, which I see alot of truth in, the rise from 3 to 130 is split about evenly between 3 to 13 and 13 to 130.

13/3 = 4.3 130/13=10

The difference is one more doubling only. 4.3 to 8.6 is about 10. So 90 % of the rise is not due to M3, but may 2/3 of it is.

[lastnymleft]

Val:You're looking at it the wrong way. You can't say ALL the rise from $3 to $13 was supply and demand, and ALL the rise from $13 to $130 is monetary policy. He was using that for indicative purposes only. He's really saying "$10 of the rise from $3 to $130 can be attributed to supply and demand issues, and $117 of the rise from $3 to $130 can be attributed to monetary policy issues". So you have to look at the 10:117 ratio, meaning monetary policy issues have 11.7 times more influence than S&D

[eruditefello]

Huh? Money supply has been allowed to do whatever it wanted for roughly a generation now. The recession of 1981-82 pretty much ended the Friedman-influenced monetary policy which attempted to control inflation by controlling money growth. This is not even a debate in mainstream academia. It's a non-issue. This guy's a quack.

[lastnymleft]

What the hell are you talking about, "Money supply has been allowed to do whatever it wanted for roughly a generation now". Have you been living under a rock? Since 2001, Greenspan, flooded the world with USD to prop up the economy, overdoing it, thus creating the housing bubble, and now Bernanke has been flooding the world even more with USD to prop up the bubble, overdoing it, causing rampant inflation and higher commodities prices (oil, wheat, rice, etc)

"...do whatever it wanted"? ROFLMAO!

[Green7Hornet]

so, erudite, if you really believe what the academics say, and that van eeden is a quack, are you buying financials right now?

[voicefromthegrave]

Mainstream academia... please don't make me laugh. The old addage still applies: those who can, do; those who can't, teach. When we see these armchair quarterback academic types put their (or their clients) money where the mouths are, then they might have something of value to add to the debate... Most likely what they add will be a report on how they lost all their money because the markets are irrational.

[ytube2000z]

Paul van Eeden is to much for the CNBC guys.

CNBC is the best example of why our country is falling apart! Bunch of stupid clowns!

[ytube2000z]

Mark Haines is sssoooooooo stupid!!!! He can't just listen and think, is to much for him. And the face that Erin Burnett made, she doesn't understands a word of Van Eeden's explanation!

[putittogether]

Wow I just lost ALL Respect for this network. The bubble heads at CNBC tried to slam the one truth teller.

[putittogether]

Fucking Comcast is making impossible for people in Colorado to use and enjoy You tube. They are slowing our connection to the internets...fucking bastards

[garyowen4ever]

cnbc capitalist pigs help me understand why those ungreatful french peasants interrupted their cake eating to separate marie and louis from their heads,,,,,,,,the euro CENTRAL BANKERS ( except for ENGLAND) DO NOT SCREW OVER THEIR PEASANTS TODAY! the euro central bankers recognize inflation and they'll not help us anytine soon. LIESman is a FED butt boy and erin is a scripted COLLEGE COED bunny and haines is an old fashioned capitalist pig, who looks like a pig from iowa.

[CEDRICWARD]

Van Eeden knows his stuff..

the CNBC people are idiot babblemouths.

[CEDRICWARD]

Van Eeden knows his stuff..

the CNBC people are idiot babblemouths.

[Bobb9999]

CNBC, aptly named "bubblevision", "tout-TV", "bullTV", by various analysts, is a sham. CNBC is a marketing/propaganda arm for Wall Street & its Fed pals. CNBC is perma-bullish on mkts. 'cause that's the sentiment Wall St. wants to create. "Token" Bears or Fed critics like Van Eeden are only occasionally allowed on - so they can get ganged up on and be shot down by

the majority toe-ers of the CNBC party line.

Investor warning! Watching CNBC may be hazardous to yr. financial health! Avoid!

[sxcbottom]

This guy rocks!!! and the invaluable information he delivers has me a ton of cash since 2004, still stacking them gold bars in Noah's ark :)))

[eastwood24]

The whole word's monetary system is debasing their currencies, in many country's its greater than USA. The gov't CPI is a fraud. Check the fed's M3 growth...oh you can't anymore since 2006.

[MushroomCloud666]

Haha this is joke of the year, in my currency which is pretty stable the oil price went up approximately only 50% in last decade! European central bank is just inflating a little bit less than FED, that's all - so this comparison is totally ridiculous.

[donaldsonb]

Growth in Money Supply = Inflation

Stupid CNBC!!!

[ItalicBold]

well said!

[Tasadaru]

Let's see, who else hates the Federal Reserve? Ron Paul, Peter Schiff, and Jim Rogers. Oh yeah, it just so happens that the latter two support Ron. Hmmmm. Honest men think alike.

[helraizr]

Ron Paul anyone?

[freekrolik]

like bush would said : Awsome!

you bet we won't see him again on TV!

the hosts were a bit suprised.. hehe

[seekerofdeth]

awesome he owned them... and he is absolutely right!!!

[lastnymleft]

Wow, that Canadian guy is great! Fancy quoting Murray Rothbard! Great stuff!

My prediction: that will be the last time he gets on TV. He managed to successfully rebut every objection from the apologists, and exposed the Fed for what it is doing.

But it's not just oil, it's wheat, rice, corn, and ALL commodities traded in USD around the world. The Fed is to blame for it all. There is NO shortages at present. Supply and demand, and a bit of speculation, are part of it, but it's the Fed, mainly.

[WorshipVideo]

I think Paul Van Eeden is actually South African, but yep, he's awesome.

[Conza88]

Correction: ALL CENTRAL BANKS.

They've risen M3 aswell in other countries. Y-E-S.. Fed just lost their case.

[Conza88]

FED is all to blame.