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From: markiegreg
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  • Goddamn. What an idiot. Maybe his supporters should listen to the top economists in the country and less to an ex OBGYN.

  • Has anyone ever argued against Ron Paul on this topic? I'd like to see it.

  • This is from JAN 17, 2007! This man knows what he's talking about!!!!

  • This was the case in 1668 for the swedish central bank (first in the world)  "However, Stockholms Banco, the world's oldest note-issuing bank collapsed as a result of the issuing of too many notes without the necessary collateral. Palmstruch, who was considered responsible for the bank's losses, was condemned to death". After this, note-issuing by the central bank was forbidden by law. Now, almost 400 years later, the american federal bank does the exact same thing...

  • Space Exploration as well

  • Human Resources = Fiscal Policy

    Raises some arguments

    Agree with Constitution 9th and 10th Amendments

    If we can utilize Human Resources effectively with sound fiscal policy

    Wave, Tidal Energy

  • I was considering voting for Ron Paul....but after seeing this no way. If you look at history this debate was settled in the nineteenth century, look up the Panic of 1837.

  • @kb0671 You have to understand what initially caused the Panic of 1837 it was aggravated by the Bank of England when it in one day threw out all the paper connected with the United States.

  • Ron Paul is a racist Nazi, who was endorsed, PAID by Don Balke, David Duke Nazi Stormfront, Farrakhan, Islamic jihadist and other American haters.

    icans are criminals or Semi criminals, that Jews are plotting against America and he promoted racial war as a tool for taking America. His racism was even caught on tape:dailymail(.)co.uk/news/ar­­ticl­­e-2078217/Newly-uncover­e­d-vide­­os-letter-Ron-Paul-p­ro­moting-­r­acist-newsletters­--l­ong-said­-k­new-them(.)htm­l

    He didn't change-his rhetoric did

  • America has no gold to mint. They want a world currency

  • Ron Paul 2012

  • PLEASE BE MY PRESIDENT!!!

  • One of the first things that has to be done is to audit and inventory. Without those numbers nothing can move forward. But it also will show paper trails and discrepancies The shit will hit the fan. The Dr. will have to operate to remove the cancer within our system. or we die.

  • Is the music really necessary?

  • Dr.Paul just gave you... *puts on sunglasses* the diagnoses

  • I was looking at other fiat money and the Romans had it before their collapse and I wonder if that was the real reason for the fall of Rome, not the story you hear as history. If the printers of our fiat money want you to use toilet paper as gold, they couldn't very well teach you in their schools that it always ends in ruin.

  • Smartest man in the country.

  • Watch /watch?v=n4em7VeCHSs and /watch?v=7R4yEqdKYyM  to make sure that you have not been brainwashed and have an accurate pitcture of things !!!! Ron Paul for President.

  • Well we know about it now and I don't see any of you guys on Cap Hill scrambling to abolish the Fed and it's evil twin the IRS. Maybe you guys have a vested interest in keeping it in place.

  • only problem is that the Government no longer has any gold to back up the currency. It was probably stolen by the IMF and the banking elite a long time ago.. Fort knox is probably empty. No one is allowed to go into ft. knox to see.

  • @ILLBROADCASTYOURFACE seriously I can't see what good petitioning the obama administration will do. Petitions in general... from what i've seen... can be tossed out for a few bad signatures. So all the people opposing them have to do is enter false information then point it out. It's impossible these days to get anyone to pick up a phone to verify information. So.. not likely gonna happen. dream on.

  • Everything he says is true - but many people will go on voting for more of the same dirty treatment from the status quo.

  • The problem with silver/gold is..it's heavy! lol. It also has intrinsic value. I agree with almost everything Ron says but I seriously think I have a better idea. I designed (like I design a good circuit...) a system that would properly regulate today. I'd love to talk to Ron about it. This is truly a revolutionary brainstorm! I don't know why I never put the pieces together like this. Watch my channel..I'll be doing a video on it!

  • @sounddoctorin It's true that gold in it's form is unwieldy but the dollar used to be proof that the gold existed. As long as you knew you could take your silver and gold certificates to a bank and get your gold was the whole point. The problems started is when banks started issuing out more certificates than the gold could accommodate and it happened because not everyone was rushing to the bank to turn in their notes at the same time.

  • @psovegeta Well I think there's still a problem in administering it to banks and then loaning it at interest.

    The whole thing is..it's supposed to be what? It's supposed to represent real ASSETS...not just gold/silver. The whole idea is that there be easy to use cash to trade with rather than JUST the products! hehe

    So my system reasons that since people employed to MAKE products are the only ones not setting their own wage, the replacement dist. should be given to them. Then all else...

  • @sounddoctorin continuing...all else will self regulate if a free market environment is enforced! :-) It's like a well designed circuit! We don't need change mongers to be setting prices or interest rates. Bust trusts and let the free market system do it's thing! But as product increases there needs to be cash to represent it for things to flow smoothly. IF that is distributed to workers proportional to product created, then it motivates workers more to excel! Owners meanwhile set price!

  • @sounddoctorin going back to the gold standard does not mean you are going to carry gold coins . common dude, for real.

  • @lilsm555 Hehe. yes I know. I'm just trying to post a way that would be more logical. Gold is one of many things that has intrinsic value. The wizard of oz, as you may know is a story that has symbolic references to the gold and silver standards (the ruby used to be silver but technicolor wanted Ruby :-) ) WHY NOT HAVE AN ANALOG SYNTHESIZER STANDARD! LOL. Seriously. I'd vote for that. China I understand has mass Gold now. Not sure it would work out as well. :-)

  • I was gonna share this vid with a friend, but WTF is up with the random music?

  • No other candidates want to address this issue. Go Ron Paul!

  • @er1cmaurer hahahaha i agree about the random cheezy music, so annoying

  • What's with the distracting music in the background? Just let us hear him speak. You don't have to dress it up you know. This is Ron Paul, not some asshole politician.

  • First off, if you want to keep the Fed, you are fooled or funded by them. Second, what other person has stood up against all odds with a message of hope like Ron Paul? I will cry if a corperate puppet buys his way into our highest authority...again.

  • You guys seriously want Ron Paul as president??? Did you watch the video? LOL he saying get rid of the dollar bill, and start trading gold. All libertarians want this, it's crazy because we would loose all our money. Libertarians are so crazy. I mean they are too literalistic. If the constitution said you have to heil George Washington, they would!

    But seriously vote Rue Paul 11'!

  • @tra12345iscool He doesn't want to get rid of the dollar he wants to have a competition to the dollar, just legalize gold and let people choose what they want to use as a means of exchange, if you want to use dollar fine, but it shouldn't be illegal to use gold as a form of payment. Wouldn't you want to be paid in gold, rather than paper? read his books he explains everything. It took me a while to understand him, once you do u'll never go back to the old thinking. It just makes perfect sense.

  • @tra12345iscool Everytime, All times

  • Stand strong warriors. The end-beginning is coming ...

  • Paper, Nickel, Copper vs Gold

    What do you really think is worth more?

  • You Americans need to protect Ron Paul! don't let the banker funded CIA assassinate him like they did JFK!, he is the light for sure, de-privatise your economy already!

  • get the music out so i can hear ron paul!

  • Ron Paul CAN FIX the economy for years to come. This is all you have to read, for god sake I hope you read it. Google this: "Abolish The Federal Reserve Act of 1913" I had no idea until I read this. I'm a college student and usauly I mind my own buisness with this stuff, but just trust me you gatta read this. If you want to make a difference sign the petition! I did I'm number 11301.

  • @1dtbimp I read this book called "Sutton - The Federal Reserve Conspiracy (bankers that stole America)(1995)" ...... I think it also shows how America has been blindsided by the Fed.

  • There's one thing you never hear from these Ron Paul nuts. Oh, they'll rant and rave about what RP thinks. Freedom this, freedom that, yap, yap, yap. But they never tell you what RP has ACCOMPLISHED. Because for all his years in he hasn't accomplished anything worth mentioning. Which is just one of many reasons why he will never be President.

  • @MasterOfSparks

    If never accomplishing anything was truly disqualifying, Obama wouldn't have been elected.

  • @MasterOfSparks he delivered 4000 babies,Air Force flight surgeon Vietnam era, author 6 books,married to same woman 54 yrs,refuses to sign up for govt pension saying it would be "hypocritical",gives back a portion of his salary yearly,on House Banking Committee,drafted a bill to audit the Fed which caused the housing bubble/subsequent crash.For a return to gold standard so $ can't be created out of thin air causing inflation/devaluing the $, for immediate troop withdrawl

  • @doogleandalix Modeled his life philosophy on the books of a woman who sent love letters to a man in prison for kidnapping a 12 year old girl for ransom and then chopping her up for kicks. Ayn Rand called him a "superman". Your idol is a psycho.

  • @MasterOfSparks Also, He has never voted to raise taxes.

    He has never voted for an unbalanced budget.

    He has never voted for a federal restriction on gun ownership.

    He has never voted to raise congressional pay.

    He has never voted to increase the power of the executive branch.

    He voted against the Patriot Act.

    He voted against the Iraq war.

    He returns a portion of his annual congressional office budget to the U.S. treasury every year.

  • @doogleandalix Thank you! my new FB status :)

    Love the man!

  • Comment removed

  • @doogleandalix you forgot to mention he is the only candidate that is not a member of the evil bilderberg group including obama , ron paul is also against s-510 bill, which will be implemented after 2012 elections , when it will be illegal to grow ,share, sale any vegetables or lifestock raised in the gardens of american citizens ,

    1ST US politicians want to destroy the middle class

    2nd they want to stop them from been at least food independent

    3rd they want to abolish freedom and liberties

  • Mmmm bailouts with digital money not backed by gold or silver hhhhrrrrggh

  • I pray that Ron Paul becomes President.

  • @Dendiol Don't pray, vote!

  • @Southparkateer2 I can't, I'm British.

  • @Dendiol I pray for you ... !

  • “THE GREATEST NATION ON EARTH?” Or is it-“The Greatest (Mentally Numbed-Down) Nation on Earth? He who Controls the Media - Controls the Information! He who Controls the Government - Controls the Rules! He who Controls the Money – Controls Everything!! There all controlled by the same parasites. America has been gravely deceived!“ The American Dream!” has been hijacked by parasites! It's time now for America:.. to Take-Back Your Dream!

    Please read: wake-upbeforeitstoolate(dot)co­­m

  • I've only just started to read about fiat currencies. Explains a lot - the instability in the system (our economy crashes every 10 years like clockwork), the fact the rich like it (if you have capital and you know it's coming, you make a killing every time the economy crashes), the fact that it pays the banks to lend more and more until the next crash... but the crashes seem to be getting worse. hmmm.

  • @nowthatsinteresting1 "Explains a lot - the instability in the system (our economy crashes every 10 years like clockwork)"

    It sounds like you think there was no instability and no crashes under the gold standard.

  • @patbarkley Maybe worse instability since the gold standard went? Certainly the whole idea of fractional reserve banking and this type of currency without an actual economic basis seems deeply flawed - and now we have the ultimate evidence that it is flawed - global meltdown

  • @nowthatsinteresting1

    We had fractional reserve banking under the gold standard.

  • @patbarkley Ok - but at least in those days the currency had some type of reality (ie gold). Now, the way I understand it, if you borrow $100, then the bank needs to have $5 - 10 in reserve, and the rest is pretty much virtual money with no actual value at all - except what someone is prepared to pay for each dollar. This sounds like some type of confidence scam or ponzi scheme - and it's doomed to failure sooner or later...? do correct me if I'm wrong because I don't understand this too well!

  • @nowthatsinteresting1 ur correct, its a ponzi scheme. and yes eventually it will collapse.. when idk.

  • Legal tender isn't made out of thin air! It's made out of paper!

    Why is gold worth anything? You can't do much with it except use it as a conductor maybe.

    Ooh, I'm brainwashed!

  • why dont you make this your message ron putting government in private hands unregulated doesn't work

  • Government spending is rather irrelevant.

  • Ron Paul goes off the deep end at 5:30. Neutrality of money makes inflation irrelevant. The problem is inflation coupled with concentration of wealth, but the fundamental problem is the 'gravity; of wealth itself.

    What we need for monetary policy is an amalgam of Ron Paul and Ralph Nader.

  • City To Firefighter and Police Retirees: Give Up 50% Of Your Pension Or Risk Losing It All

    In Rhode Isand

  • @4:40 onward.....how eerie is that predict by Dr Ron Paul???

  • The public would never give up the Fed Reserve and the deregulations of the investment firms. They have this false standard of living called credit. Keynesian economics has not delivered since ww2 Today's resources and industries no long producing plus population factor .Ron Paul 2012

  • How is it that banks have the right to loan 10x's more than they actually have in assets? No wonder they needed bailing out after doing the crazy stuff they did in the past 10yrs. How is it the public needs to foot the bill for banks mistakes? Using the excuse "their too big too fail" rediculous. How is it that the general public just turn a blind eye and accept the prez that promises money and programs? WHERE is the money coming from!? WAKE UP AMERICA!

  • Ron Paul goes back to the heart of what occured back since the days of the founding of this country. Central banks (Federal Reserve have taken control of the publics mone and used it to their beneift. How many times does it need to be repeated, the Federal reserve is not a federal entity! And its the only private corporation that knows whats going on way before anyone else does.

  • I always thought there was something odd about Ron Paul’s argument.

    If we switch to gold and they have cornered the gold market hook, line and sinker, shall we not be in worse state?

    I say go the National Bank option.

  • @NewBaldwin saying he wants to switch to gold isn't entirely accurate. actually he wants to once again make it legal tender and offer it as an alternative. just like in utah now. you can use both. when more people in utah notice that as the dollar goes down in value gold and silver go up more people will buy gold and silver and actually begin to use that.they'll be rich!

  • @theeonionbagel Yes I get that, and its better than nothing but still the Rothschild group own the gold market completely. One of the reasons they got off the gold standard was because they discovered that Russia had more gold un-mined than all the gold accounted for so far, thus automatically shifting the balance of power should they chose to mine it. The Utahans will be rich relative to the rest of America but will still be at the mercy of the bankers.

  • ron what is the alternative? having banks print money?

  • @nsdtr01 ya I've been wondering that.. Do u think that would work?

  • @SHIBBYiPANDA based on history NO

  • @nsdtr01 what makes you say that?

  • @SHIBBYiPANDA which bank's money is good and not so good - exchange rates would be a hodge-podge of whatever a bank could get away with - also counterfeiting could run rampant since there would be no standard currency - currency or money needs one standard

  • @nsdtr01 dam that sucks.. I love ron paul i just wish I agreed with his policy about the fed.. I'm was thinking of actually getting out there and doing some leg work for his campaign before the election.. He seems like a smart dude I just don't get his policy about the fed..

  • @SHIBBYiPANDA if Ron thinks the FRB is overstepping its authority - legislate a correction - do not destroy - the FRB has various functions such as a clearing house for a bank's checks, wire transfers, ACH (direct deposit) etc. - if banks lost the FRB it would be a costly mistake

  • @nsdtr01 hmmm... I'm trying to get a good picture of the issue.. Any good book, paper or video suggestion?

  • @SHIBBYiPANDA "The Creature from Jekyll Island" by G. Edward Griffin

  • @SHIBBYiPANDA Also, mises.org

  • @SHIBBYiPANDA google functions of the federal reserve bank - many textbooks out there on "Money & Banking" go back to Alexander Hamilton - or work back office Operations at a bank which i did for 15 out of 30 years of banking

  • SHIBBYiPANDA look up (in youtube) History of Money: The Money Masters 1/2 and 2/2. Incredible documentary. Please look it up and check it out. Good stuff.

  • @democratsaresmart

    Bro! What's with all the hate? I agree Ron Paul does use big words to get attention and to make a point but once you understand what those words and terms mean like...

    Transparancy in the marketplace

    The global monetary travel of capital

    Then you'll understand that he is trying to make a point with the short time that is given to him...I agree he is old but Ronald Reagan was really old too so please don't use CAPITAL LETTERS TO PERSONALLY ATTACK SOMEONE it shows rabidness lol

  • watch?v=aZws98jw67g

    PETITION YOUR STATE FOR PAPER BALLOTS BEFORE PRIMARIES!!!!!!!

    RON PAUL 2012

  • all the gold and silver in the world can never be more valuable than human life and liberty is priceless...

  • we all played the game monopoly lol wake up people its the same money we the people own land and property...

  • @MrClockwork2007

    Actually the act of printing money is one of the largest expenses for our banking system because of reserves and competitive interest rates. The federal reserve can easily print money, but they don't do so without a cost. Moreover, its government appointed Board of Governors that set the policy based on the goals and budget provided to them by Congress, and the federal reserve banks just execute the policies.

  • who their commits high treason against the king off with there head!!!

  • look here people learn some law our money in this country is not genuine because it has no value like gold or silver which means our money is counterfeit which lead to forgery also leading to high treason against all the kings and queens in America which is the worst crime possible high treason basically means betrayal to the king like a traitor. so when we talk about fraud we are talking about the international bankers committing counterfeiting, forgery, high treason.... knowledge is power!

  • fuck the federal reserve AND the gold standard.

    we need executive order 11110

  • THE FEDERAL RESERVE HAS STOLEN THE "PEOPLE'S MONEY" AND THOMAS JEFFERSON WARNED US NOT TO LET PRIVATE BANKS TO EVER OWN OUR MONEY. JFK TRIED TO TAKE AWAY THE POWERS OF THE FED WITH EO11110, AND HE MIGHT HAVE BEEN KILLED BECAUSE OF IT. THE BOOK" CREATURE FROM JEKYLL ISLAND , EXPLAINS IT WELL. I WOULD LIKE TO SEE THE PRESS-ANY PRESS-DISCLOSE THIS. THOMAS JEFFERSON SAID"The issuing power should be taken from the banks and restored to the people, to whom it properly belongs"

  • @kdills Did you know the Jefferson qoute is completely fabricated? It even uses words that weren't even invented until after he died.

  • @kdills

    The federal reserve never uses tax payers money. It uses its own money and rebates interest payed off by the government for the debt back to the US Treasury.

    JFK was not killed because he was against the private banks. In fact, JFK agreed with a lot of fed policies and was fixing to increase the fed's powers.

    Leaders met at Jekyll Island came up with the Aldrich Plan, which failed in the house twice. The movement towards central banking was also well known at the time.

  • He's also blaming the fed for his own congressional overspending!

    Look in the mirror Jack... Congress spent it, the fed loaned it....

    Congress is the culprit.

  • No fractional lending??? That's how banks make money, isn't it? So, you would support government run banks?

    100% gov run?

    I'm confused on Ron Paul's positions, he doesn't seem to be pro government, yet he's sort of going to a pro gov. policy... he hasn't said if he wants a gov central bank, but I'm guessing he doesn't.... He's not an expert, though he talks a lot...?

  • I CAN'T BELIEVE HOW BAD THAT BACK ROUND TRACK SCREWS UP THE GREAT INFORMATION IN THIS VIDEO. THE MAKER NEEDS TO REMOVE IT. GEEZ- HOW FREGGIN STUPID CAN YOU BE.

  • PROBLEM, REACTION, SOLUTION.....YOU KNOW ME DON'T YOU...MASON.

    WELL PROBLEM, REACTION, RON PAUL......

    THEIR DOING IT TOO YOU AGAIN... HIS NAME IS FAR TOO EASY TO REMEMBER

    WE WILL HALE HIM A HERO WHEN HE GETS IN.....NOT REALIZING THE MONEY MEN HAD PLANNED THIS ALL ALONG....

    WHY DO YOU THINK THIS MAN IS STILL ALIVE???

  • forget paying it back it is an illusion...

    THIS GUY SHOULD KILL THE FED, NO REPEAL, KILL IT

    OR FUCK OFF, I KNEW THIS GUY WAS TOO GOOD TO BE TRUE,

    GO BACK TO GOLD AND YOU HAVE TO BUY IT BACK FROM THOSE WHO STOLE FROM FORT KNOX, THE FED OWNS THAT GOLD NOW......

    1.NO GOLD STANDARD

    2. NO FEDERAL RESERVE(ROTHSCHILD/ROCKEFELLER­) CORPORATION PRINTING MONEY, ONLY GOV PRINTS MONEY...

    3. ELIMINATION OF ALL FRACTIONAL RESERVE LENDING FOR EVERY BANK IN AMERICA... BUT ON A GRADUATED SCALE IN LINE TO INT

  • If anyone is confused about why RP is crusading against the Federal Reserve just read up on what past presidents have said about banking institutions, try searching "banking quotes" and names like Jefferson, Jackson, Garfield, Madison, Lincoln and Wilson. Here's a good example:

    "History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." — James Madison

  • Information is great. The video quality is garbage.

  • Ron Paul for president

  • history repeating ? he will be assassinated and nothing will change ...

  • I don't really follow Rep. Paul's logic on ending the Fed. It seems like replacing the Fed with Congressional oversight would just politicize monetary policy-- hardly a way to limit inflation. Going to the gold standard sounds appealing, but the reason we left the gold standard was that France began hoarding it to manipulate the US currency. The gold standard seems like a bad move from an IR standpoint. It would curtail credit, but so would usury laws.

  • @Alexeiyagdonovich The Fed is the governments credit card. I think we should cut it up. Or we should audit the fed and then change the Federal Reserve Act so that the US government or any other group/agency/organization cant withdraw moneys without congressional approval. Either way there has to be oversight but I would much rather burn the FED down and face the consequences. My kids will NOT be in debt to that private bank that I never voted for.

  • @Jononutoob The government's portion of the national debt is subject to congressional approval, though. All the Fed does is determine monetary policy (which determines what interest rates are and hence how much private debt will be). So I'm not sure 'the government's credit card' is the best way to think of it. Are you suggesting that we get rid of the Fed, and require 100% reserve banking? Again, that would curtail credit, but it would also prevent growth. No better way to make your kids poor.

  • @Alexeiyagdonovich My kids may be poor but they wouldnt be indebted to some bank. And the Fed is the credit card because it is the base of credit. Without the Fed government would be greatly restricted on spending. Infinite growth is an illusion. Even more so when you are "growing" with an increasingly worthless currency. We are paying for our "growth". You pay for growth with depression and recession. A full reserve banking system would be stable and moral. Growth would be slow but steady.

  • @Alexeiyagdonovich The FED has said that if we audit it there would be horrible consequences to our economy. That is blackmail in my opinion. And the debt ceiling is always raised to prevent the effects of our credit rating. You talk about 100% reserve banking... screw that, I dont believe the FED has 1/100th in reserves/money out. Get rid of Fed and IRS. Drop income tax completely and let Americans live like free men. Our materialistic "1st" world nation is all built on oil anyway. Game Over.

  • @Jononutoob Blackmail or not, there would be horrible consequences to our economy if the Fed were audited: 1) Knowing in advance what monetary policy will be prevents its being effective, thereby limiting macroeconomic policy to fiscal policy only, 2) Congress does not make decisions about fiscal policy based on long term economic outlooks so much as on short term political gain. My point about reserve banking might be clearer if you read the wikipedia article about it.

  • @Alexeiyagdonovich There are horrible consequences for our economy to stay how it is. Also please dont attempt to tell me that an audit of the Fed would politicize it. Do you want me to list the names of people who jump from jobs at the FED to Treasury? Or CEO of major corporations? The FED is independent in its profits but not in its policies. Also when Bernanke refuses to tell congress what banks they loan to I see that as criminal. That is OUR money, gone, yet to who? Nobody will tell.

  • @Jononutoob My point isn't that an audit would politicize the Fed, but that it would make monetary policy ineffective because major decisions could be anticipated by Wall Street (and foreign financial markets) before coming into effect. You might see it as criminal for the Fed to withhold the names of banks, I see it as reckless to reveal them. Such revelations would surely bankrupt firms that needed loans because investors would not trust them. Great strategy for a double-dip.

  • @Alexeiyagdonovich Well I believe this game is up. You can talk about double dips or whatever but there is no coming back from what we have gotten to. Honestly I think the faster we collapse the faster we can rebuild.

  • Warning to bankers & their sycophants!

    There is a God in Heaven which u have spurned & ignored. He has allowed u, in His plan, to pull this Fed scam on the stupid & indolent American people. There is coming a day very soon in which all of u will stand before Christ & be cast into eternal hell. Every secret deal u made, every war which killed innocent children & young men & women, u will give account for. U will have no power or excuse. Many of ur colleagues r awaiting judgment now & they will w

  • @VampQueen999 man i wish there actually was a god that could kill these bankers, that would be swell.

  • Ron Paul is so Retarded!!!! He gives an example of a south American Country going back to the gold standard and says, "Once they did this inflation went down to 2 - 3 percent per year." News flash Ron!!! That is our inflation rate!!!! Ron Paul! Ron Paul! I'm Retarded! Ron Paul!!!!

  • @johnhale50 I guess you weren't around while Jimmy Carter was our Presdent. Higher prices are due mostly to increases in paper money in circulation (M3) due to deficit spending and unbalanced budgets and fractional reserve processes. These rising prices are really a tax increase on everybody. But I suppose you know more than me since you have made such highly pursuasive exclamations. Name calling raises your IQ, did you know that?

  • @nalejbank There is no way to get rid of inflation and 2-3 percent per year is not run away inflation. I understand inflation well because I minored in econ it in college and teach it. I'm sure I have a more sound economic knowledge than 99 percent of america. Seeing how you think rising prices are a tax on everyone then it is obvious I know more than you. You can call it name calling: I'll call it pointing out the obvious.

  • @johnhale50 So are you denying that an increase in the M3 monetary supply does not preceed an increase in the CPI? Or that prices increase in the months after monetary expansion? There are basically two reasons why prices increase over time: 1) fewer products relative to the money supply, or vis a versa, more "money" chasing the same or lesser supply of goods or both; 2) raw materials becoming more scarce so prices rise to conserve known sources. Other explainations revolve around these basics.

  • @nalejbank No, I simpley stated that 2-3 percent inflation per year is acceptable. If you are crying over the fact that the FED stopped publishing the amount of M3 than you should be looking for REFORM in the FED not scrapping it all together...

  • @nalejbank There are a lot of things that I like about Ron Paul. I see why he is complaining about the FED but I don't think getting rid of it is an accepable solution. I agree with getting rid of the IRS in theory only, but it could never happen. Thats like saying we should never die. I agree with him completely with the US not being the world Police, however im not sure I like how well he would haddle the mess Bush got us into. His ideas on drugs enforcement are too robust to catch on.

  • The Ponzi scheme Federal Reserve is mathematically destined for national bankruptcy. They received $8.4 trillion from the auctions of Treasury securities and never reported the income to Congress. This looks like embezzlement. It was clear profit. Ref. 3w scribd dot com, message 49040689

  • So, I just did a ton of research on the Federal Reserve ... I am absolutely appalled. I can't believe I've been this ignorant.

    Ron Paul ABSOLUTELY has my vote if he runs in 2012. I was impartial to him before, until I found out what was REALLY going on in America. But here's the scary thing ... the last president that went against the Federal Reserve was JFK ... and everyone knows what happened to him. O_O Bless Ron Paul (and if he ever wins) may the divine keep him safe.

  • @kittykatt1311 Can't use JFK being assasinated to say what happens to those who go against the Reserve. The printing money and floating the dollar were both Republican acts as well.

  • Buy Silver - Earn Silver

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    htt p(colon)//silversnowball(dot)c­om/3897

  • Ron Paul knows the truth...unfortunately the American people are too stupid and will not vote him in ...lol

  • Quantitative Easing ends 6/30/11 Starting July 2011 the U.S. Treasury is being taken off Federal Reserve life support and has to sell a record 180 billion a month in new issues on the open market and not to the Fed. What do you think is going to happen when no one steps up to the plate to buy the record amounts of new issues that need to be sold at these ridiculously low rates? (0.02% to 0.53%) I’m trading rates for all durations higher! Peter Catranis US+949-376-8020

  • I'm still amused at those who ridicule the idea of a currency based on precious metals. I always want to say, "Yeah, we want to keep paper because it's done such a great job holding it's value, keeping our currency strong and preventing deficit spending!" I swear, there are folks (unfortunately several politicians) who truly think we can borrow forever without consequences.