"What is Constitutional Money?" with Edwin Vieira -- Ron Paul Money Lecture Series, Pt 2/3

[fistfullproduction]

talk, talk, talk! shoot. constitutional money belongs to the people not to the gold-mining tycoons, tycoons who own the Fed anyway (and the so-called marketplace); take back control of the Fed and kick these gentlemen out.

[tjtomkins]

@fistfullproduction

When gold is money, EVERYONE who produces goods/services will have it, NOT just "gold-mining tycoons", mining has REAL COSTS, they've to pay workers in gold, to those who make machinary & same EVERYWHERE in the economy BUT one thing is IT CAN'T BE CREATED OUT OF THIN AIR

There are only two options, let the market do it with supply & demand like it works shoes, TV & whatever OR let the govt do it - govt which are bought & corrupt

No one but Ron Paul 2012

[ChristopherZelIer]

How this video only has 16,000 views baffles me entirely.

[2leet2cheet]

@ChristopherZelIer Everyone is busy watching TV.

[bizwiz21]

Hey all you Austrian nerds, this guy just did a brilliant off the cuff speech on monetary history of the U.S. and all you can talk about is the chick?

She is kind of hot though...and the fact she is affiliated with Ron Paul, indicating she has a brain is even hotter. OK, you guys win.

[bizwiz21]

Truly amazing job, very interesting.

[adamsdarrellj]

This is amazing. This man speaks with the passion and conviction of a baptist preacher, on something as scientific as economics. :)

[DeadHappyFilm]

Even if Ron Paul does not win, people will be more awake. I bet that's what he's looking more into, not being elected.

[88888888llllllll]

Ron Paul save the USA. Thank you Prof. Vieira for this knowledge.

[gdmellott]

Taxation is always redistributing wealth over some 'benefit' generated; which inherently can be an arbitrary determination by someone or (governing) 'entity'.

[gdmellott]

With land being more readily available the resource per person analysis was in favor of people establishing more legal ownership that enabled them some viable potential of survival (admittedly at a cost to the natives). We all should even NOW have more information about what the resources per person is, and similarly what is the skills needed are, as it relates to desired standards of living.

[q34q34q34]

Great lecture and a HOT girl in the beginning!!!))

[MrGiggity890]

i love youtube...you can watch all these great videos for free...fuckin awesome

[SOUPSOUPification]

she is nice and speaks well, BUT, too many "hummms"

[rudemood2011]

I find that lady very easy on the eyes

[tothemax01]

Can't find a reference which has the usage of the word 'tale' in the manner described in 19:48. Anyone?

[redmatrix]

1:01:24 for more of the hot chick.

[aMqrius]

The solution that's even better than his "Virginia money" is Bitcoin. It already exists, and indeed is used worldwide, and gaining attention. Check out the weusecoins site, it's pretty good.

[vinmorin]

@aMqrius Yep, I guess he hasn't heard about it yet because it's not something mainstream is talking about and if they do, they try and claim it's illegal.

[TroySmithforD]

I LOVE HIM!!!

"DONT BLAME ME!!"

[CODScumBags]

wow, she is the worst speaker ever. Why would Ron Paul let her speak? Cut to Edwin Vieira, Jr., J.D., Ph.D at 2:58

[pacificcoast]

I really wish he would have expanded on why he predicts that it will be a hyper-inflationary event instead of a deflationary one.

[todnyc]

@pacificcoast Well, to be precise, he said "depressionary," not "deflationary." To get an idea of what could happen--and he does talk about Europe's problems expanding and reaching the US--check out the Dec. 6, 2011 Bloomberg article "The Long Shadow of German Hyperinflation."

[TheBullionBull]

This is one of the best Edwin Vieira lectures I've seen, not because I didn't already know everything he is saying (I own Pieces of Eight), but because its presented so well and I can pass this on to people who have some idea of whats going on but don't know all the history yet. Thank You Ron Paul!

[TulaiMr]

I love Ron Paul. He's the only truth teller and Constitutionalist in the entire field that are running for President. He's only one working to restore the limited Constitutional Republic.

[leafwatch]

His solutions at the end give me hope.

[SuperSneakySteve]

Thumbs up if you think that chick is hot.

[nicazzo]

@SuperSneakySteve dude she is so hot!

[Cubangansta01]

@SuperSneakySteve and then the fact that she knows monetary economics make her a 15 out of 10 in my book!!This is the girl for me!!!

[onenickelmiracle]

On a comical note, he is so Cliff from Cheers.

[onenickelmiracle]

Good thing Im shit ass poor. Nothing to lose. I'll just grow tomatoes.

[wvumarj]

She has no ring on her finger....good news for me! So attractive and a legit conservative who likes sound money?!?...she's my youtube crush...

[StratusBlue]

Brutally depressing explanation of how our banking system was corrupted farther and farther and farther and farther every decade.

[StratusBlue]

Hamilton's Bank was not a private entity. It was temporary as 20% Federal to become 100% Federal in 1811.

[StratusBlue]

Long story short, Constitutional money is a MONOPOLIZED by Congress anything Congress designates the value of and asserts is designated as Constitutional money.

[StratusBlue]

This established our permanent national bank monopoly under Congress

&

forbid any state from designating ANY THING other than our national money, or gold or silver whose value is set by Congress, for debt payment.

Private Banks, being inferior to states, were thereby also forbidden creating AND/OR designating ANY THING, other than our national money, or gold or silver whose value is set by Congress, for payment of debt.

Speculators are inferior still. They may not exchange ANY THING for debt

[StratusBlue]

a 1 Sec 8 Congress MUST

coin money is to originate it and establish its relative value.

coin is NOT to make metal THINGS

define : coin

coin a phrase is to originate it and establish its relative meaning.

a1 Sec 10 STATES MAY NOT

make any Thing but gold and silver coin a Tender in payment of debts

define Make: Designate or define its use.

designate any Thing but gold and silver coin a Tender in payment of debts

[atlasdaddy]

I wonder how many "Educated young American OWS protesters" have seen or heard any of this? Do they have any clue as to what and why they are protesting?

[todnyc]

@atlasdaddy Speaking as one of the protestors, YEAH! There were a LOT of Ron Paul supporters there! Ron Paul is extremely different from all the establishment Democrats AND Republicans. He really is the only candidate who is actually different from them, and he has said that both side are the same to him - they both represent the inefficient, hypocritical status quo. See from 6:30 - 7:40 in this interview from the other day: watch?v=jq5cELAntE0

[robodril1]

bluerepublican dt org has all the answers and links for every state you need to make sure you are registered, and registered as republican if needed (they tell you that too) and the dates for each states caucuses. Links take right to registration.

Then all you have to do is show up at the caucus. Ten or twenty additional Paul votes at a caucus site means a Ron Paul delegate. It is that simple.

[StratusBlue]

She left out women as money.

[robodril1]

@StratusBlue In the first of the series, the professor did mention that.

[Eye2EyeIIIV]

Glad the word is getting out!

Ron Paul is the only legitimate candidate for the presidency, who DESERVES after being consistent for over 30 years and predicting many problems that we face today!

And beware lest the media try to make him look "unelectable" or "someone else as the front runner"

Ron IS the winner... every time!

[myfairvanity]

@Eye2EyeIIIV I don't buy that he lost the New Hampshire primary for a second, that is, if the voters of New Hampshire have any intelligence whatsoever. Ron Paul voters should register on a website to check the legitimacy of our electoral system.

[Eye2EyeIIIV]

@myfairvanity

amen! I don't buy that hogwash either!!! time the LAMEstream media starts pulling their fingers out. btw if romney is so "popular", why does everyone on the Internet dislike him??? hmm?? because the Internet has got the truth!

how would romney do in a debate with obama??? he would suffer humiliation with obama thanking him for blueprinting ObamaCare, and pointing out his flip-flops!

RON PAUL vs Obama 2012, baby!

[mmaaaxxo]

Wow, this guys is great. Maybe he can be RP's economic adviser or something ;)

[cowboy1165]

@mmaaaxxo That would be the next guy in the 3 part series.

[TheGetor]

Crystal clear. A must to listen to.

[FairEnterprise]

with all due respect, it is fascinating but less so as a non tenured common law civilian being extorted by an entity called government and not knowing who to trust or how to generate real revenue without these fraudulent systems

[lbatchelder]

@FairEnterprise in gold and silver of course!

[FairEnterprise]

@lbatchelder well yes. Socratian logic guides one to conclude that if a system previously existed and worked why not re-employ that system. I am familiar with the Dartmouth experiment of re-introducing silver/gold. However I believe Qadaffi was murdered so his nations gold could be redistributed in part to Chavez, now Americans are having their futures contracts stolen because there is not enough supply to back any currency properly. I do not favor War for others stuff......

Big problem

pax

[atrickpay11]

good job with low amount of ums and ahs

[SaroDarksbane]

"Blood, whips and guns--or dollars. Take your choice--there is no other." - Ayn Rand

[derek2010x]

@SaroDarksbane Yeah! An Ayn Rand fan!! That's a favorite quote of mine too. And very apropos.

[savedfaves]

Olivia Ashbourne is very beautiful. I think that's her name?

[yokna7]

@savedfaves Lydia Mashburn

[savedfaves]

@yokna7 Is that a joke, or is that actually her name?

[yokna7]

@savedfaves It's really her name. Google it. :)

[savedfaves]

@yokna7 Yeah I found out, thanks.

[FairEnterprise]

@savedfaves is that your conclusion of this lengthy video? are you a virtual stalker? or were you simply referring to her beautiful mind?

this kind of over simplistic sophomoric remark is exactly why so many demand governments protect them at great expense to We the People.

Go get a job with TSA they need more drooling employees to run the naked body scanners

[savedfaves]

@FairEnterprise Look, I think she's beautiful OK. You can't tell me what I can't and cannot say. How very anti-liberty go you.

[FairEnterprise]

@savedfaves I dont profess to tell you anything except that this kind of comment gives libertarians a bad reputation when liberty is under such assault by the defacto corporation. the concepts in this video are very deep and severe and that remark so superficial. typical liberal attack point.....

pay attention there's gonna be a test,... and a boxcar awaits the wrong answer under a fascist regime