The Federal Reserve is a foreign owned private corporation and needs to be thrown out of the USA along with NATO, the UN, the Bilderbergs, the foreign owned Trilateral Commission, the foreign owned Council on Foreign Relations, the foreign spy agency called the Israeli Embassy, along with the foreign president....Obama.
The simple fact that congress isn't up in arms over this, tells you where the criminal activity lies. If our president elects these scabs into power, then allows us the taxpayer to bail out wall street, then he simply needs to stand trial and jailed for this. If congress has the sole power to create our currency alone and doesn't, then we are going to need a prison big enough for them as well.
Our whole system needs to be gutted, and built again from the ground up.
@nickgage1162 When the Fed "prints money" it is literally typing in money into a bank's account so no printing is actually happening. This causes inflation since there is more money available. The bank then owes the money to the Fed so it will have to pay it back with interest. So for every dollar that is printed that the Fed loans to our banks we owe more than it is worth: dollar that was loaned + interest = our debt.
@nickgage1162 More money in the market, less it's worth total. When money doesn't have a backing, it's harder to tell what it's worth, because you can just keep printing how ever much you want. Printing such large amounts causes inflation. Timmy is correct. The "fake" money loaned to banks has to be paid back, with interest, so they owe more money than they got. So this magic money that bailed out big companies, raises inflation, which we, as citizens, have to pay with increased prices of goods.
if nothing backs the bills/ dollars/ paper money...then all that remains to make it valuable is an idea. However, if someone else does not share that idea or faith in it...it is worthless. Meaning the idea of idea or just faith in a dollar doesn't make it valuable, it is what the dollar represents...what backs it up...that makes it valuable.
Common sense and a person actually there for the people. Be nice. Only problem I see. Is... If we elect a president that has good intentions. We have the fucking house and senate that don't have to agree with what he says.
The WORLD, not just AMERICA, needs to "Wake-Up!" and understand that we need to look at the Zionist/Jewish "PUPPET-MASTERS" who Lie, deceive, and stealthily hide behind every single catastrophe around the Globe today! (FACT!) They Control not only OUR Governments; Media; Banking, but virtually every single major corporation and industry in the WORLD today... another "FACT!" Either research for yourself, or go to: wake-upbeforeitstoolate(dot)com and be prepared to be absolutely shocked!!
this man has common sense, and enough humanity to actually care about american people...this is him on capitol hill..not a campaign speech...his honesty will keep him off our ga. state ballot,, by the rnc.. my lack of choice disgusts me as a citizen
Look, we have to prolong oil supplies. That's why we don't have our currency backed by gold Mr Paul. We can't have no $30 oil, in which everybody buys up.
@Seedofwinter , correction...not having gold backing is nothing new.I could be mistaken but I believe in late 1700's and early 1800's and when trade was growing (& products like molasses and sugar were highly valuable), bills were being considered to replace money when banks began to consider tangible money (gold and silver) inconvenient...& tried pumping $ w/o backing... just saying. At least bills/federal notes were backed by something in the past, unlike all the cash being produced today.
Ron, here's a clue, the Fed's policy is NOT a failure. They don't want to incentive saving or have a stable economy. Boom/Bust is created by the Fed on purpose to indebt us, put us in emergency so we must sell our assets. The Fed does care about the middle class. They care about bilking them. They are the ultimate predatory lender, along with their shadow-partner Bank of England and other central banks. A gold standard is BAD Ron. Treasury = make all money = solution
@Foreshadow44 Ron Paul isnt talking to Bernanke. He's actually talking to the Americans who are watching the broadcast. Most people have no idea how money is created in our economy nor do they understand the monetary policies that govern their lives. I agree however that the a Gold Standard is dangerous (mostly because every other currency on the planet is FIAT).
Inflation is you dumbasses recklessly raising your debt ceiling and constantly creating new services for expanding your military empire, or more bureaucratic policies or government jobs.
Creating jobs in government means nothing because they are paid by the taxpayer, which comes directly from the Fed, inflating your dollar that much more and therefore decreasing your savings.
Making more money, makes your money worth less. CUT SERVICES.
@SergeantPepper99 exactly,,,inflation...lets examine it....what is our currency worth..with no gold standard to measure it by? what backs the value of the paper we print?///look up ft. knox..and how they wont even tell america, if any gold is even still there..so what are our dollars worth? chinese debt
Jesus could it be any more obvious the way bernanke answers ron paul's "to the heart of the matter" questions??? He couldn't make it any more obvious that he beats around the bush and can't even give anything that faintly resembles a straight answer... and it makes it hard for me to believe that he is not a sophisticated thief and crook just like the big boys at enron...
Ron Paul is correct to suggest that inflation is largely caused monetary policy. Even Bernanke in his response acknowledges that increasing money supply is a major factor. But I am not sold on the return to the gold standard. Germany did not adhere to a gold standard, yet did not have a problem preserving the value of the DM. Now Germany is keeping the value of the Euro up. Safe bet: the dollar would have devalued more relative to the DM than relative to the Euro. It's about discipline not gold.
don't believe in inflation? in 1999, a jar of mayonaise was $2. now it's $7. a box of macaroni and cheese was 40 cents. now it's $2. do you really think the american people are so stupid that they won't notice the deliberate devaluation of the currency? eggs are now $2 a carton, at one point they were 33 cents. this is utterly rediculous. our currency is becoming more inflated and devalued every day.
@shitthrowingmonkey1 This sham has been going on since the "Federal Reserve Act" came into being in 1913. Yes the American sheeple are very stupid. They have allowed this outrage for nearly 100 years. The current dollar is worth 1/3 of ONE CENT of the dollar of 1913. Yeah they are stupid to have allowed these gangsters conrol. And why does Congress even go through the sham of having this criminal appear before them as if he or the "Fed" owners gave a big rip what Congress or we the people think
Ron Paul slaps down these CFR,IMF puppets .Money, controls these GOP puppets .He's the only man up there that is not afraid of the Washington machine.Same groups that was wrong about Iraq, killed close to a million people, most innocent people .The money machine just needs to keep the lies going, and fool the world .They create conflicts to profit,and enslave the people thru debt and taxes.Its simply world traders, investors, and banks,even the Fed Reserve, READ HISTORY
@sirglickness If Ron Paul could predict the housing bubble years before it happened, while greenspan and bernanke could not, how much are their Ph.D's worth?
The point is not Ph.D's but their economic philosphies, and the austrian viewpoint has a record of showing when things go wrong, while keynsians could not.
@Ayelyah Check out our video Challenge for ALL Ron Paul supporters and participate in it and get all your friends and family involved...Our Republic Needs you...type in- Ron Paul Supporters: Challenge .........in youtube ( its by our channel JASONANDTRACI ) ....Help make the video VIRAL!!!!
try to encourage people to spread his best video's from You Tube around online especially social networks
One can also join Ron Paul meet up groups that will be on the streets educating the people that live and vote by the failing status quo.Google his meet up group in your area . Ron Paul will need a landslide to win with today's voting process and main news media selling these GOP puppets
All politicians do nothing for the people. they are ALL greedy and corrupt sons of bitches. Ron Paul sounds good, but it's all a fallacy, he is a politician...when he's not kissing babies....he's stealing their lollipops. And as for Big Ben.....he is just a hired cocksucker. I'm surprised he is able to speak into the microphone due to so much cocksucking.
The banner under the video at 0:39 quotes Bernanke: "Subprime mortgage lending is positive force if done properly." Was forcing banks to write these loans and taxpayers through the offices of Fannie and Freddie, his definition of "done properly"???
Bernanke had to pretend that Ron Paul was calling necessarily for a return to the gold standard, which shows he couldn't argue the issue that was on the table, the value of the dollar and monetary policy.
I love how Ron free styles everything. No note cards, prompters, etc. Just the honest truth. And honestly, I don't think congress can handle the truth.
@Stephie49601 Check out our video Challenge for ALL Ron Paul supporters and participate in it and get all your friends and family involved...Our Republic Needs you...type in- Ron Paul Supporters: Challenge .........in youtube ( its by our channel JASONANDTRACI ) ....Help make the video VIRAL!!!!
Congress can handle the truth, but the Congressmen know that the majority of people can't handle the truth.
The Congressmen then pretend like they too have no idea of the inner troubled workings of government and the ignorance is continued. They then bash anyone who even remotely sticks their head out to stand up for what's going on, vis a vis Ron Paul.
This creates our current situation, where Media Moguls are trying to shut him up for wanting to cut luxury service bullshit.
I always imagine like five fat bankers in suits talking to Ben Bernanke before he goes out to do this. Like "if he says this, say that, and if he does this do that." He's answers are always pre packaged nonsense. I think Ron Paul knows that's all he'll ever get so he just uses that time to rant a little and get the message out to the public, because nothing is working. How many videos are there where Ben Bernanke is being interviewed just here on youtube? There is seriously like 50 I have seen.
@sfranco86 If you believe that Ben Bernanke is doing the correct thing, you are crazy. Ron Paul is absolutely right when he says to look to history, Ben Bernanke is just a puppet. Corporations have destroyed our country, especially the banksters.
RUSSIA SELLS OPIUM FROM AFGHANISTAN,( THEY BUILT A TUNNEL TO FORMER SOVIET UNION REPUBLIC) TO WESTERN EUROPE. RUSSIA SELLS PROSTITUTES TO WESTERN EUROPE. BITCH HOW DO U THINK RUSSIANS BUY THOSE YACHTS? U PUSSY DRINK 10 CUPS OF COFFEE A DAY WHILE CHINESE OPEN FACTORIES AND RUSSIANS SELL DRUGS FROM AFGHANISTAN. U KNOW UR PROBLEM ? UR LAZY AND U HAVE TOO MUCH FREEDOM OF SPEECH! RON PAUL NEEDS TO GET FUCKED UP THE ASS BY REAL MEN THEN HE'LL SHUT UP! RON PAUL HAS NO BALLS!
@xXLayneStaleyXx Ron Paul should be tossed in GITMO and tortured until he confesses and get tried for treason and then be crucified to set an example for other domesticated terrorists who side with the terrorist.
@TerrorWarrior5000 you are so blind and ignorant that you have no idea what is going on and you keep listening to the lies of the current and past several administrations, you sick fuck. GTFO of America
Respond to this video... And btw, I've read some of your other comments. The UN and NATO in fact DO NOT decide whether we go to war or not. The CONSTITUTION of our nation does. Get your facts straight. You claim you're a patriot, but you're nothing but a war monger, and your ideas are the ones that will cripple our country. RON PAUL 2012!!
Ron Paul is the voice for the hard working American, and a true patriot. I know he would never get elected into the position of president... but he should. There are real good people in Congress that can make a difference, and I think it's a matter of time before they take down the Federal Reserve...Ron Paul truly Rocks!!!
WHICH OF THE FOLLOWING IS THE WORST REPUBLICANS DID TO USA;
1) REAGAN MADE SOVIET UNION DISSAPEARED AND OPEN EYES TO RUSSIA NOW THEY ARE BECOMING CAPITALISTIC COUNTRY?
2) BUSH WAS DRUNK MADE TWIN TOWERS COLAPSED, KILLED 3000 AMERICAN PEOPLE AND MADE THE WHOLE COUNTRY TO HAVE POST TRAUMATIC STRESS DISORDER, NOW EVERYBODY IS
PARANOID THANKS TO REPUBLICANS?
3) SPEND TOO MUCH TIME ON FUCKING LEWINSKY DRESS , INSTEAD OF FOCUSING ON EUROPENIAN UNION CREATED EUROS?
@MrTAFSIYNOT Reminder : Many former Obama supporters are now crossing party lines to go with Ron Paul. In about 20 closed/semi closed primary states, U wont be able to vote for Ron Paul if U R a registered Dem.So change that affiliation to REPUB today ! Don;t let them cheat U out of a vote and dont let them cheat Ron Paul out of the nomination ! That will be the ONLY way he wont win - if people don't realize they have to reg. REPUB in many states to make their vote count
CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
All non-republican supporters of Ron Paul need to temporarily register republican to vote for him in the primaries. If he doesn't win the nomination it will be Mitt Rino & in a choice between obama & obama lite I'm writing in Ron Paul.
In all this game, the devil is the victim, is the scapegoat, will be acused of everything cause the GOD don’t want any rivals*. Conclusion: live at the full in the freedom of GOD (praying in a right form,following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and limited power of devil cause he is just a temporary puppet.
This may be the last opportunity for America to reverse this track of destruction we are on – and a chance to rebuild a system of governance that understands its true role, to protect our freedoms and support the right to private property and the accumulation of wealth. Liberties well understood by those who architected American's Constitution and the Bill of Rights. RON PAUL 2012 <3333
TheBIG question that has tobe asked is"WHAT IS MONEY'and the Majority of people really don’t know!One of the easiest,and best videos ever made about“WHAT IS MONEY”can be found,
America; the biggest fraud, ponzi scam, swindle, in the history of mankind,is being perpetrated against an intelligent people.Either our politicians are ignorant of this fraud, or they are a part of this fraud?This is a Major down fall of America
Previously on Hedgeformers, the Autostocks leader, SubPrime, found himself in a clutches of Morgatron and his evil Derivicons.
-"Give me the (ARM)-cubs, SubPrime, so that I may use such new investments to spike myself back to Cybertronion Markets."
-"Never Morgatron. You and your Derivicons have created enough falsified statistical growth charts. These (ARM)-cubs will be use to put hardworking Earthlings into good homes."
Previously on Hedgeformers, the Autostocks leader, SubPrime, found himself in a clutches of Morgatron and his evil Derivicons.
-"Give me the (ARM)-cubs, SubPrime, so that I may use such new investments to spike myself back to Cybertronion Markets."
-"Never Morgatron. You and your Derivicons have created enough falsified statistical growth charts. These (ARM)-cubs will be use to put hardworking Earthlings into good homes."
Yeah, you'll almost always see 3-4% inflation in a growing economy (if phony balony oil prices don't sink us first) but if the dollar didn't tank in late 2008 when the panic hit then the old US buck's still the world's default 'safe harbor' currency..
@ShitWrangler A guy I worked with back in 1986 was always goin' on about 'The New World Order' ...heard about it at his church.... so it ain't too 'new'...and with the Panic in 2008 there ain't much 'order' involved eiether I'd suspect....
This was in 2008 and in 2011 the currency isn't debased, the dollar's still the world's choice of safe harbor money and lovable old Doc Paul still doesn't know his ass from a hot rock..this old shithook is straight out of 1932 still fighting FDR's new deal reforms and no one knows enough history to call him on it...we tryed the Gold Standard, we've had hands off Wall Street and we've let a wounded economy bleed to death..we didn't like it Doc..
@bellcord Not yet at least. I'll tell you what though, I'll take 5oz of silver and put them up to $200 of your "safe harbor" dollars, and well see which one would buy more groceries in the next few months.
@bellcord Lol, nothing a quick trip to local coin shop won't remedy. I'm just saying, watch what I tell you... I've been listening to RP for the last few years, and I can't see where he's been wrong. Just because it hasn't happened yet does not mean that it won't. Our money is going down as we speak, it just hasn't hit the fam yet. Our dollar is losing purchasing power.
I'm horrified! Who are these goons? I don't mean Ron Paul. He asks valid questions and is clearly mentally alert. Who is the gum chewing moron sitting behind him, and the mentally deficient looking, calorie saturated man in front? Who are these people behind Bernanke? Their eyes are totally glazed over. I'm in the UK and just curious. What does it take to make these people at least pretend to look interested? I'm worried about America
@deficithawker haha keep printing that money buddy! Keep believing that inflation does not exist, and that a global rejection of the dollar will not occur if we keep printing FICA money. Believing anything the Fed tells you leads me to believe your the clueless one. This is one of the most secret organizations in our country, that fights any attempt at an audit, yet you believe what they say? Your the perfect sheep my friend.
@LCFlowercandy Actually, its the rich that are opening these stores, because of the neverending slide of the US dollar. They are investing their US currency while it still has some value. Also, i have seen unproven accounts that the chinese are also opening these stores, and bulk selling the gold back to china.
@LCFlowercandy Actually, its the rich that are opening these stores, because of the neverending slide of the US dollar. They are investing their US currency while it still has some value. Also, i have seen unproven accounts that the chinese are also opening these stores, and bulk selling the gold back to china.
I fucking LOVE when uneducated people dislike videos where Ron Paul simply gives a correct lesson in economics to the man who is responsible for everything wrong economically in this country today.
Nice try, morons. Go read something, pleaseeeeee, for the life of this country. Stop being inbred morons. I know it's hard for you - but PLEASE go read! Start with Economics 101.
@B0bL0bl4w If Ben Bernenke is stupid, then why don't you take his position at being the Chairman of the Federal Reserve. I'm sure you will do a better job lol
@TheJtown99 God another 10 year old trying to make a point. Heres Paul's point for uneducated ignorant people like you. 100% Money stability (gold and silver standard) makes prices go down and the value of our money go up. Grow up and learn some economics.
@THEKINGOFMETROPOLIS Imagine this, Ron Paul gets elected and the gold standard is put into motion (talking around 2007 when our economy shit tanked). The NAV in the money market almost breaks the buck (thank you Lehman Brothers, it's a good thing the Fed let them fail) and private lending is slowing because of this over leveraged environment. So lets just sit back and let more banks fail and do nothing about it. Why do nothing about it? Oh...I forgot printing money to save the economy is bad.
@TheJtown99 If you think bailing out the bankers and wallstreet, the ones who stole American money, was a good idea your a fucking tool. Yeah the CEOS got rich while everyone else had to pay for it. Your damn right printing money to save the economy is bad when there is nothing to back it up. When inflation happens who gets fucked? The rich or middle class? Grow up and study some economics.
@THEKINGOFMETROPOLIS totally agree.. tho both rich and poor will be "fucked" when the dollar loses all of its worth. Austrian economics teaches us that during these times, the rich will contract the wealth of society amongst themselves, so their suffering will be lessened. But, if we see a worldwide rejection of the dollar, those rich people are just as screwed if they hold their wealth in federal reserve notes. Maybe thats why the rich are opening "we buy gold" stores everywhere.
@anonimo198931 Are you some kind of mindless puppet for this monstrosity we call our American Government? Ron Paul is 100% correct in everything he says! The Federal Reserve must be abolished and we must adopt a monetary system in which is backed by silver and gold or our money will soon be worth no more than the dirt you walk on!
I am already starting, Go to ronpaul dot com and take the pledge. Then post that site on your face book. Get your friends involved with RP 2012. Get your families involved with RP 2012. Show Ron he has the support. Get your Tea Party to understand he is the only true Tea Party candidate, he sets the bar for the Tea Party. Give him a solid base. The man is what America needs now more than ever. Educate the few so they can educate the many!! Pass it on RP 2012!!
@B0bL0bl4w You're absolutely right. A marginal understanding of economics tells you that QE will devalue the dollar and you don't get to be Chairman of the Fed with just a marginal understanding of economics. He wants to destroy the dollar just like Greenspan and Geithner wanted a housing bubble. Thanks guys I was so happy when my family lost their home and I know I have you to thank, but just a friendly tip: give your bodyguards a raise, you'll need them.
The most honest man who has ever existed in American politics. He will never hurt you. He loves the Conservative fiscal and is a liberal of personal liberties. What more proof of him being the middle is needed.
@funk7000 Not much of a difference - we as Libertarians just do not endorse government force, through the barrel of a gun or in any form, and liberals do when it comes to stealing from some to give to others. In a free society voluntary action and associations must be absolute throughout. If people want to give money from their paychecks to pool into a fund for poor people to buy health care, and many would, than that is fantastic and should be commended ;)
Have you done you ANY research on Paul's credentials ? Maybe you should, I think you would agree that Paul has much more credibility than Bernenke, who has with the help of DC, managed to ruin the USA economy.
A PHD is great, but it doesn't make you smart. A smart person makes smart decisions, Bernenke may be brilliant but he's complicit in stupidity. That makes him stupid, PHD or no PHD.
3:06 you can tell Bernanke is smiling because he knows what Ron Paul is saying is correct. But Ron is very theoretical. Just like school vs real world - theory doesn't necessarily pan out in the real world.
@briansle Who ever said that way didn't work? The history that we are taught is fictional.. Wouldn't the banks want you to think that you can't no have debt? Paul's theory would work.
The surest way to get Ron Paul or similar elected is through an educational campaign rather than a political campaign. By far, the simplest and clearest explanation yet of our monetary system is the YouTube video WHY WE ARE IN SO MUCH DEBT. It is a must watch. The presentation style is perhaps too laid back, but the information and insights hit with force.
@sirglickness ron paul is better economist, but the fact is not the knowledge, is the intention, bernanke (he is a puppet anyway) dont wants stability, he follows orders to destroy us economy to create chaos, remove peoples liberties, maybe martial law, and surely a fascist government.
Ron Paul has been right about every prediction about the housing collapse and everything else. Bernanke has been wrong about everything. See the videos here on youtube. Bernanke has been wrong about everything.
Gold standard is bad since we don't have much gold. GOVERNMENT RAN FIOT CURRENCY is the best. look at green backs and Post-American Revolution currencies were the only two true currencies that have ever worked ( with the exception of the tally stick. The best thing for us to do is to give the power to print money back to our government and not these private bankers.
@xMaXiMuSx Disagree absolutely, Fiot Currency under the public supervision of the people and government is the absolute best system.... Unless you would rather go back to the tally stick system. I do apologize for a typo I had posted in the previous statement. You are correct that the POST-American Revolution Fiot system did not last, but I meant the PRE-American Revolution Fiot currency system used worked perfectly. Looking to history can help us.
@xMaXiMuSx As to believing in backing our money in gold AND silver (not just one) I would say, back after World War I this would have been the best thing to do considering there was so much gold in America, but because all the gold was taken from the people and stored at Fort Knox (then magically disappeared) I'd say going to a gold standard will make this economy crumble. Our only true chance at having a stable economy is to give the right of printing money to the PEOPLE!
@Str8upWizardCJ No. If you continue to keep printing money then it loses it value. It's like a baseball card or any trading card. If there's more copies of that certain card then its not worth much, but if there isn't that much then its worth more. That's a guaranteed way of making our economy unstable and making the dollar collapse. History has shown that all fiat currencies have failed. Only Silver and Gold is a true currency. Read Ron Paul's book "The Case for Gold" that explains everything
@xMaXiMuSx It's called printing money... then not printing money again. WOW who the fuck would have thought of that no brainer... Its called use Fiot money made by the government whilst raising fractional reserve lending percents, until we have banks that are full with real money. take away power from the Federal Reseve and give it to the treasury, and place a bill saying that 96% of all votes must agree to increase/decrease the money supply by a maximum of 5%. FIXED THE PROBLEM!
@xMaXiMuSx If we went back to the gold standard it would around 2 million dollars for one oz of gold. THUS HYPERINFLATION.! our gold supply is too low and our money supply is too HIGH. Even if we backed our currency with every precious metal we had we still couldn't equalize the two at thier current states with out having the most massive constriction ever, which is exactly what cause The Roman Empire to fall into the Dark Ages. So obviously that is a bad idea.
Well I'll say this, if all that I've seen of this Ron Paul on youtube is real, and it sure seems to be, he's got my vote and the rest of my family too, even tho ( and i'll say it ) I voted for Obama, and I'll say this too I voted for GW his second term, and what a BOOB he was, anyhow, I try and vote for whom I think will do the will of the ppl, and the best for the ppl, in the case of GW I was really wrong, and Obama, well it yet to be seen, but Ron Paul has my next block of votes, I SWEAR
You are wrong. The fed is a cartel. A series of competeing banks working together in a monopolistic fashion. the people who ran those monopoly banks were the same people who wrote the legislation for creating the Federal Reserve! Dont you see the obvious? We have the Memiors, we have the journals, and editorials! We have the evidence, dont you see?
Whenever I have herd Ron Paul speak, he always seems to have nothing but the best interests of the American people in mind and I cant understand why you would rather have War mongers like Bush and Obama, I’m pretty confident you would be in a much better place if Paul in charge. I’m sorry, but if he is not your President in 2012… you are all fucked in the head!
@utesonline Agreed. Ron Paul is a good man, but people are not into the truth for some reason... The Fed Reserve is a crime syndicate. A syndicate that runs the country and the presidents are puppets for them.
@bdl108 Here is what you dont know/ understand. The Federal Reserve was created to bust up the Money Trust. *google it* However, the Money Trust is exactly what created the Federal Reserve! Its a Private bank that cant be audited. It is independent from the Gov. Its as Federal as Federal Express! Its a bunch of banks controlling the monetary supply. Boom. There goes an infobomb.
For example, if we produce a given number of cars and had a very strong currency, those cars might sell for five thousand dollars on average. With our current weak currency, they might sell for twenty thousand on average. However, the country that payed twenty thousand dollars per car and produced the same amount of cars is not more prosperous, they just have a weaker currency.
Sometimes weaker currencies are beneficial in international economic trade. Lower currency values make our exports more attractive to foreign buyers and our imports more expensive. This would spur increase domestic growth and demand for domestic goods. That's why we continuously buy from China because they (unfairly) keep their currency low, making their exports more attractive, though importing is difficult for them.
@getnbusy2nite that's why they haunt Africa for trade,Their dollars(African) are cheaper than their own(China).We find it to hard to deal with the African economies.They (China)doesn't...Guns for Oil..
I can't post links because of error but data shows the same if not more velocity. This guy tells half truths. I don't doubt he's a smart guy but data does not lie.
The total amount of gold ever mined is estimated at 165,000 metric tonnes. At $1000 per ounce that's only $5.8 trillion. We produce over $13 Trillion in goods.
Any body else praising this guy an Economics Major? How about going for a Masters? Take Calculus or Matrix Algebra?
@getnbusy2nite You're making a big mistake there. The dollar value of all that we produce relative to gold is meaningless. If we tied money to gold, prices would come down to bring our production values into line with gold. The dollar values simply represent inflation. In the end, what determines wealth is the quantity of goods produced not their arbitrary dollar value.
@underdg22 Just to let you know I'm an econ grad on my way to grad school so I understand the quantity theory of money and fiat issues. (genuine thank you)
I see the dangers of fiat currency, however it can also be beneficial when dealing in international economies.
My only issue with the Gold standard Argument is that it can't be accomplished anymore. We could tie it to a basket of commodities but we would have to buy up and stockpile $7 trillion pushing up prices of those goods.
@scott04la : HAHAHA. The Fed acts to control inflation and unemployment: two things that directly affect the well being of the American people. How is this unconstitutional???
@bdl108 Apparently you don't know what a cartel is; have you read 'the creature from jeckyll island?' It's too bad those of us in favor of liberty always have to explain everything; yes, the fed has some lofty goals, but ask yourself if it achieves its goals or if it creates and exacerbates problems. Also, how can a central bank protect from unemployment? There's no reason in that statement. The fed hurts the poor and middle class by inflating and debasing the dollar. Wake up man.
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The Federal Reserve is a foreign owned private corporation and needs to be thrown out of the USA along with NATO, the UN, the Bilderbergs, the foreign owned Trilateral Commission, the foreign owned Council on Foreign Relations, the foreign spy agency called the Israeli Embassy, along with the foreign president....Obama.
altgeldrarities 3 weeks ago
intelligent analysis by Ron Paul. he is well briefed and understands the issues
thisisyourwakeup 2 months ago
The simple fact that congress isn't up in arms over this, tells you where the criminal activity lies. If our president elects these scabs into power, then allows us the taxpayer to bail out wall street, then he simply needs to stand trial and jailed for this. If congress has the sole power to create our currency alone and doesn't, then we are going to need a prison big enough for them as well.
Our whole system needs to be gutted, and built again from the ground up.
electrichamster1 2 months ago
@nickgage1162 When the Fed "prints money" it is literally typing in money into a bank's account so no printing is actually happening. This causes inflation since there is more money available. The bank then owes the money to the Fed so it will have to pay it back with interest. So for every dollar that is printed that the Fed loans to our banks we owe more than it is worth: dollar that was loaned + interest = our debt.
Timmy12688 2 months ago
@Timmy12688 Aaah thanks, thought it something to do with the lesser value of money. Happened to Nazi Germany too right?
nickgage1162 2 months ago
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musicalidea 2 months ago
He keeps looking at Ron like, "i know it's destructive to devalue a currency, but how else do you expect us to stay rich and powerful?"
sGreyful 2 months ago
Can anyone tell me why when you print more money you go into more debt? Only aspect of Ron Paul that I don't understand
nickgage1162 2 months ago
@nickgage1162 More money in the market, less it's worth total. When money doesn't have a backing, it's harder to tell what it's worth, because you can just keep printing how ever much you want. Printing such large amounts causes inflation. Timmy is correct. The "fake" money loaned to banks has to be paid back, with interest, so they owe more money than they got. So this magic money that bailed out big companies, raises inflation, which we, as citizens, have to pay with increased prices of goods.
Rumblingsauce 2 months ago
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if nothing backs the bills/ dollars/ paper money...then all that remains to make it valuable is an idea. However, if someone else does not share that idea or faith in it...it is worthless. Meaning the idea of idea or just faith in a dollar doesn't make it valuable, it is what the dollar represents...what backs it up...that makes it valuable.
The91stallion 2 months ago
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The91stallion 2 months ago
notes aka dollars without backing is dangerous.
The91stallion 2 months ago
I'm looking through all these videos of Bernanke and he always blurs the answers to the most important questions..
0001connie 2 months ago
Common sense and a person actually there for the people. Be nice. Only problem I see. Is... If we elect a president that has good intentions. We have the fucking house and senate that don't have to agree with what he says.
hicksroadstyle 3 months ago
The WORLD, not just AMERICA, needs to "Wake-Up!" and understand that we need to look at the Zionist/Jewish "PUPPET-MASTERS" who Lie, deceive, and stealthily hide behind every single catastrophe around the Globe today! (FACT!) They Control not only OUR Governments; Media; Banking, but virtually every single major corporation and industry in the WORLD today... another "FACT!" Either research for yourself, or go to: wake-upbeforeitstoolate(dot)com and be prepared to be absolutely shocked!!
einrib4truth 3 months ago
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Vote4RonPaulLiberty 3 months ago
this man has common sense, and enough humanity to actually care about american people...this is him on capitol hill..not a campaign speech...his honesty will keep him off our ga. state ballot,, by the rnc.. my lack of choice disgusts me as a citizen
dv831 3 months ago
Look, we have to prolong oil supplies. That's why we don't have our currency backed by gold Mr Paul. We can't have no $30 oil, in which everybody buys up.
Seedofwinter 3 months ago
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The91stallion 2 months ago
@Seedofwinter , correction...not having gold backing is nothing new.I could be mistaken but I believe in late 1700's and early 1800's and when trade was growing (& products like molasses and sugar were highly valuable), bills were being considered to replace money when banks began to consider tangible money (gold and silver) inconvenient...& tried pumping $ w/o backing... just saying. At least bills/federal notes were backed by something in the past, unlike all the cash being produced today.
The91stallion 2 months ago
if the government issues money without interest and can control its value with a gold standard then i can agree with that.
MrBigEnchilada 4 months ago
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mmx13 4 months ago
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justatrey 4 months ago
Ron, here's a clue, the Fed's policy is NOT a failure. They don't want to incentive saving or have a stable economy. Boom/Bust is created by the Fed on purpose to indebt us, put us in emergency so we must sell our assets. The Fed does care about the middle class. They care about bilking them. They are the ultimate predatory lender, along with their shadow-partner Bank of England and other central banks. A gold standard is BAD Ron. Treasury = make all money = solution
Foreshadow44 4 months ago
@Foreshadow44 Ron Paul isnt talking to Bernanke. He's actually talking to the Americans who are watching the broadcast. Most people have no idea how money is created in our economy nor do they understand the monetary policies that govern their lives. I agree however that the a Gold Standard is dangerous (mostly because every other currency on the planet is FIAT).
moxypirate 4 months ago 2
Most people are just too stupid to get it.
Inflation is you dumbasses recklessly raising your debt ceiling and constantly creating new services for expanding your military empire, or more bureaucratic policies or government jobs.
Creating jobs in government means nothing because they are paid by the taxpayer, which comes directly from the Fed, inflating your dollar that much more and therefore decreasing your savings.
Making more money, makes your money worth less. CUT SERVICES.
PERIOD.
SergeantPepper99 4 months ago
@SergeantPepper99 exactly,,,inflation...lets examine it....what is our currency worth..with no gold standard to measure it by? what backs the value of the paper we print?///look up ft. knox..and how they wont even tell america, if any gold is even still there..so what are our dollars worth? chinese debt
dv831 3 months ago
Jesus could it be any more obvious the way bernanke answers ron paul's "to the heart of the matter" questions??? He couldn't make it any more obvious that he beats around the bush and can't even give anything that faintly resembles a straight answer... and it makes it hard for me to believe that he is not a sophisticated thief and crook just like the big boys at enron...
RollOut82 4 months ago
Ron Paul is correct to suggest that inflation is largely caused monetary policy. Even Bernanke in his response acknowledges that increasing money supply is a major factor. But I am not sold on the return to the gold standard. Germany did not adhere to a gold standard, yet did not have a problem preserving the value of the DM. Now Germany is keeping the value of the Euro up. Safe bet: the dollar would have devalued more relative to the DM than relative to the Euro. It's about discipline not gold.
GlimmerOfLight 4 months ago
don't believe in inflation? in 1999, a jar of mayonaise was $2. now it's $7. a box of macaroni and cheese was 40 cents. now it's $2. do you really think the american people are so stupid that they won't notice the deliberate devaluation of the currency? eggs are now $2 a carton, at one point they were 33 cents. this is utterly rediculous. our currency is becoming more inflated and devalued every day.
shitthrowingmonkey1 4 months ago
@shitthrowingmonkey1 This sham has been going on since the "Federal Reserve Act" came into being in 1913. Yes the American sheeple are very stupid. They have allowed this outrage for nearly 100 years. The current dollar is worth 1/3 of ONE CENT of the dollar of 1913. Yeah they are stupid to have allowed these gangsters conrol. And why does Congress even go through the sham of having this criminal appear before them as if he or the "Fed" owners gave a big rip what Congress or we the people think
Fedproman 4 months ago
@shitthrowingmonkey1
That's nothing, just wait until foreign banks stop propping up the dollar and depag.
xMaXiMuSx 4 months ago
Will the Fed make it to their 100th birthday? Let's hope for our sake no.
LukeBeforeYouLeap 4 months ago
Paul: "This isn't working. There's no way it could have worked. WTF is wrong with you?"
Bernake: "I was told to only worry about prices. Other than that, I don't really know whats going on. Not my job."
Shanockdotcom 5 months ago
Ron Paul slaps down these CFR,IMF puppets .Money, controls these GOP puppets .He's the only man up there that is not afraid of the Washington machine.Same groups that was wrong about Iraq, killed close to a million people, most innocent people .The money machine just needs to keep the lies going, and fool the world .They create conflicts to profit,and enslave the people thru debt and taxes.Its simply world traders, investors, and banks,even the Fed Reserve, READ HISTORY
2020starman 5 months ago
The 13 thumbs down on this video are impediments to the development of Western Civilization and a shame to humanity.
MrWakethesheeple 5 months ago
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BootsyBrootal 5 months ago
@sirglickness If Ron Paul could predict the housing bubble years before it happened, while greenspan and bernanke could not, how much are their Ph.D's worth?
The point is not Ph.D's but their economic philosphies, and the austrian viewpoint has a record of showing when things go wrong, while keynsians could not.
kardentyrell 5 months ago
They WANT the middle class wiped out. Bernake is a disgrace to humanity and a LIAR
Ayelyah 5 months ago
@Ayelyah Check out our video Challenge for ALL Ron Paul supporters and participate in it and get all your friends and family involved...Our Republic Needs you...type in- Ron Paul Supporters: Challenge .........in youtube ( its by our channel JASONANDTRACI ) ....Help make the video VIRAL!!!!
JASONANDTRACI 5 months ago
jewish money masters will destroy america and then move on
911liberationday 5 months ago
@911liberationday ....the american jew bernake is Loyal only to israel
Traitor
GoatMetiC 5 months ago
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try to encourage people to spread his best video's from You Tube around online especially social networks
One can also join Ron Paul meet up groups that will be on the streets educating the people that live and vote by the failing status quo.Google his meet up group in your area . Ron Paul will need a landslide to win with today's voting process and main news media selling these GOP puppets
2020starman 5 months ago
All politicians do nothing for the people. they are ALL greedy and corrupt sons of bitches. Ron Paul sounds good, but it's all a fallacy, he is a politician...when he's not kissing babies....he's stealing their lollipops. And as for Big Ben.....he is just a hired cocksucker. I'm surprised he is able to speak into the microphone due to so much cocksucking.
Mirada84 5 months ago
PUMP PUMP PUMP!
13lackLight 5 months ago
@franco86 Were you class of 1912?
failderhorn 5 months ago
The banner under the video at 0:39 quotes Bernanke: "Subprime mortgage lending is positive force if done properly." Was forcing banks to write these loans and taxpayers through the offices of Fannie and Freddie, his definition of "done properly"???
ExZonie 5 months ago
Bernanke had to pretend that Ron Paul was calling necessarily for a return to the gold standard, which shows he couldn't argue the issue that was on the table, the value of the dollar and monetary policy.
johnnyharpe 5 months ago
I love how Ron free styles everything. No note cards, prompters, etc. Just the honest truth. And honestly, I don't think congress can handle the truth.
Stephie49601 5 months ago 56
@Stephie49601 Check out our video Challenge for ALL Ron Paul supporters and participate in it and get all your friends and family involved...Our Republic Needs you...type in- Ron Paul Supporters: Challenge .........in youtube ( its by our channel JASONANDTRACI ) ....Help make the video VIRAL!!!!
JASONANDTRACI 5 months ago
@Stephie49601
Congress can handle the truth, but the Congressmen know that the majority of people can't handle the truth.
The Congressmen then pretend like they too have no idea of the inner troubled workings of government and the ignorance is continued. They then bash anyone who even remotely sticks their head out to stand up for what's going on, vis a vis Ron Paul.
This creates our current situation, where Media Moguls are trying to shut him up for wanting to cut luxury service bullshit.
SergeantPepper99 4 months ago
@Stephie49601 You're right; Congress can't handle the truth.... they operate and based on lies.
END THE FED; Bernanke & Geithner to jail!
RON PAUL 2012!!
sswemmer 4 months ago
@Stephie49601: Yea you can talk without prompters and notes etc. when your telling the truth.. just sayin.
BigT27295 2 months ago 2
Ron Paul can fix the problem, Unfortunately there are powerful idiots out there who don't want that and want to destroy this country.
boanerges144 6 months ago
I always imagine like five fat bankers in suits talking to Ben Bernanke before he goes out to do this. Like "if he says this, say that, and if he does this do that." He's answers are always pre packaged nonsense. I think Ron Paul knows that's all he'll ever get so he just uses that time to rant a little and get the message out to the public, because nothing is working. How many videos are there where Ben Bernanke is being interviewed just here on youtube? There is seriously like 50 I have seen.
BlueReishiMan 6 months ago
Arrest Greenspan, Barneke for financial terrorism
Greenspan set the policy for America and the dollar to fail
looking for terrorist these 2 are worse than AlQaeda, and they are real
impkap 6 months ago
The american dollar? thats bupkis! give me gold RON PAUL 2012!
Tellinhowitis121 6 months ago
With all due respect Ron's arguments sound as if taken straight out of a high school econ book. I wonder how much more he really knows.
sfranco86 6 months ago
@sfranco86 Haha! If only more high school econ books presented Austrian theory!
blarn317 6 months ago
@sfranco86 If you believe that Ben Bernanke is doing the correct thing, you are crazy. Ron Paul is absolutely right when he says to look to history, Ben Bernanke is just a puppet. Corporations have destroyed our country, especially the banksters.
CrazyDoggy1 6 months ago
I'd like to see Ron debate with Obama, especially if Obama didn't have his teleprompter. Ron would win in a landslide.
Yabuturtle 6 months ago
Ron Paul will relieve Obummer of his job in 2012!
miazagora 6 months ago 13
Ben Bernanke is an economic maestro. Ron Paul is a crazy old kook who smells like a fart and is racist.
TerrorWarrior5000 6 months ago
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RUSSIA SELLS OPIUM FROM AFGHANISTAN,( THEY BUILT A TUNNEL TO FORMER SOVIET UNION REPUBLIC) TO WESTERN EUROPE. RUSSIA SELLS PROSTITUTES TO WESTERN EUROPE. BITCH HOW DO U THINK RUSSIANS BUY THOSE YACHTS? U PUSSY DRINK 10 CUPS OF COFFEE A DAY WHILE CHINESE OPEN FACTORIES AND RUSSIANS SELL DRUGS FROM AFGHANISTAN. U KNOW UR PROBLEM ? UR LAZY AND U HAVE TOO MUCH FREEDOM OF SPEECH! RON PAUL NEEDS TO GET FUCKED UP THE ASS BY REAL MEN THEN HE'LL SHUT UP! RON PAUL HAS NO BALLS!
RON PAUL HOW DO YOU SLEEP?
democratsaresmart 6 months ago
Ron Paul is so good he can roll straight out of bed, put a suit on, and put on a hearing like this.
jgonz185 7 months ago 8
If you seriously support Ben B. or any other of those Private Reserve criminals, you should be crucified.
xXLayneStaleyXx 7 months ago 3
@xXLayneStaleyXx Ron Paul should be tossed in GITMO and tortured until he confesses and get tried for treason and then be crucified to set an example for other domesticated terrorists who side with the terrorist.
TerrorWarrior5000 6 months ago
@TerrorWarrior5000 you are so blind and ignorant that you have no idea what is going on and you keep listening to the lies of the current and past several administrations, you sick fuck. GTFO of America
MTenery14 6 months ago
Respond to this video... And btw, I've read some of your other comments. The UN and NATO in fact DO NOT decide whether we go to war or not. The CONSTITUTION of our nation does. Get your facts straight. You claim you're a patriot, but you're nothing but a war monger, and your ideas are the ones that will cripple our country. RON PAUL 2012!!
MTenery14 6 months ago 3
Ron Paul is the voice for the hard working American, and a true patriot. I know he would never get elected into the position of president... but he should. There are real good people in Congress that can make a difference, and I think it's a matter of time before they take down the Federal Reserve...Ron Paul truly Rocks!!!
ubentmywookie 7 months ago 3
WHICH OF THE FOLLOWING IS THE WORST REPUBLICANS DID TO USA;
1) REAGAN MADE SOVIET UNION DISSAPEARED AND OPEN EYES TO RUSSIA NOW THEY ARE BECOMING CAPITALISTIC COUNTRY?
2) BUSH WAS DRUNK MADE TWIN TOWERS COLAPSED, KILLED 3000 AMERICAN PEOPLE AND MADE THE WHOLE COUNTRY TO HAVE POST TRAUMATIC STRESS DISORDER, NOW EVERYBODY IS
PARANOID THANKS TO REPUBLICANS?
3) SPEND TOO MUCH TIME ON FUCKING LEWINSKY DRESS , INSTEAD OF FOCUSING ON EUROPENIAN UNION CREATED EUROS?
AMERICA VOTE
democratsaresmart 8 months ago
YOU ARE SO DAM RIGHT PAUL!!!!!!!!
MrTAFSIYNOT 8 months ago 50
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@MrTAFSIYNOT Reminder : Many former Obama supporters are now crossing party lines to go with Ron Paul. In about 20 closed/semi closed primary states, U wont be able to vote for Ron Paul if U R a registered Dem.So change that affiliation to REPUB today ! Don;t let them cheat U out of a vote and dont let them cheat Ron Paul out of the nomination ! That will be the ONLY way he wont win - if people don't realize they have to reg. REPUB in many states to make their vote count
doogleandalix 4 months ago
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CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
kopellhinex 2 months ago
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All non-republican supporters of Ron Paul need to temporarily register republican to vote for him in the primaries. If he doesn't win the nomination it will be Mitt Rino & in a choice between obama & obama lite I'm writing in Ron Paul.
KenMacMillan 8 months ago
When I look at Bernanke sitting there I see the devil in his eyes.
moose423 8 months ago 2
@moose423 Ben Bernanke is a holy man of peace and freedom. Ron Paul worships Muhamed.
TerrorWarrior5000 6 months ago
@TerrorWarrior5000 lol good one Ben!
moose423 6 months ago
@moose423 You hate Isreal and are an antisemenite!
TerrorWarrior5000 6 months ago
@TerrorWarrior5000 that's hilarious since I'm Jewish you idiot...
moose423 6 months ago
Ron Paul has no ties to Wall Street, the fed, Trilateral Commission, Bilderbergor CFR (Counsel On Foreign Relations) right?
moose423 8 months ago
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In all this game, the devil is the victim, is the scapegoat, will be acused of everything cause the GOD don’t want any rivals*. Conclusion: live at the full in the freedom of GOD (praying in a right form,following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and limited power of devil cause he is just a temporary puppet.
diptdipt 8 months ago
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SIGN THE PETITION! - RonPaul2012DOTnet
This petition is supported by RonPaulDOTcom
Our goal is to gather 100,000 signatures for Ron Paul to run for President in 2012! Spread this comment across YouTube!
memosinyourmouth 8 months ago
This may be the last opportunity for America to reverse this track of destruction we are on – and a chance to rebuild a system of governance that understands its true role, to protect our freedoms and support the right to private property and the accumulation of wealth. Liberties well understood by those who architected American's Constitution and the Bill of Rights. RON PAUL 2012 <3333
FreedomFinder 8 months ago 2
lets see him smile when we stick'em all in a fema camp they built for us!
MichaelTMurray 9 months ago
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what evidence is there for that?
richmocha 9 months ago
TheBIG question that has tobe asked is"WHAT IS MONEY'and the Majority of people really don’t know!One of the easiest,and best videos ever made about“WHAT IS MONEY”can be found,
youtube.com/watch?v=EtF_zbI5j7M&feature=channel_video_title
America; the biggest fraud, ponzi scam, swindle, in the history of mankind,is being perpetrated against an intelligent people.Either our politicians are ignorant of this fraud, or they are a part of this fraud?This is a Major down fall of America
Clint45s 9 months ago
@Riddlerx333x ...EXAAACCTLY!!!
Msiadorechocolate 9 months ago
HEDGFORMERS...more than C P I.
Previously on Hedgeformers, the Autostocks leader, SubPrime, found himself in a clutches of Morgatron and his evil Derivicons.
-"Give me the (ARM)-cubs, SubPrime, so that I may use such new investments to spike myself back to Cybertronion Markets."
-"Never Morgatron. You and your Derivicons have created enough falsified statistical growth charts. These (ARM)-cubs will be use to put hardworking Earthlings into good homes."
-"......you're shittin' me!"
HEDGFORMERS
antediluvian99 9 months ago
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HEDGFORMERS...more than C P I.
Previously on Hedgeformers, the Autostocks leader, SubPrime, found himself in a clutches of Morgatron and his evil Derivicons.
-"Give me the (ARM)-cubs, SubPrime, so that I may use such new investments to spike myself back to Cybertronion Markets."
-"Never Morgatron. You and your Derivicons have created enough falsified statistical growth charts. These (ARM)-cubs will be use to put hardworking Earthlings into good homes."
-"......you're shittin' me!"
HEDGFORMERS
antediluvian99 9 months ago
Comment removed
antediluvian99 9 months ago
Yeah, you'll almost always see 3-4% inflation in a growing economy (if phony balony oil prices don't sink us first) but if the dollar didn't tank in late 2008 when the panic hit then the old US buck's still the world's default 'safe harbor' currency..
bellcord 9 months ago
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antediluvian99 9 months ago
@bellcord if ifs and buts were candy and nuts you'd already have your new world order.
ShitWrangler 9 months ago
@ShitWrangler A guy I worked with back in 1986 was always goin' on about 'The New World Order' ...heard about it at his church.... so it ain't too 'new'...and with the Panic in 2008 there ain't much 'order' involved eiether I'd suspect....
bellcord 9 months ago
maybe it's time for another revelution
abzd555 9 months ago
This was in 2008 and in 2011 the currency isn't debased, the dollar's still the world's choice of safe harbor money and lovable old Doc Paul still doesn't know his ass from a hot rock..this old shithook is straight out of 1932 still fighting FDR's new deal reforms and no one knows enough history to call him on it...we tryed the Gold Standard, we've had hands off Wall Street and we've let a wounded economy bleed to death..we didn't like it Doc..
bellcord 9 months ago
@bellcord Not yet at least. I'll tell you what though, I'll take 5oz of silver and put them up to $200 of your "safe harbor" dollars, and well see which one would buy more groceries in the next few months.
spainman2020 9 months ago
@spainman2020 Hate to bum ya out spain but PigglyWiggley ain't taken 5oz of silver...just my dollars...don't worry , barbeque's at my place..
bellcord 9 months ago
@bellcord Lol, nothing a quick trip to local coin shop won't remedy. I'm just saying, watch what I tell you... I've been listening to RP for the last few years, and I can't see where he's been wrong. Just because it hasn't happened yet does not mean that it won't. Our money is going down as we speak, it just hasn't hit the fam yet. Our dollar is losing purchasing power.
spainman2020 9 months ago
I'm horrified! Who are these goons? I don't mean Ron Paul. He asks valid questions and is clearly mentally alert. Who is the gum chewing moron sitting behind him, and the mentally deficient looking, calorie saturated man in front? Who are these people behind Bernanke? Their eyes are totally glazed over. I'm in the UK and just curious. What does it take to make these people at least pretend to look interested? I'm worried about America
angelicinspirations 10 months ago
@angelicinspirations Why do you care about such irrelevant things? What's relevant is the content.
TheMoriMaster 10 months ago
@Riddlerx333x ...not only jewish but many european mafiosos!!!
drumminghunter 10 months ago
@Riddlerx333x Yep, including its own.
Frikkn 10 months ago
@deficithawker haha keep printing that money buddy! Keep believing that inflation does not exist, and that a global rejection of the dollar will not occur if we keep printing FICA money. Believing anything the Fed tells you leads me to believe your the clueless one. This is one of the most secret organizations in our country, that fights any attempt at an audit, yet you believe what they say? Your the perfect sheep my friend.
mac423 10 months ago
"... as many may not agree with ron paul from a political perspective or a foreign policy perspective.."
this statement is only true if you're paid to say that on television as a smug balding yuppie
allabastormaroe 11 months ago
Those late night Cash 4 Gold commercials?? It's the Fed Reserve that wants to give you useless, printed money for your valuable gold. DON'T DO IT!!!
LCFlowercandy 11 months ago
@LCFlowercandy Actually, its the rich that are opening these stores, because of the neverending slide of the US dollar. They are investing their US currency while it still has some value. Also, i have seen unproven accounts that the chinese are also opening these stores, and bulk selling the gold back to china.
mac423 11 months ago
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@LCFlowercandy Actually, its the rich that are opening these stores, because of the neverending slide of the US dollar. They are investing their US currency while it still has some value. Also, i have seen unproven accounts that the chinese are also opening these stores, and bulk selling the gold back to china.
mac423 11 months ago
I fucking LOVE when uneducated people dislike videos where Ron Paul simply gives a correct lesson in economics to the man who is responsible for everything wrong economically in this country today.
Nice try, morons. Go read something, pleaseeeeee, for the life of this country. Stop being inbred morons. I know it's hard for you - but PLEASE go read! Start with Economics 101.
mit26chell 1 year ago
notice how this scammer gets nervous... like saying... "damn you, you're not supposed to talk about that... "
josebv00 1 year ago
FED is sucking american blood from 1913
Mrjaguarpaw1 1 year ago
@B0bL0bl4w If Ben Bernenke is stupid, then why don't you take his position at being the Chairman of the Federal Reserve. I'm sure you will do a better job lol
TheJtown99 1 year ago
@TheJtown99 God another 10 year old trying to make a point. Heres Paul's point for uneducated ignorant people like you. 100% Money stability (gold and silver standard) makes prices go down and the value of our money go up. Grow up and learn some economics.
THEKINGOFMETROPOLIS 1 year ago
@THEKINGOFMETROPOLIS Imagine this, Ron Paul gets elected and the gold standard is put into motion (talking around 2007 when our economy shit tanked). The NAV in the money market almost breaks the buck (thank you Lehman Brothers, it's a good thing the Fed let them fail) and private lending is slowing because of this over leveraged environment. So lets just sit back and let more banks fail and do nothing about it. Why do nothing about it? Oh...I forgot printing money to save the economy is bad.
TheJtown99 11 months ago
@TheJtown99 If you think bailing out the bankers and wallstreet, the ones who stole American money, was a good idea your a fucking tool. Yeah the CEOS got rich while everyone else had to pay for it. Your damn right printing money to save the economy is bad when there is nothing to back it up. When inflation happens who gets fucked? The rich or middle class? Grow up and study some economics.
THEKINGOFMETROPOLIS 11 months ago
@THEKINGOFMETROPOLIS totally agree.. tho both rich and poor will be "fucked" when the dollar loses all of its worth. Austrian economics teaches us that during these times, the rich will contract the wealth of society amongst themselves, so their suffering will be lessened. But, if we see a worldwide rejection of the dollar, those rich people are just as screwed if they hold their wealth in federal reserve notes. Maybe thats why the rich are opening "we buy gold" stores everywhere.
mac423 11 months ago
My birthday!
Malexa3366 1 year ago
Ron Paul obviously has no idea of what he is talking about. The impressive thing is that so many people support him.
anonimo198931 1 year ago
@anonimo198931 YOU are ignorant and brainwashed
heightboosting 1 year ago
@anonimo198931 Are you some kind of mindless puppet for this monstrosity we call our American Government? Ron Paul is 100% correct in everything he says! The Federal Reserve must be abolished and we must adopt a monetary system in which is backed by silver and gold or our money will soon be worth no more than the dirt you walk on!
gfifer1 1 year ago 2
@anonimo198931 Only a few will admit the truth. That's not so impressive.
FastPonyGT 1 year ago
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I am already starting, Go to ronpaul dot com and take the pledge. Then post that site on your face book. Get your friends involved with RP 2012. Get your families involved with RP 2012. Show Ron he has the support. Get your Tea Party to understand he is the only true Tea Party candidate, he sets the bar for the Tea Party. Give him a solid base. The man is what America needs now more than ever. Educate the few so they can educate the many!! Pass it on RP 2012!!
Dont let media choose our Potus
boxingboycow 1 year ago
Ron Paul Rocking Big Ben
Paid4ByTheFED 1 year ago 43
@Paid4ByTheFED kids in history will hear about this 50 years from now
mjeatsies 5 months ago
@B0bL0bl4w You're absolutely right. A marginal understanding of economics tells you that QE will devalue the dollar and you don't get to be Chairman of the Fed with just a marginal understanding of economics. He wants to destroy the dollar just like Greenspan and Geithner wanted a housing bubble. Thanks guys I was so happy when my family lost their home and I know I have you to thank, but just a friendly tip: give your bodyguards a raise, you'll need them.
ShAtTeReDfAcAdE 1 year ago
@B0bL0bl4w agreed.
sizmike 1 year ago
The most honest man who has ever existed in American politics. He will never hurt you. He loves the Conservative fiscal and is a liberal of personal liberties. What more proof of him being the middle is needed.
JohnnyMac2237 1 year ago
@JohnnyMac2237 Libertarian not liberal...there's a difference.
funk7000 1 year ago
@funk7000
He is a liberal on personal liberties. I myself are personally a libertarian. The difference is liberals do not believe in economic freedom.
JohnnyMac2237 1 year ago
@funk7000 Not much of a difference - we as Libertarians just do not endorse government force, through the barrel of a gun or in any form, and liberals do when it comes to stealing from some to give to others. In a free society voluntary action and associations must be absolute throughout. If people want to give money from their paychecks to pool into a fund for poor people to buy health care, and many would, than that is fantastic and should be commended ;)
mit26chell 1 year ago
@funk7000 Although, I would agree that that is a pretty huge difference, so never mind ;)
mit26chell 1 year ago
@sirglickness
Have you done you ANY research on Paul's credentials ? Maybe you should, I think you would agree that Paul has much more credibility than Bernenke, who has with the help of DC, managed to ruin the USA economy.
A PHD is great, but it doesn't make you smart. A smart person makes smart decisions, Bernenke may be brilliant but he's complicit in stupidity. That makes him stupid, PHD or no PHD.
sizmike 1 year ago
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ron paul is right on
Zoltar30001 1 year ago
3:06 you can tell Bernanke is smiling because he knows what Ron Paul is saying is correct. But Ron is very theoretical. Just like school vs real world - theory doesn't necessarily pan out in the real world.
briansle 1 year ago
@briansle Who ever said that way didn't work? The history that we are taught is fictional.. Wouldn't the banks want you to think that you can't no have debt? Paul's theory would work.
CartoonPoem 1 year ago
The surest way to get Ron Paul or similar elected is through an educational campaign rather than a political campaign. By far, the simplest and clearest explanation yet of our monetary system is the YouTube video WHY WE ARE IN SO MUCH DEBT. It is a must watch. The presentation style is perhaps too laid back, but the information and insights hit with force.
SilentNoMorePubs 1 year ago
Bernanke is a fraud compared to Paul.
xMaXiMuSx 1 year ago
@sirglickness ron paul is better economist, but the fact is not the knowledge, is the intention, bernanke (he is a puppet anyway) dont wants stability, he follows orders to destroy us economy to create chaos, remove peoples liberties, maybe martial law, and surely a fascist government.
bestplugins 1 year ago
@sirglickness You do realize that Ron Paul has been studying economics since Ben Bernanke was in Elementary School?!
LaughingMage 1 year ago
@sirglickness
Bull$hit
Ron Paul has been right about every prediction about the housing collapse and everything else. Bernanke has been wrong about everything. See the videos here on youtube. Bernanke has been wrong about everything.
xMaXiMuSx 1 year ago
Ron Paul is the only smart member of the house!!
obaco2008 1 year ago
Gold standard is bad since we don't have much gold. GOVERNMENT RAN FIOT CURRENCY is the best. look at green backs and Post-American Revolution currencies were the only two true currencies that have ever worked ( with the exception of the tally stick. The best thing for us to do is to give the power to print money back to our government and not these private bankers.
Str8upWizardCJ 1 year ago
@Str8upWizardCJ
NO...
it worked for a short while but corrupt goverments would abuse it.
It needs to be backed by something like gold or silver.
xMaXiMuSx 1 year ago
@xMaXiMuSx Disagree absolutely, Fiot Currency under the public supervision of the people and government is the absolute best system.... Unless you would rather go back to the tally stick system. I do apologize for a typo I had posted in the previous statement. You are correct that the POST-American Revolution Fiot system did not last, but I meant the PRE-American Revolution Fiot currency system used worked perfectly. Looking to history can help us.
Str8upWizardCJ 1 year ago
@xMaXiMuSx As to believing in backing our money in gold AND silver (not just one) I would say, back after World War I this would have been the best thing to do considering there was so much gold in America, but because all the gold was taken from the people and stored at Fort Knox (then magically disappeared) I'd say going to a gold standard will make this economy crumble. Our only true chance at having a stable economy is to give the right of printing money to the PEOPLE!
Str8upWizardCJ 1 year ago
@Str8upWizardCJ No. If you continue to keep printing money then it loses it value. It's like a baseball card or any trading card. If there's more copies of that certain card then its not worth much, but if there isn't that much then its worth more. That's a guaranteed way of making our economy unstable and making the dollar collapse. History has shown that all fiat currencies have failed. Only Silver and Gold is a true currency. Read Ron Paul's book "The Case for Gold" that explains everything
FamousDave2186 1 year ago
@xMaXiMuSx It's called printing money... then not printing money again. WOW who the fuck would have thought of that no brainer... Its called use Fiot money made by the government whilst raising fractional reserve lending percents, until we have banks that are full with real money. take away power from the Federal Reseve and give it to the treasury, and place a bill saying that 96% of all votes must agree to increase/decrease the money supply by a maximum of 5%. FIXED THE PROBLEM!
Str8upWizardCJ 1 year ago
@xMaXiMuSx If we went back to the gold standard it would around 2 million dollars for one oz of gold. THUS HYPERINFLATION.! our gold supply is too low and our money supply is too HIGH. Even if we backed our currency with every precious metal we had we still couldn't equalize the two at thier current states with out having the most massive constriction ever, which is exactly what cause The Roman Empire to fall into the Dark Ages. So obviously that is a bad idea.
Str8upWizardCJ 1 year ago
Well I'll say this, if all that I've seen of this Ron Paul on youtube is real, and it sure seems to be, he's got my vote and the rest of my family too, even tho ( and i'll say it ) I voted for Obama, and I'll say this too I voted for GW his second term, and what a BOOB he was, anyhow, I try and vote for whom I think will do the will of the ppl, and the best for the ppl, in the case of GW I was really wrong, and Obama, well it yet to be seen, but Ron Paul has my next block of votes, I SWEAR
ibew196 1 year ago
@Riddlerx333x Refer to Woodrow WIlsons laments
SignoroIncognito 1 year ago
Its like he was talking to a wall. Did Bernake understand or hear any of this?
zliminator 1 year ago
You are wrong. The fed is a cartel. A series of competeing banks working together in a monopolistic fashion. the people who ran those monopoly banks were the same people who wrote the legislation for creating the Federal Reserve! Dont you see the obvious? We have the Memiors, we have the journals, and editorials! We have the evidence, dont you see?
TheLeoSource 1 year ago
Whenever I have herd Ron Paul speak, he always seems to have nothing but the best interests of the American people in mind and I cant understand why you would rather have War mongers like Bush and Obama, I’m pretty confident you would be in a much better place if Paul in charge. I’m sorry, but if he is not your President in 2012… you are all fucked in the head!
utesonline 1 year ago 51
@utesonline Agreed. Ron Paul is a good man, but people are not into the truth for some reason... The Fed Reserve is a crime syndicate. A syndicate that runs the country and the presidents are puppets for them.
Shonuff75 1 year ago
@utesonline You see this very question you have presented me and the community of youtube with baffles me to an infinite degree!
HSCUK 7 months ago
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@bdl108 Here is what you dont know/ understand. The Federal Reserve was created to bust up the Money Trust. *google it* However, the Money Trust is exactly what created the Federal Reserve! Its a Private bank that cant be audited. It is independent from the Gov. Its as Federal as Federal Express! Its a bunch of banks controlling the monetary supply. Boom. There goes an infobomb.
TheLeoSource 1 year ago
GO DOCTOR RON PAUL!!
Jayn2662 1 year ago
For example, if we produce a given number of cars and had a very strong currency, those cars might sell for five thousand dollars on average. With our current weak currency, they might sell for twenty thousand on average. However, the country that payed twenty thousand dollars per car and produced the same amount of cars is not more prosperous, they just have a weaker currency.
underdg22 1 year ago
Sometimes weaker currencies are beneficial in international economic trade. Lower currency values make our exports more attractive to foreign buyers and our imports more expensive. This would spur increase domestic growth and demand for domestic goods. That's why we continuously buy from China because they (unfairly) keep their currency low, making their exports more attractive, though importing is difficult for them.
getnbusy2nite 1 year ago
@getnbusy2nite Our farmers here in Australia hate our dollar being so high for the exact reason you stated
73mandala 1 year ago
@getnbusy2nite that's why they haunt Africa for trade,Their dollars(African) are cheaper than their own(China).We find it to hard to deal with the African economies.They (China)doesn't...Guns for Oil..
kooodeal 1 year ago
PRICE OF OIL IN TERMS OF GOLD STABLE!?!?
I can't post links because of error but data shows the same if not more velocity. This guy tells half truths. I don't doubt he's a smart guy but data does not lie.
The total amount of gold ever mined is estimated at 165,000 metric tonnes. At $1000 per ounce that's only $5.8 trillion. We produce over $13 Trillion in goods.
Any body else praising this guy an Economics Major? How about going for a Masters? Take Calculus or Matrix Algebra?
getnbusy2nite 1 year ago
@getnbusy2nite You're making a big mistake there. The dollar value of all that we produce relative to gold is meaningless. If we tied money to gold, prices would come down to bring our production values into line with gold. The dollar values simply represent inflation. In the end, what determines wealth is the quantity of goods produced not their arbitrary dollar value.
underdg22 1 year ago
@underdg22 Just to let you know I'm an econ grad on my way to grad school so I understand the quantity theory of money and fiat issues. (genuine thank you)
I see the dangers of fiat currency, however it can also be beneficial when dealing in international economies.
My only issue with the Gold standard Argument is that it can't be accomplished anymore. We could tie it to a basket of commodities but we would have to buy up and stockpile $7 trillion pushing up prices of those goods.
getnbusy2nite 1 year ago
Ron Paul should become chairman of the finance committee in 2011
stater68 1 year ago 5
federal reserve: unconstitutional and immoral cartel
scott04la 1 year ago 77
@scott04la : HAHAHA. The Fed acts to control inflation and unemployment: two things that directly affect the well being of the American people. How is this unconstitutional???
And apparently you don't know what a cartel is.
bdl108 1 year ago
@bdl108 Apparently you don't know what a cartel is; have you read 'the creature from jeckyll island?' It's too bad those of us in favor of liberty always have to explain everything; yes, the fed has some lofty goals, but ask yourself if it achieves its goals or if it creates and exacerbates problems. Also, how can a central bank protect from unemployment? There's no reason in that statement. The fed hurts the poor and middle class by inflating and debasing the dollar. Wake up man.
scott04la 1 year ago