Why is everyone willing to continue to loan us money? Because they have a malicious intent to destroy America by saddling us with debts we can't possibly repay, and they do not believe we will ever have a government with the courage to repudiate the debt and rip off the rest of the world, as we should.
When hyper inflation hits... a million in paper wont buymuch. Took 10million to buy a loaf a bread when all germany did after ww1 is print money. THe exact same shit america has been doing. And every country has been devalueing their currencies becuase of the central banks that just inflate.. thats why gold price has gone up by 10x since 1970
The concept of affordability has been ejected. No one asks: "can I afford it." They say "how much debt can I handle." So, yes...inflation has taken off with a twist, which is perpetual debt. Problem is there is no gold. So, maybe 70 years ago, Austrian economics would have worked, but the problem is too big now. Something more drastic is now required.
@qigong1001 There is gold, because I have a shit load of it in my safe. And whenever I want some more I can go to a thousand different locations to buy it. Not my problem you don't want to get involved in the precious metal business, just one less competing customer. I have almost never asked myself "how much debt can I handle?" That's just stupid! If that really is the mentality of the population then we are beyond fucked, forget investing in silver and gold and invest in guns and bullets!
Ron Paul is the same guy -- see "Ron Paul on the American Civil War" video on YouTube -- who claimed that the US government could have simply bought all the slaves and avoided the Civil War. Never mind that there were over $4 billion worth of slaves and the Government's entire budget was just $78 million.
But Paulnuts don't need no stinkin' facts. All that stuff is irrelevant. What is relevant to them is paranoid theories about Jews and lots of spam.
@martinw1200 Every other country in the world who went through a Whites vs Blacks situation like ours bought the slaves, even if it were on a pay-by-year basis. We went to war with ourselves because we were too stubborn to give up the money. It was never right, but men didn't have to die for it. What was that about facts?
that guy from new york time just there to misinform the masses. the dollar is going down as predicted and third world countries currency are going down with it. Dollar is devaluating in America and in third world countries price of dollar are going up. this means that when the American economy blow up so will lots of countries with them. that is why so much not American people need and want someone like ron paul on the head of the American interest
I don't agree with Paul on this one, but boy is he great on other issues, and boy would I like to be related to him. I'd be like "Mom, can we visit uncle Ron next week?" and she'd be like "Sorry, he's very busy taking care of his son Rand these days" and I'd be sad. Goddamn Rand Paul stealing Paul Sr. away from me...
Mr. Leonhardt is a shyster. "Would you rather have a million dollars in paper money, or an ounce of gold" is a ridiculous question. An ounce of gold, as I type this, is worth 1746 dollars. Though the price of gold steadily rises, it is a result of the devaluation of the dollar. The question is obviously misleading and illogical. Mr. Leonhardt's smugness as he trots out fallacy after fallacy, like some cut-rate magician at a child's birthday party, is disgusting. What a complete charlatan he is.
@tacoland2000 I'll take the million dollars, deposit it in the bank and then wire a check to Monex for 560 ounces of gold (which just went up $16 today, Feb 28th 2012!) Just a few month ago when gold was at $1600/oz I could of bought 625 oz for a million dollars and today have a profit of $115,625!!!!! Could of made more with silver, especially when it was in the low $20's back in Dec/Jan!!!! (now at $37/oz)
Prices are falling? What a joke. Maybe the prices of financial instuments, like housing and stocks, but that's just an example of how arrogant Mr. Leonhardt is... prices of all commodities are steadily rising faster than people can afford, and the devaluation of the dollar by printing press assures this will continue. And then to say that the world is happy to lend us money to prop up the dollar? Is he completely daft? China's about to drop us like a hot potato and our credit rating just fell!
@MamonMuch how the hell do you know the Fed isn't printing money?? they're not even being AUDITED!!!!! i'll tell you how we came to the conclusion that they are though. INFLATION! it's a real thing dude, look it up. also the fact that countries think of our money as green toilet paper. i think i read that you said you're a eco major or something like that. find out who published your book and endorsed it and most likely be amazed at who's telling you inflation isn't real. :O the big bankers! OMG
@Markunator you must be misquoting. Gold and silver has been an international form of currency for almost as long as human existence. it's because of tool bags like you who thinks paper is money that our economy fucking sucks. just because you can print more paper money doesn't mean it will keep the same value. if anything it just shows how worthless it is.
@blahbub1 your number is false "fool". NOBODY knows how much gold is in Fort Knox (or other places we are holding gold) because no one has audited it in forever. RP has even brought it up in one of his interviews. don't believe what FOX news tells ya buddy, you're gonna get burnt in the end.
ive always asked my self if taxes is a way of the government collecting money and getting rid of by burning it or something to prevent inflation from going even higher. considering the fact that they can print money out of thin air. maybe a way of balancing the moiney
What Paul was trying to say is that NO government has been able to resist the temptation to print too much fiat money...thus causing inflation (which hurts the poor more than any other group).
"Our currency is good around the world"...yeah, until its not good anymore cause everybody has tons of this worthless paper stocked in his basement and nobody wants it anymore...what a jerk...
Where are going to get all this gold? Fort Knox only has $250 Billion in gold. It costs more to dig gold out of the ground than what it's worth. Ron Paul is a fucking fool.
if u want INTERNATIONAL CURRENT EVENTS in english, that are for some reason ignored by the western media then please visist CHANNELEDKNOWLEDGE:ORG its the news mainstream media ignores..
No, he implies that gold like paper has no real value other than that of acting as a currency. I believe he is wrong. Putting it bluntly, I wouldn't eat a TV either. Unless, of course I was really hungry.
Ron Paul would never make it as president..well theoreticaly i guess he could but he'd more then likely be taken out..you know JFK style. They dont want people with real minds to run the country they just want puppets in there. The real people who run this country are the ones who pull them strings, and alot of them people are the same ones who run the Federal reserve.
I'm supporting Paul, but tying currency to Gold is not a smart idea for the US or any major economy. Monetary policy needs to be reigned in and led by an effective fed chairman.
I'm supporting Paul, but tying currency to Gold is not a smart idea for the US or any major economy. Monetary policy needs to be reigned in and led by an effective fed chairman.
the question of $1 million in paper or a gold wedding band is nonsense. of course you can buy much more with the fed notes given such a high quantity compared to a several hundred dollar ring. a better proposition would be $1 million in gold or $1 million in paper. the point of the proposition is to point out the instability of the dollar due to inflation. next time the fed prints money out of thin air the value of that paper goes down. you cant print more gold and bring its value down.
The Fed doenn't, i repeat, DOESN'T print money out of thin air. The money is backed by securities and thereby it retains its value in a closed system economy. The only thing that "printing" money does is increase money supply, thereby lowering interests rates. You are thinking of money as a good, subject to the market forces that set the prices of goods and services (supply and demand).
Please respond only with reasonable arguments and not by appealing to your pride and narcissistic personality. If you cant provide a good argument against my claims then im winning this discussion.
The Fed does this in order to increase the reserve to loan ratios in financial institutions and have then readjust to their past ratio by lending more money, which, in theory, helps economic growth.
The people commenting on here seem to miss several important points:
1. Colbert is making fun of Paul.
2. The economist's logic was much stronger than Paul's. Paul is right about a lot of things, but he doesn't understand macro-economics.
3. Currency doesn't affect housing bubbles or bond prices. Those prices get inflated because everybody started investing in the same thing, went, "hey, its going up", and invested some more. They could have lost $5000 in gold or $5000 in paper. It's irrelevant.
@MrRedtubelover Your lack of understanding of economics is amazing. Even if people were engaged in speculative buying, without the Federal Reserve keeping artificially low interest rates there would be no line of credit for people to buy homes with zero-down, negative amortizations, teaser ARMs, etc. therefore there would be no housing bubble. I'm not gonna get into Fannie/Freddie and their responsibility in the crisis.
@JJaouli1 1) Fannie and Freddie made dumb bets and their own stupidity cost everybody.
2) You fail to understand that the price/value of a house, a stock, a chocolate bar, or anything, is simply what people seem willing to pay for it. It doesn't matter if that value is $5 dollars, $5 million dollars, or 500 gold coins; the value is just the supply relative to the demand.
3) I agree that the Fed fucks around too much. It should only be a last resort. They should screw with good times.
@MrRedtubelover And there IS inflation, this guy is dumb. Inflation is the increase in the money supply and if commodity prices rise then there IS inflation. Yes, there is SOME deflation in house prices but we should have had massive deflation in housing prices and the stock market but there are CRAZY increases in the CPI with honest calculations, not the Boskin BS calculations. Oil prices have been consistently high, gold prices are high, silver prices, food prices, cotton, etc.
@JJaouli1 4) A little inflation isn't ALWAYS bad. If my cost of living is $35000/year and my salary is $100000/year while my dad's cost of living was $10000/year and his salary was $20000/year, I'm better off today than he was then. Economic growth causes inflation, and that inflation is worth it. Inflation is only dangerous when you let it go out of control. The current US rate is 1.1%. Hyperinflation indeed. I'll start worrying when inflation hits 12% and/or Hillary is president.
@Shaehl Then what is the proper model, what is the real inflation rate, and how can I be sure that your source is more reliable than a professional economist?
@MrRedtubelover First off, economic growth causes DEFLATION. You really think that increased productivity and efficiency results in HIGHER prices? I bet computers and cell phones are so cheap because we are so terribly inefficient at making them as opposed to what the prices were in 1980. secondly, milton friedman said "Inflation is always and everywhere a monetary phenomenon", inflation used to be defined as "an increase in the supply of money".
@MrRedtubelover@MrRedtubelover secondly, if you want a real inflation rate, checkout John Williams of shadowstats, he uses the inflation rate used in the 1970s before we had the boskin commission, hedonics, geometric weighting, etc. and the real rate of inflation is definitely closer to 7-10% than it is to 1.1%. lastly, yes you can stop inflation but what would the interest rate today be then? it would be 10-15% and that would bankrupt the government.
@MrRedtubelover and you need to get ahead of the inflation in order to stop it, you cant just slow down inflation, paul volcker drove the U.S. into the ground with high interest rates in order to stop inflation, the U.S. economy cannot afford that today and we are staring into a future of hyperinflation.
@JJaouli1 That's what people were saying a couple years ago, then inflation rate dropped by over 50% (from an already sustainable level). Same thing in the 90s.
You still haven't answered any of the questions in my previous posts, and you continue to reveal that you are an economic pundit who thinks politically, rather than an economist who could care less about political values.
Does growth cause inflation? Yes. It makes people richer, meaning businesses can sell at higher prices.
@MrRedtubelover You calling him an Economic Pundit, but do you hear yourself? Saying the effects of growth causing inflation which in turn makes people richer in which gives them the ability to sell at higher prices.??? The average American is not getting richer because inflation and price increases are happening but INCOME IS NOT INCREASING and new jobs are not being created fast enough!!! Some Economics Major you are
@FrankWPromotions Pretty sure of yourself for someone who can't read and understand my posts. You're right that we don't have enough job and GDP growth right now, and take a look, inflation is very low as a result. When there is growth, people do become richer. If I'm a businessman and I know my customers are getting richer, I will charge more since I know they can and will pay. Inflation isn't only caused by growth, but growth does cause inflation.
The silly things that Keynesians don't realize - a true, free market gold standard has its own natural mechanism for counteracting deflation. Deflation, by definition, means that the relative price of the currency increases. So, if anything, deflation would act as a signal for gold currency producers to produce more - thus providing for a natural, rule-based, free market monetary and fiscal stimulus.
well we just got downgraded this year so, now countries are less willing to lend us money.. that's because we run on paper money rather than gold/silver/any other precious metal
It's messed up: if a corporate CEO just printed more stock-shares and sold them, then he'd go to jail for ripping off the stockholders; but Uncle Sam can print more dollars carte blanche!
YES, people lend the US government money, but they factor in an INFLATION-RISK which drives up interest-rates of the prime lending-rate and lowers stock-prices.
Yeah unfortunately most schools actually teach Keynesian economics-- aka VOODOO!
They assume that all transactions are FIXED like a river, and so you can manage them like hydroelectric dams and reservoirs-- just like the idiots who figured that a goose that lays golden eggs must have a certain amount of gold inside it, and so they BUTCHER it to get it all!
As a Canadian observing American politics, I seriously think that Dr. Paul is the way to go. He has common sense and a forward approach that you never see in politicians nowadays! He really seems to get the value of gold. I think I agree with him on this issue. Paper comes and goes. Gold will always be valuable.
It's not just gold, it's having SOMETHING to back the currency that's in relatively finite supply. It could very well be silver, but it must simply represent a finite quantity of something with a relatively high market exchange-value.
Gold is better than silver now that we can measure its mass more precisely, since it's more valuable and so it weighs less to transport a high value, i.e. a pound of it could buy a car. 10 lbs. could buy a house etc.
No, it has to be one or the other since their values fluctuate relative to one another.
Silver was good when we couldn't measure it so precisely, but now we can easily measure it down to the nanogram or less, so gold is better; also we wouldn't be trading real gold, but just certificates; the point is that there could be no inflation if there was no increase to the supply.
@glasshunter4real Are you aware that the gold standard is what destoyed Britain's economy under Winston Churchill? He later on said that it was the biggest mistake of his career.
Lol this guy writes for the NYT? He compares US currency to other fiat currencies? He cites the housing bubble bursting as "prices falling"? What a joke.
Ron Paul has done more for America then any President in my life. He has influenced millions of Americans and so many people who have never cared about politics are now taking his views and running for office at city levels and state levels around the country. Please do not stop by simply voting for Ron. Vote in local elections and get involved. This will bring about real Change.. Feel free to cut and paste if you agree!
Ron Paul has done more for America then any President in my life. He has influenced millions of Americans and so many people who have never cared about politics are now taking his views and running for office at city levels and state levels around the country. Please do not stop by simply voting for Ron. Vote in local elections and get involved. This will bring about real Change.. Feel free to cut and paste if you agree!
@atrasche1 well the guy say we can live in paper but not in gold <,< if i remember Correctly you can melt gold and form into a house. but paper can burn. i choice gold
the economist says "you can't eat gold you can't live in gold" well then could i eat paper and live in it? man is he stupid. Which would you use as a roof for shelter? a gold roof or paper? hmmmmmmmm lets see, i think i would choose the gold.
People can't afford a house or stocks . That's why they are failing in price. Nobody is buying them. People are spending their money on high price food and gas.
No inflation? Has anybody gone grocery shopping lately? Or tried to buy ammo or fuel? The prices are going up fast. Housing prices are falling because they were inflated in the first place. How were they inflated, you ask? Fast, easy loans made possible by the Federal Reserve System. Well, there is a bit more to it than that, but you get the idea.
Why can't I browse the Internet without running into "Mo-Ron Paul 2012"? Who are all these losers who spam the Internet? You, guys, remember me old idiots like Paul who made Jesus a god or brawlers who brought Hitler in power. Do you need a passionate leader? You got him, he's real, an old-squeaky-semi-literate-moronic fool named "Mo-Ron Paul 2012" :))) What is his surname, "2012"?
There's one thing about Ron Paul I like even more than his exceptional policies and his honesty, and it's that HE ISN'T even in power yet and I see American's, Canadian's and the rest of the world for once in my young existence, ACTUALLY AGREEING on something. Ron Paul 2012/one race, humanity. Love: Canada.
@Lettheworldburn4real Going out and talking to people. Considering Ron Paul is polling at around 12-16% nationally, yet everyone and their mom supposedly is supporting Ron Paul online, yeah, it's not a proper representation. Given that, I doubt most of his online supporters are eligible to vote.
If it weren't for the economics behind solid money (gold) none of us would be here because our grandparents wouldn't have survived. Do you think the people behind mapping the world and establishing new colonies were looking for paper or gold? Duhh? Paper is for fools and tyrants. If gold wasn't important why does the US spend Trillions in paper $ defending the gold with vast armies, high security, and thousands of laws?
If we return to a gold standard then they better make a law to make sure that the banks don't pretend they have gold when they don't, that is why it cashed, if they can guarantee and keep good records on the gold it can and will work, but the banks do things in secret with the FED and the congress won't touch it with a ten foot pole, and you know why... that is why we need Ron Paul, OH MY GOD A REAL HONEST MAN!! totally unheard of in this greed filled world they just don't know how to handle it
Inflation if not regulated leads to deflation, we need a stable economy, and printed money backed by nothing does not equate to stability, that is why the FED is always trying to balance the equation but in reality with no jobs or product we live in a artificial economy governed by the elite when it should have been the free markets NOT the FED NOT GOVERNMENT deciding what our economy is going to be, the meddling of these powers only causes more chaos and disintegration, we need sound currency.
He does tend to poke fun at everyone, yet more so on Republicans. Shit I would too, the idiot stuff republicans say gives this guy the material to have a show on comedy central everyday and get paid. And I can tell you one other thing, he gets paid with paper money, not gold.
For the many morons parking their tents around here: Stephen Colbert is poking fun at this old fool. If you don't get that, you are not mentally fit to vote.
@tr2006x You sir, don't understand Colbert well enough to know what he is poking fun at. Colbert is one of the greatest political comedians of our time. He gets people thinking about real issues through satire. He's fucking brilliant.
like really what the other buy said .... people respect the dollar around the world ... what a joke ... i do follow some news ... and up till not to long ago ... the dollar has been falling on the European market ... the only reason its been going up is because of EURO CUP 2012 the biggest sport on the earth ..... NOT BECAUSE THE DOLLAR IS STRONG !!!!!!!!!!
Did he say something along the lines of, "The nations are always willing to lend money to the US?" Did I hear that right? Our currency is good? Isn't the exchange rate from dollar to pound shit? And yen? You have to pay a crap ton just to get around? Maybe I'm hitting all the wrong spots, but I hardly think our dollar is good. Personally, perhaps they lend us so much money so we can be in so much debt that sooner or later, they'll hold that against the US. Until you pay it back, you're my bitch.
@Task5003 VERY nice argument BRAVO! Probably one of the best I've seen so far during a presidential election period. Most people just write something long and boring with dull things like facts and logic, but you are TO-THE-POINT! No messing around, you weaved your way strategically through a range of topics and continuously made points that even people like Ron Paul himself would have trouble debating against. I'm sure you've convinced hundreds, maybe even thousands of people with your comment!
If the dollar collapses than we're screwed. And that is that. They'll have to rush something out to replace it, but throw up a martial law police state to control the madness.
But you'll see that the price of gold will drop because the speculators are just trying to milk people right now.
The banksters that run the world are NOT going to a gold standard, that would screw up their whole NWO game.
If they do then I guarantee you that they will sieze your gold.
@lazer1million so you want to live with paper that tell the lie say they have money but they really dont. the big reason we cant print money it destory the value of the dollar to point just be paper not worth nothing. can will allway have Value. the big reason people scare to change is because it eaiser to lie then tell the truth
The fools selling gold are the ones fear mongering that everything is going to collapse. Sure, the dollar might collapse. But if that happens then the value of the gold you bought, or thought you bought if it's only electronic/paper stock, will deflate.
If the dollar starts to drop, find a stronger currency and buy into that. Like Chinese renminbi. I think the Chinese are dumping their US t-bonds right now, so they should be a little safer from a dollar collapse. But thats just an example.
First of all, we should never have let the Banks issue our money. Second, we shouldn't have supported dipshit politicians that would bribe people with welfare and supported out of control military spending.
The gold standard is bonkers. Do you want some whacko survivalist to become a millionaire overnight? But really, the only people pushing for a gold standard are the folks selling and trading in gold, and they just say that so you'll buy their over-speculated commodity.
I dont see how this is going to work, i mean the centrals banks own most of the gold in America does it not? can someone explain to me.
allolp 8 hours ago
OOOH, LEONARD GOT ~SO~ OWNED BY PAUL!!
transientdreams 1 day ago
Occupy Earth.
bmw200000 3 days ago
Why is everyone willing to continue to loan us money? Because they have a malicious intent to destroy America by saddling us with debts we can't possibly repay, and they do not believe we will ever have a government with the courage to repudiate the debt and rip off the rest of the world, as we should.
SuperSpaceMaster 5 days ago
....How about this. 1 million dollars paper.... equal to one Somalia shilling. Who the fuck would take papers over gold?
tuck295q 1 week ago
When hyper inflation hits... a million in paper wont buymuch. Took 10million to buy a loaf a bread when all germany did after ww1 is print money. THe exact same shit america has been doing. And every country has been devalueing their currencies becuase of the central banks that just inflate.. thats why gold price has gone up by 10x since 1970
RonPaul2012vote123 1 week ago
The concept of affordability has been ejected. No one asks: "can I afford it." They say "how much debt can I handle." So, yes...inflation has taken off with a twist, which is perpetual debt. Problem is there is no gold. So, maybe 70 years ago, Austrian economics would have worked, but the problem is too big now. Something more drastic is now required.
qigong1001 1 week ago
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@qigong1001 There is gold, because I have a shit load of it in my safe. And whenever I want some more I can go to a thousand different locations to buy it. Not my problem you don't want to get involved in the precious metal business, just one less competing customer. I have almost never asked myself "how much debt can I handle?" That's just stupid! If that really is the mentality of the population then we are beyond fucked, forget investing in silver and gold and invest in guns and bullets!
blotto85 1 day ago
when Stephen Colbert agrees with a politician, you better listen to him
fettfan91 1 week ago
Ron Paul is the same guy -- see "Ron Paul on the American Civil War" video on YouTube -- who claimed that the US government could have simply bought all the slaves and avoided the Civil War. Never mind that there were over $4 billion worth of slaves and the Government's entire budget was just $78 million.
But Paulnuts don't need no stinkin' facts. All that stuff is irrelevant. What is relevant to them is paranoid theories about Jews and lots of spam.
martinw1200 1 week ago
@martinw1200 Every other country in the world who went through a Whites vs Blacks situation like ours bought the slaves, even if it were on a pay-by-year basis. We went to war with ourselves because we were too stubborn to give up the money. It was never right, but men didn't have to die for it. What was that about facts?
willofthephoenix 1 week ago
@martinw1200 news flash...civil war wasn't started over slavery it was one of the issues but not the reason.
ClassAct95 3 days ago
Haha moron paul crying wolf again
spblk9 1 week ago
my right ear is lonely.
vitoat123 1 week ago
Aurum Est Potestas
KidMillions 1 week ago
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RON PAUL - RON PAUL - RON PAUL
RON PAUL - RON PAUL - RON PAUL
RON PAUL - RON PAUL - RON PAUL
RON PAUL - RON PAUL - RON PAUL
REPOST EVERYONE EVERYWHERE!!!!!!!!!!!!!!!!!!!
INFOWARS DOT COM
NEWT, OBAMA, ROMNEY, SANTORUM WORK FOR THE GLOBAL BANKS
NEWT, OBAMA, ROMNEY, SANTORUM WORK FOR THE GLOBAL BANKS
NWOsupportersRdbags 2 weeks ago
1973 $5.00/hr = 2 cars Nice house, and college for your children.
2012 $10.00/hr = broke.
2051 $20.00/hr = destitute.
what changed????
AtomicHoosier 2 weeks ago 3
I absolutely love Colbert, but he was being a total cunt cutting off Dr. Paul.
Sylinic 2 weeks ago
this moron compares a wedding ring to $1000000. what a dumb ass. and this are the fucks running our country
deroatizer 2 weeks ago
that guy from new york time just there to misinform the masses. the dollar is going down as predicted and third world countries currency are going down with it. Dollar is devaluating in America and in third world countries price of dollar are going up. this means that when the American economy blow up so will lots of countries with them. that is why so much not American people need and want someone like ron paul on the head of the American interest
ShidoMusic 2 weeks ago
why is lower prices bad ? doesn't it make products more accessible to more people ?
ShidoMusic 2 weeks ago
@ShidoMusic Presumably, the economy would have to shrink first, which is painful in the short term, but past that, it's all gravy
AliceNchainz011 2 weeks ago
my right ear likes this.
19danflo 2 weeks ago 2
Ron Paul for President!!! Make your Vote Count Americans!!!
MarcusCaporicci 2 weeks ago
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DR.!
RON.!
PAUL.!
Defending the constitution against injustices across America imposed on us by our own government one amendment at a time!
Ron Paul 2012
Vote Or Die
can't stop. Won't Stop...... bad boy baby
bevon17 2 weeks ago
I don't agree with Paul on this one, but boy is he great on other issues, and boy would I like to be related to him. I'd be like "Mom, can we visit uncle Ron next week?" and she'd be like "Sorry, he's very busy taking care of his son Rand these days" and I'd be sad. Goddamn Rand Paul stealing Paul Sr. away from me...
TTV5 2 weeks ago
Mr. Leonhardt is a shyster. "Would you rather have a million dollars in paper money, or an ounce of gold" is a ridiculous question. An ounce of gold, as I type this, is worth 1746 dollars. Though the price of gold steadily rises, it is a result of the devaluation of the dollar. The question is obviously misleading and illogical. Mr. Leonhardt's smugness as he trots out fallacy after fallacy, like some cut-rate magician at a child's birthday party, is disgusting. What a complete charlatan he is.
tacoland2000 2 weeks ago 14
@tacoland2000 ill take the million and buy 572 ounces of gold...... or a shit load of meth
coolbuddykermit 5 days ago
@tacoland2000 I'll take the million dollars, deposit it in the bank and then wire a check to Monex for 560 ounces of gold (which just went up $16 today, Feb 28th 2012!) Just a few month ago when gold was at $1600/oz I could of bought 625 oz for a million dollars and today have a profit of $115,625!!!!! Could of made more with silver, especially when it was in the low $20's back in Dec/Jan!!!! (now at $37/oz)
blotto85 1 day ago
Prices are falling? What a joke. Maybe the prices of financial instuments, like housing and stocks, but that's just an example of how arrogant Mr. Leonhardt is... prices of all commodities are steadily rising faster than people can afford, and the devaluation of the dollar by printing press assures this will continue. And then to say that the world is happy to lend us money to prop up the dollar? Is he completely daft? China's about to drop us like a hot potato and our credit rating just fell!
tacoland2000 2 weeks ago
@MamonMuch how the hell do you know the Fed isn't printing money?? they're not even being AUDITED!!!!! i'll tell you how we came to the conclusion that they are though. INFLATION! it's a real thing dude, look it up. also the fact that countries think of our money as green toilet paper. i think i read that you said you're a eco major or something like that. find out who published your book and endorsed it and most likely be amazed at who's telling you inflation isn't real. :O the big bankers! OMG
luvstosplugeify 2 weeks ago
@Markunator you must be misquoting. Gold and silver has been an international form of currency for almost as long as human existence. it's because of tool bags like you who thinks paper is money that our economy fucking sucks. just because you can print more paper money doesn't mean it will keep the same value. if anything it just shows how worthless it is.
luvstosplugeify 2 weeks ago
@blahbub1 your number is false "fool". NOBODY knows how much gold is in Fort Knox (or other places we are holding gold) because no one has audited it in forever. RP has even brought it up in one of his interviews. don't believe what FOX news tells ya buddy, you're gonna get burnt in the end.
luvstosplugeify 2 weeks ago
ive always asked my self if taxes is a way of the government collecting money and getting rid of by burning it or something to prevent inflation from going even higher. considering the fact that they can print money out of thin air. maybe a way of balancing the moiney
roger8654 3 weeks ago
What Paul was trying to say is that NO government has been able to resist the temptation to print too much fiat money...thus causing inflation (which hurts the poor more than any other group).
jscottupton 3 weeks ago
Ron Paul 2012!!
hehefromhere 3 weeks ago
that fag should be shot.. paper is better oooh.. heeeew..
mobspeak 3 weeks ago
"Our currency is good around the world"...yeah, until its not good anymore cause everybody has tons of this worthless paper stocked in his basement and nobody wants it anymore...what a jerk...
chris99103 3 weeks ago
Lepreconomy?! LOL!
kjakobsen 3 weeks ago
Where are going to get all this gold? Fort Knox only has $250 Billion in gold. It costs more to dig gold out of the ground than what it's worth. Ron Paul is a fucking fool.
blahbub1 3 weeks ago
My left ear enjoyed that.
ExpensiveGun 3 weeks ago
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if u want INTERNATIONAL CURRENT EVENTS in english, that are for some reason ignored by the western media then please visist CHANNELEDKNOWLEDGE:ORG its the news mainstream media ignores..
ChanneledKnowledge 3 weeks ago
Can't eat gold, does he imply I can eat paper?
benyahi 3 weeks ago 28
@benyahi
What about the paper residue on candy buttons? Take that, paulbots!
gorillasocks 2 weeks ago
@benyahi
No, he implies that gold like paper has no real value other than that of acting as a currency. I believe he is wrong. Putting it bluntly, I wouldn't eat a TV either. Unless, of course I was really hungry.
TTV5 3 days ago
@benyahi actually, you can eat gold. It's hypoallergenic. It just doesn't do anything for you.
evangrogers 1 day ago
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Ron Paul would never make it as president..well theoreticaly i guess he could but he'd more then likely be taken out..you know JFK style. They dont want people with real minds to run the country they just want puppets in there. The real people who run this country are the ones who pull them strings, and alot of them people are the same ones who run the Federal reserve.
Ndony478 3 weeks ago in playlist Liked videos
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I'm supporting Paul, but tying currency to Gold is not a smart idea for the US or any major economy. Monetary policy needs to be reigned in and led by an effective fed chairman.
andrewmstew 3 weeks ago
I'm supporting Paul, but tying currency to Gold is not a smart idea for the US or any major economy. Monetary policy needs to be reigned in and led by an effective fed chairman.
andrewmstew 3 weeks ago
My right ear feels lonely.
mrfishsticklover 3 weeks ago
@mrfishsticklover i though i was the only one lol
ofwgswag420 3 weeks ago
it's all good and sweet but in the end of the day... vote for Paul. Man's got some serious gonads.
dafuqbitch 4 weeks ago
the question of $1 million in paper or a gold wedding band is nonsense. of course you can buy much more with the fed notes given such a high quantity compared to a several hundred dollar ring. a better proposition would be $1 million in gold or $1 million in paper. the point of the proposition is to point out the instability of the dollar due to inflation. next time the fed prints money out of thin air the value of that paper goes down. you cant print more gold and bring its value down.
didickcheeseburger 4 weeks ago
@didickcheeseburger
The Fed doenn't, i repeat, DOESN'T print money out of thin air. The money is backed by securities and thereby it retains its value in a closed system economy. The only thing that "printing" money does is increase money supply, thereby lowering interests rates. You are thinking of money as a good, subject to the market forces that set the prices of goods and services (supply and demand).
MamonMuch 3 weeks ago
@MamonMuch
Convince yourself of that shit before you try to convince others.
gigiontube 3 weeks ago
@gigiontube
Please respond only with reasonable arguments and not by appealing to your pride and narcissistic personality. If you cant provide a good argument against my claims then im winning this discussion.
MamonMuch 3 weeks ago
@didickcheeseburger
The Fed does this in order to increase the reserve to loan ratios in financial institutions and have then readjust to their past ratio by lending more money, which, in theory, helps economic growth.
MamonMuch 3 weeks ago
I'd take the 1 million fed notes and use it to buy the most Gold possible while the masses still value paper!
Skad8erateher 4 weeks ago
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GompCelticPL 4 weeks ago
My right ear is lonely.
THEEPICGAMERRALPH 4 weeks ago
The people commenting on here seem to miss several important points:
1. Colbert is making fun of Paul.
2. The economist's logic was much stronger than Paul's. Paul is right about a lot of things, but he doesn't understand macro-economics.
3. Currency doesn't affect housing bubbles or bond prices. Those prices get inflated because everybody started investing in the same thing, went, "hey, its going up", and invested some more. They could have lost $5000 in gold or $5000 in paper. It's irrelevant.
MrRedtubelover 4 weeks ago
@MrRedtubelover Your lack of understanding of economics is amazing. Even if people were engaged in speculative buying, without the Federal Reserve keeping artificially low interest rates there would be no line of credit for people to buy homes with zero-down, negative amortizations, teaser ARMs, etc. therefore there would be no housing bubble. I'm not gonna get into Fannie/Freddie and their responsibility in the crisis.
JJaouli1 4 weeks ago
@JJaouli1 1) Fannie and Freddie made dumb bets and their own stupidity cost everybody.
2) You fail to understand that the price/value of a house, a stock, a chocolate bar, or anything, is simply what people seem willing to pay for it. It doesn't matter if that value is $5 dollars, $5 million dollars, or 500 gold coins; the value is just the supply relative to the demand.
3) I agree that the Fed fucks around too much. It should only be a last resort. They should screw with good times.
MrRedtubelover 4 weeks ago
@MrRedtubelover And there IS inflation, this guy is dumb. Inflation is the increase in the money supply and if commodity prices rise then there IS inflation. Yes, there is SOME deflation in house prices but we should have had massive deflation in housing prices and the stock market but there are CRAZY increases in the CPI with honest calculations, not the Boskin BS calculations. Oil prices have been consistently high, gold prices are high, silver prices, food prices, cotton, etc.
JJaouli1 4 weeks ago
@JJaouli1 4) A little inflation isn't ALWAYS bad. If my cost of living is $35000/year and my salary is $100000/year while my dad's cost of living was $10000/year and his salary was $20000/year, I'm better off today than he was then. Economic growth causes inflation, and that inflation is worth it. Inflation is only dangerous when you let it go out of control. The current US rate is 1.1%. Hyperinflation indeed. I'll start worrying when inflation hits 12% and/or Hillary is president.
MrRedtubelover 4 weeks ago
@MrRedtubelover It's 1.1% according to the bullshit revised inflation models that were created in order to play down the problem.
Shaehl 4 weeks ago
@Shaehl Then what is the proper model, what is the real inflation rate, and how can I be sure that your source is more reliable than a professional economist?
MrRedtubelover 4 weeks ago
@MrRedtubelover First off, economic growth causes DEFLATION. You really think that increased productivity and efficiency results in HIGHER prices? I bet computers and cell phones are so cheap because we are so terribly inefficient at making them as opposed to what the prices were in 1980. secondly, milton friedman said "Inflation is always and everywhere a monetary phenomenon", inflation used to be defined as "an increase in the supply of money".
JJaouli1 4 weeks ago
@MrRedtubelover @MrRedtubelover secondly, if you want a real inflation rate, checkout John Williams of shadowstats, he uses the inflation rate used in the 1970s before we had the boskin commission, hedonics, geometric weighting, etc. and the real rate of inflation is definitely closer to 7-10% than it is to 1.1%. lastly, yes you can stop inflation but what would the interest rate today be then? it would be 10-15% and that would bankrupt the government.
JJaouli1 4 weeks ago
@MrRedtubelover and you need to get ahead of the inflation in order to stop it, you cant just slow down inflation, paul volcker drove the U.S. into the ground with high interest rates in order to stop inflation, the U.S. economy cannot afford that today and we are staring into a future of hyperinflation.
JJaouli1 4 weeks ago
@JJaouli1 That's what people were saying a couple years ago, then inflation rate dropped by over 50% (from an already sustainable level). Same thing in the 90s.
You still haven't answered any of the questions in my previous posts, and you continue to reveal that you are an economic pundit who thinks politically, rather than an economist who could care less about political values.
Does growth cause inflation? Yes. It makes people richer, meaning businesses can sell at higher prices.
MrRedtubelover 4 weeks ago
@MrRedtubelover You calling him an Economic Pundit, but do you hear yourself? Saying the effects of growth causing inflation which in turn makes people richer in which gives them the ability to sell at higher prices.??? The average American is not getting richer because inflation and price increases are happening but INCOME IS NOT INCREASING and new jobs are not being created fast enough!!! Some Economics Major you are
FrankWPromotions 3 weeks ago 2
@FrankWPromotions Pretty sure of yourself for someone who can't read and understand my posts. You're right that we don't have enough job and GDP growth right now, and take a look, inflation is very low as a result. When there is growth, people do become richer. If I'm a businessman and I know my customers are getting richer, I will charge more since I know they can and will pay. Inflation isn't only caused by growth, but growth does cause inflation.
MrRedtubelover 3 weeks ago
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im sorry but anyone who says the fed hasn't destroyed our currency is just another puppet
Geo6125 1 month ago
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Geo6125 1 month ago
Ron Paul is intelligent, smart and makes sense.
HousekaterClaudio 1 month ago
damn Ron Paul is brutal.
He owns people without trying.
hehefromhere 1 month ago
would love to hear them sing the same tune today! Ron paul has been dead on.
Ron Paul 2012.
jesivern1 1 month ago
dave is a dickhead
imtonasty 1 month ago
The silly things that Keynesians don't realize - a true, free market gold standard has its own natural mechanism for counteracting deflation. Deflation, by definition, means that the relative price of the currency increases. So, if anything, deflation would act as a signal for gold currency producers to produce more - thus providing for a natural, rule-based, free market monetary and fiscal stimulus.
objectivistathlete 1 month ago 11
Colbert was actually funny for once. I love how that guy completely said no to the heated economy then agreed to it a minute later
randomuser942464 1 month ago
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RonPaulRonPaul____RonPaulRonPaul____RonPaul____RonPaulRonPaul
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rex669 1 month ago
well we just got downgraded this year so, now countries are less willing to lend us money.. that's because we run on paper money rather than gold/silver/any other precious metal
michiganfan51 1 month ago
@michiganfan51
It's messed up: if a corporate CEO just printed more stock-shares and sold them, then he'd go to jail for ripping off the stockholders; but Uncle Sam can print more dollars carte blanche!
SovereignStatesman 1 month ago
This bird-beaked buffoon Dave Retard is an IDIOT!
No wonder he works for the New York slimes!
YES, people lend the US government money, but they factor in an INFLATION-RISK which drives up interest-rates of the prime lending-rate and lowers stock-prices.
He's pure Keynesian.
SovereignStatesman 1 month ago
@SovereignStatesman intelleigent answer. unlike 945672abc1, what an IDIOT!
combatmma1 1 month ago
@combatmma1
Yeah unfortunately most schools actually teach Keynesian economics-- aka VOODOO!
They assume that all transactions are FIXED like a river, and so you can manage them like hydroelectric dams and reservoirs-- just like the idiots who figured that a goose that lays golden eggs must have a certain amount of gold inside it, and so they BUTCHER it to get it all!
Sound familiar?
SovereignStatesman 1 month ago
@SovereignStatesman they do like to butcher things. next it will be U.S.
combatmma1 1 month ago
@combatmma1
"Next?" Ha, next YEAR will be the 100th anniversary of the Federal Reserve butchering the US!
SovereignStatesman 1 month ago
@SovereignStatesman it's time for US to butcher them.
combatmma1 4 weeks ago
@combatmma1
That's why they are so against Ron Paul winning: they'll be lined up against the wall and SHOT.
SovereignStatesman 4 weeks ago
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SovereignStatesman 1 month ago
As a Canadian observing American politics, I seriously think that Dr. Paul is the way to go. He has common sense and a forward approach that you never see in politicians nowadays! He really seems to get the value of gold. I think I agree with him on this issue. Paper comes and goes. Gold will always be valuable.
Halo1138 1 month ago
@Halo1138
It's not just gold, it's having SOMETHING to back the currency that's in relatively finite supply. It could very well be silver, but it must simply represent a finite quantity of something with a relatively high market exchange-value.
Gold is better than silver now that we can measure its mass more precisely, since it's more valuable and so it weighs less to transport a high value, i.e. a pound of it could buy a car. 10 lbs. could buy a house etc.
SovereignStatesman 1 month ago
Lol need some ice for that burn. classic
The666Account 1 month ago
@The666Account It's ok, he's got a doctor on the line LOL
SovereignStatesman 1 month ago
Yeah, Dave, why don't you do what this man is saying?!
... Yeah, America, why don't you do what this man is saying??
Ron Paul 2012
Texasallstar1 1 month ago
100% gold/silver end the fed
glasshunter4real 1 month ago 18
@glasshunter4real
No, it has to be one or the other since their values fluctuate relative to one another.
Silver was good when we couldn't measure it so precisely, but now we can easily measure it down to the nanogram or less, so gold is better; also we wouldn't be trading real gold, but just certificates; the point is that there could be no inflation if there was no increase to the supply.
SovereignStatesman 1 month ago
@glasshunter4real Don't forget about other metals! Get 100 lbs of copper. You'll thank me later.
Imakeplanesboom 3 weeks ago
@glasshunter4real Are you aware that the gold standard is what destoyed Britain's economy under Winston Churchill? He later on said that it was the biggest mistake of his career.
Markunator 3 weeks ago
Colbert and Stewart should be the mediator in all the GOP debates.
OliverDionela 1 month ago 33
@OliverDionela agreed
biggamepvp 1 month ago
Lol this guy writes for the NYT? He compares US currency to other fiat currencies? He cites the housing bubble bursting as "prices falling"? What a joke.
RonTakeOne 1 month ago 2
Ron Paul 2012
MrEmerye 1 month ago
@blackblades888 That is because they work within our own republic .
cambrosi83 1 month ago
lol @ 3:10
Rootemusbob 1 month ago
Vote for the man with two first names. It's hard not to like him.
Twinhit 1 month ago
@Twinhit certainly better than a frog like animal and a baseball glove
k2stypoint 1 month ago
Which of these two materials would you flush down the toilet? Paper or Gold?
Twinhit 1 month ago
What a good sport Paul. Anyone see Colbert say if he had to choose it would be Paul last week?
revmysleds 1 month ago 2
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Ron Paul has done more for America then any President in my life. He has influenced millions of Americans and so many people who have never cared about politics are now taking his views and running for office at city levels and state levels around the country. Please do not stop by simply voting for Ron. Vote in local elections and get involved. This will bring about real Change.. Feel free to cut and paste if you agree!
30x173mm 1 month ago
Ron Paul has done more for America then any President in my life. He has influenced millions of Americans and so many people who have never cared about politics are now taking his views and running for office at city levels and state levels around the country. Please do not stop by simply voting for Ron. Vote in local elections and get involved. This will bring about real Change.. Feel free to cut and paste if you agree!
jeremy8080 1 month ago 3
I'm RACIST for criticizing Obama.
TERRORIST because I'm not with Bush.
ANTISEMITIC for not supporting Rothschild Zionism.
TEABAGGER for supporting the Constitution.
TRUTH-ER for asking unanswered questions.
TRAITOR for whistle-blowing on my corrupt Government.
CONSPIRACY THEORIST for presenting documented facts.
TROLL for uploading news, videos, quotes and U.S.Atrocities.
ANTI-AMERICAN for supporting Constitutionalists like Dr. Ron Paul.
RON PAUL 2012!
WeThePeopleVStheNWO 1 month ago 3
Wow, thats the dumbest economist I've ever heard.
atrasche1 1 month ago 2
@atrasche1 well the guy say we can live in paper but not in gold <,< if i remember Correctly you can melt gold and form into a house. but paper can burn. i choice gold
jman19mwi 1 month ago
the price of a Angus wrap at McDonald's has gone up 99cents in less than a year how is that not inflation?
headcheesee 1 month ago
the economist says "you can't eat gold you can't live in gold" well then could i eat paper and live in it? man is he stupid. Which would you use as a roof for shelter? a gold roof or paper? hmmmmmmmm lets see, i think i would choose the gold.
ozzy1094 1 month ago 2
#1 method to determine if you just said something stupid is if Ron Paul starts chuckling before you've finished your sentence
skalliavas 1 month ago 4
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WHY RON IS EVEN MORE IN THE RACE THEN THE PROPAGANDA MACHINE REPORTS vs Romney watch?v=nwL5pVZj8SE
RonPaulRonPaul____RonPaulRonPaul____RonPaul____RonPaulRonPaul
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R[̲̅ə̲̅٨̲̅٥̲̅٦̲̅]ution
WeBeItching 1 month ago
People can't afford a house or stocks . That's why they are failing in price. Nobody is buying them. People are spending their money on high price food and gas.
MsBestadvice 1 month ago 2
i used to like the colbert report untill i took an arrow to the knee
dillon560 1 month ago
@dillon560 No lollygagging.
TheVisibleWind 1 month ago
@TheVisibleWind im going to have to ask you to stop that.... shouting its making everybody nervous lol
dillon560 1 month ago
No inflation? Has anybody gone grocery shopping lately? Or tried to buy ammo or fuel? The prices are going up fast. Housing prices are falling because they were inflated in the first place. How were they inflated, you ask? Fast, easy loans made possible by the Federal Reserve System. Well, there is a bit more to it than that, but you get the idea.
AJ7092 1 month ago 2
Mo-Ron Paul 2012!
tr2006x 1 month ago
Why can't I browse the Internet without running into "Mo-Ron Paul 2012"? Who are all these losers who spam the Internet? You, guys, remember me old idiots like Paul who made Jesus a god or brawlers who brought Hitler in power. Do you need a passionate leader? You got him, he's real, an old-squeaky-semi-literate-moronic fool named "Mo-Ron Paul 2012" :))) What is his surname, "2012"?
tr2006x 1 month ago
wow what a bunch of BS that other guy spewed
tehdouglas1 1 month ago
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Xolso 1 month ago
There's one thing about Ron Paul I like even more than his exceptional policies and his honesty, and it's that HE ISN'T even in power yet and I see American's, Canadian's and the rest of the world for once in my young existence, ACTUALLY AGREEING on something. Ron Paul 2012/one race, humanity. Love: Canada.
Lettheworldburn4real 1 month ago 45
@Lettheworldburn4real ... your fucking stupid and if we use gold as new currency guess what your currency will be what? SHIT
945672abc1 1 month ago
@945672abc1
It IS shit!
If we backed it with gold, the currency would be as GOOD as gold!
SovereignStatesman 1 month ago 3
@Lettheworldburn4real You do realize the internet isn't a proper representative of the people, right?
AbyssCrown 1 month ago
@AbyssCrown I see, well what would you offer as an alternative to the internet? as a more ''proper'' representation, I'm open to suggestions.
Lettheworldburn4real 1 month ago
@Lettheworldburn4real Going out and talking to people. Considering Ron Paul is polling at around 12-16% nationally, yet everyone and their mom supposedly is supporting Ron Paul online, yeah, it's not a proper representation. Given that, I doubt most of his online supporters are eligible to vote.
AbyssCrown 1 month ago
@Lettheworldburn4real
Why the mainstream media, of course, the self-appointed dictators of what people SHOULD hear!
SovereignStatesman 1 month ago
If it weren't for the economics behind solid money (gold) none of us would be here because our grandparents wouldn't have survived. Do you think the people behind mapping the world and establishing new colonies were looking for paper or gold? Duhh? Paper is for fools and tyrants. If gold wasn't important why does the US spend Trillions in paper $ defending the gold with vast armies, high security, and thousands of laws?
altgeldrarities 1 month ago
Ron paul is a good sport and admirable leader. 2012 Ron Paul for president so we can save the USA before it repeats the fate of ancient Rome .
cambrosi83 1 month ago 3
@cambrosi83 I don't see any Visigoths...
BlackBlades888 1 month ago
If we return to a gold standard then they better make a law to make sure that the banks don't pretend they have gold when they don't, that is why it cashed, if they can guarantee and keep good records on the gold it can and will work, but the banks do things in secret with the FED and the congress won't touch it with a ten foot pole, and you know why... that is why we need Ron Paul, OH MY GOD A REAL HONEST MAN!! totally unheard of in this greed filled world they just don't know how to handle it
harryflocyberman 1 month ago
Inflation if not regulated leads to deflation, we need a stable economy, and printed money backed by nothing does not equate to stability, that is why the FED is always trying to balance the equation but in reality with no jobs or product we live in a artificial economy governed by the elite when it should have been the free markets NOT the FED NOT GOVERNMENT deciding what our economy is going to be, the meddling of these powers only causes more chaos and disintegration, we need sound currency.
harryflocyberman 1 month ago
He does tend to poke fun at everyone, yet more so on Republicans. Shit I would too, the idiot stuff republicans say gives this guy the material to have a show on comedy central everyday and get paid. And I can tell you one other thing, he gets paid with paper money, not gold.
matser08 1 month ago
For the many morons parking their tents around here: Stephen Colbert is poking fun at this old fool. If you don't get that, you are not mentally fit to vote.
tr2006x 1 month ago
@tr2006x You sir, don't understand Colbert well enough to know what he is poking fun at. Colbert is one of the greatest political comedians of our time. He gets people thinking about real issues through satire. He's fucking brilliant.
LeoBaoig 1 month ago 2
@tr2006x no he clear making fun of the paper guy. them people keep lying and use pretend money we don't have
jman19mwi 1 month ago
@jman19mwi He's making fun of the mummy guy :)
MoRon Paul 2012!
tr2006x 1 month ago
@tr2006x when you say you cant live in gold he soo wrong. you can live in gold just need to melt form in a house lol
jman19mwi 1 month ago
Who fears Mo-Ron Paul? He is almost dead!
tr2006x 1 month ago
Mo-Ron Paul can eat paper, but he likes more gold more. He has fantastic teeth... created by a burning bush.
This add is approved by the one laughed at by all economists (economists are people who know something about economy).
tr2006x 1 month ago
Can't eat gold? Can he eat paper?
CabhanListis 1 month ago
like really what the other buy said .... people respect the dollar around the world ... what a joke ... i do follow some news ... and up till not to long ago ... the dollar has been falling on the European market ... the only reason its been going up is because of EURO CUP 2012 the biggest sport on the earth ..... NOT BECAUSE THE DOLLAR IS STRONG !!!!!!!!!!
pawelpela 1 month ago
@pawelpela ... foot ball ... or usa as we know it .. soccer
pawelpela 1 month ago
My left ear enjoyed this.
humanvegetable 1 month ago 70
@humanvegetable My right ear is jealous.
eviltube1111 1 month ago
@humanvegetable I'm deaf on my left ear. I did not enjoy this.
Visfen 1 month ago
@humanvegetable is that why I don't hear anything? my left headphone is broken... :(
justonewc 1 month ago 2
Did he say something along the lines of, "The nations are always willing to lend money to the US?" Did I hear that right? Our currency is good? Isn't the exchange rate from dollar to pound shit? And yen? You have to pay a crap ton just to get around? Maybe I'm hitting all the wrong spots, but I hardly think our dollar is good. Personally, perhaps they lend us so much money so we can be in so much debt that sooner or later, they'll hold that against the US. Until you pay it back, you're my bitch.
pukakalain 1 month ago
No sound from right speaker on this video
Ezekial88 1 month ago
Ron Paul appeals to libertardians with idealist mindsets.
Task5003 1 month ago
@Task5003 VERY nice argument BRAVO! Probably one of the best I've seen so far during a presidential election period. Most people just write something long and boring with dull things like facts and logic, but you are TO-THE-POINT! No messing around, you weaved your way strategically through a range of topics and continuously made points that even people like Ron Paul himself would have trouble debating against. I'm sure you've convinced hundreds, maybe even thousands of people with your comment!
eviltube1111 1 month ago
@eviltube1111 Pffft, thousands? MILLIONS, at least.
Task5003 1 month ago
Paul 2012
Restore our constitutional republic.
If not we may have to put our congress in check....
mangrumjosh 1 month ago
If the dollar collapses than we're screwed. And that is that. They'll have to rush something out to replace it, but throw up a martial law police state to control the madness.
But you'll see that the price of gold will drop because the speculators are just trying to milk people right now.
The banksters that run the world are NOT going to a gold standard, that would screw up their whole NWO game.
If they do then I guarantee you that they will sieze your gold.
The rich stay rich.
lazer1million 1 month ago
@lazer1million so you want to live with paper that tell the lie say they have money but they really dont. the big reason we cant print money it destory the value of the dollar to point just be paper not worth nothing. can will allway have Value. the big reason people scare to change is because it eaiser to lie then tell the truth
jman19mwi 1 month ago
The fools selling gold are the ones fear mongering that everything is going to collapse. Sure, the dollar might collapse. But if that happens then the value of the gold you bought, or thought you bought if it's only electronic/paper stock, will deflate.
If the dollar starts to drop, find a stronger currency and buy into that. Like Chinese renminbi. I think the Chinese are dumping their US t-bonds right now, so they should be a little safer from a dollar collapse. But thats just an example.
lazer1million 1 month ago
First of all, we should never have let the Banks issue our money. Second, we shouldn't have supported dipshit politicians that would bribe people with welfare and supported out of control military spending.
The gold standard is bonkers. Do you want some whacko survivalist to become a millionaire overnight? But really, the only people pushing for a gold standard are the folks selling and trading in gold, and they just say that so you'll buy their over-speculated commodity.
lazer1million 1 month ago