Ron Paul - The End of Capitalism? www.campaignforliberty.com
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Money didn't "vanish" during the great depression, someone had it, and it wasn't the people.
Bankers are the problem. Interest is the problem. Money starting in the hands of the rich, and "trickling down" is the problem. Money holding no value, is the problem. Money needs to be backed by something, and if not precious metal, then production, by starting it in the hands of the people who produce, the working class.
Bankers manipulate economies. Accidents don't happen on that scale.
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There is nothing socialist about the fed. The fed is self serving. It seems the vast majority of people in this country know nothing about socialism. This country was founded on change, and the idea that they could escape the tyranny of centralized banking, and they did, even if only for a few years.
Capitalism isn't meant to last forever, and the fed just accelerates it's demise. I like Mr Paul, but he is definitely short sighted with his "Ideal capitalism."...
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1:12 Perhaps...but by that logic, the world never has experienced real communism either...
On a finite planet with finite resources... totally free markets wont bring the species into the "Star Trek era ", and that's a certainty.
I like Ron Paul and respect him because well,he's not a fucking retard like the guy in power... thats for sure but he's an ideologue and his "Ideal Capitalism" scenario sure does intrigue me but its not like speculation, greed and corruption wouldnt "perversify" it..
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The caused of the Depression was the intervention from the government! Remember, the FED was passed into laws on 1913!
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YOU'VE HIT IT ON THE NOSE. 700B WAS HIJACKED 10/10/08 TO BUY BANK STOCK----BUYING FORECLOSED MORTGAGES, HELPING JOESMALLBUSINESSOWNER IS OFF THE TABLE. BANKS DON'T HAVE TO DO ANYTHING, THIS IS NONVOTING STOCK, ZERO LEVERAGE.
$250K fdic guarenteed by banks led to the single largest movement of funds out of MARKET in the history of business cycleS.
THAT ALONE, with the loss of the $700B where it would be helpful IS INSANE.
IF YOU'RE DOING SOCIALISM, JESUS AT LEAST DO THAT RIGHT!
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What a jackass you are. Like race has anything to do with economics you idiot.
You are nothing but a racist.
by the way idiot, 9/11 was an inside job done by fascist neocons and racist zionists.
you really are a brainwashed idiot.
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He doesn't understand the Depression.
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I dont understand why this great country USA is been left to be destroyed left right center by sick NAZI socialist control freaks and sick liberal JIHADists. They are the ones responsible for todays economic crisis, they are the ones who rised this ARAB not black muslim to be presidential candidate,to destroy american economy and destroy the west, and Obama is pro abortionist ofcourse he is because he does not want american babies to be born!
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We have not had a free market in over 95 years. The Federal Reserve was a Socialist overthrow of our monetary system. After 16 years of massive inflation the markets crashed. It was Government intervention in an area where they did not Constitutionally belong. Then came the wage and price controls of the 30s aka government control of capital witch happens to be one of the pillars of Communism. At that point we had a relative gold standard but that ended in 71. Since then its all been downhill.
therealkroysc 3 years ago 3