Federal Reserve, Inflation, and the Dollar Crisis in 60 secs

This one minute video quotes Ben Bernanke when he stated that the federal reserve was responsible for the Great Depression, and then video attempts to graphically explain how the Fed creates economic hardship and how high inflation and dollar crisis might be upon us.

Anyone wanting to append this brief inflation/economics tutorial can download and incorporate this video into their productions by downloading the movie from here:

http://www.geocities.com/spencerhayek/fed2.wmv


I would like to see Ron's ads focus more on his economic policy.


Every Ron Paul supporter/American should understand the simple relationship between money supply and prices and how our central banking system is the root of most of our economic problems.

It is this easy. The fed creates money out of thin air using computers. Then this money is traded for real wealth from the private sector. Leaving the private sector with less wealth and more money, changing the ratio of money to wealth, which reflects itself in higher prices. The wealth that is stolen from private sector via this trade goes to implement our politicians well intentioned yet disastrous ideologies, welfare, stupid wars, countless unneeded departments....

Just because the entire economics establishment believes in FED does not mean they are right. Communist Russia had plenty of economists who believed in their communist ideas yet they were wrong. Same applies to USA's mainstream economics establishment and press.

Category:

News & Politics

Tags:

• ron
• paul
• economics
• federal
• reserve

[polygamous1]

sure But Wilson regreted it badly when he realised what he did THE MONEY MASTERS Brilliant If a country does Not oen it central bank n prints its own money based on gold or silver n its not under gov control its like u n i guys printing money at will work all u can u can Never earn what i can print

[polygamous1]

THE MONEY MASTERS, will esplain all u need to know n more the FED was voted in by 2 bribed congressmen 23rd Dec 1913 when all congressmen went home for Xmas US gov out 20M to start the Fed bankers Can loan 10X what they have the FED directors "loaned" themself 200M n "bought 90% with FA the start of the greatest deception in human history commited against my country My ppl president Wilson the Only reason USA is roke FA else how can the USA with So much industry be broke otherwise?

[UponInfinity]

@deficithawker Yeah, guess what, real wages have been steady for the last thirty years, while the super rich have realized phenomenal wealth. What happened thirty years ago? Oh, that's right, we went off the gold standard. Who benefited? The super rich. Inflation just means things are becoming more expensive, but you don't necessarily realize a raise in pay. Yet things cost more, anyway. YOU are an idiot.

[MegaTom1423]

@deficithawker Why is inflation good? it is the lost of buying power of a dollar. have you ever thought about Germany's inflation of its dollar during the 1920's. They sweeped their money of the streets because was worth nothing, it toook a wheel barel full of money to buy a loaf of bread. How does that benifit any country and its people?

[blaziermissy]

@deficithawker lol...we were born into this system...it's all we know. And until you realize how 'stupid' it is to keep a artifact like this in place due to traditionalized notions of subservience and culture, only then can you begin to see how jacked it is. This socio-economic system is a big parasitic structure. We now have the means to create abundance and end this sick display and calling it 'civilized.'

[frankiegmh]

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[george2648]

RON PAUL 2012 our last hope

[alecfromelatvia]

Well done! At least you admit. In Europe it is politically incorrect to say the truth :( In da US as I understand level of education wouldn't allow for many Yanks to think Logicaly, Consistantly, aplying Facts Analisis, Cause and Consequence to resulting in final definition, that Modern Capitalism ain't gone any better since Karl Marks. It is ugly conglomerat of Power and Greed. Having very little to do that poverty actually can be made a history. In fact nobody cares!

[ajhumour]

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