Peter Schiff on Dubai World and Ben Bernanke
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Uploaded by Scoforever on Nov 30, 2009
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Top Comments
All Comments (33)
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Straw Poll Vote going on now. Vote now Ron Paul to run 2012. We really need this man!
Vote Up!!
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great work man!
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I LOVE THE BOSTON RED SOX!!!
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Ben.Pucker up and give the Prz a big kiss on the ass.You work for him not the American people do you?
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The value of gold and silver as an industrial metal can be more or less ignored. When people are given the choise for a currency they often choose something that the can produce themselves, grain, tobacco, etc (even hair!). Gold and silver has al through history mostly been the choice of the ruling class! people dont understand exactly how valuable gold is. You cannot today make a daily purchase with an oz of gold. If you have an oz of silver you also get much more then you need for a day.
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it's exactly the same as "potential" versus "kinetic" energy...fiat currency moreso than precious metals, because metals have intrinsic value based on industrial applications.
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I whole heartedly agree with you.
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that is ridiculous logic .
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yousef1426 2 years ago 11
Taking the monopoly over monetary policy away from the fed would DEMOCRATIZE our monetary policy. When the fed rants about "politicizing" monetary policy, they really are concerned about losing their monopoly.
herbs814 2 years ago 4