Ron Paul vs. Ben Bernanke (7.21.09)
Uploader Comments (RileyE104)
Top Comments
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End the Federal Reserve NOW !!!!!!!!!!!!!!!!!!!
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END THE FED
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All Comments (69)
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@hailtotheking324 Well...you need to take a lesson in some basic economics...consider the following. If we print 100 tickets. and we have 100 quarters to back those tickets. And we promise that each ticket is worth a quarter right? But if we keep printing more and more tickets..what happens? It's a simplistic explanation but gives an illustration nonetheless. Hope that helps. for the first time, in the past 12 mos, the Canadian dollar was worth more than the US dollar.
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@dotaliens yes..it's called a fiat currency.
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@browntown012 Spoken like a true sheep.
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@KevinHarlan Fed = Printing of More Money = Inflation = Rise of Prices = Worthless Dollar
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i dont see any reason why the value of our doller has ever gone down..if it is fairly backed by gold how does it lose value? its a simple question and it leads me to believe that it is all bullshit..there is no way that the central banks of the world and the world banks dont manipulate the values. A sandwhich should still be 5 cents not $7.50
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@browntown012 considering where we are at..........It is prime time to question his decisions....
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"they" are bought "they" have no choice they give us the illusion that we get to pick the chairmen but "they" control who is in that seat. the fed owns USA they control the money supply you think "they" would have the power to decide who is in charge.
Ending the Fed with cause all your dollars to be worthless, so be careful what you wish for.
KevinHarlan 1 year ago
@KevinHarlan They will eventually be worthless. It's an inevitability. All fiat currencies come to an end sometime, so your fear-mongering is pointless.
Aside from that fact, those that are wise and chose to put their dollars in actual MONEY will not be affected like those who don't know about the tsunami that's going to take them under.
RileyE104 1 year ago 4
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Berneke is the MIT-educated economist. He knows what he is talking about. I wouldn't question his decisions, especially at a time like this
browntown012 2 years ago
@browntown012 -
lol
RileyE104 2 years ago
This comment has received too many negative votes show
I'm against Ron Paul because he believes America caused 9/11. Utter bullshit and I can't trust a man this misguided.
palmtreedoc 2 years ago
Even today, our government has continuously supported and thrown money to dictators who cheat elections, do horrible things to their people, etc. as long as they do what we say, especially in the Middle East. Countries who don't bow to our wants end up like Venezuela or Cuba or Saddam Hussein. Because of this, hatred and terrorism directed toward our country is manifested and carried out. How can you expect this not to happen with a foreign policy like that?
RileyE104 2 years ago 2