Ron Paul Explains to Keynesian Economics Professor Why Inflation is Bad

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Uploaded by on Mar 25, 2010

http://www.RonPaul.com - 03/25/2010

At today's House Financial Services Committee hearing Ron Paul asked Laurence Ball, Larry Meyer, Marvin Goodspeed and John Taylor about inflation, the government's role in the value of money, and the Federal Reserve's monetization of debt.




Ron Paul is America's leading voice for limited constitutional government, low taxes, free markets, and a return to sound monetary policies.

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  • Dr. Ball (the first respondent) was one of my professors in college. Hearing his answer brings me back to his lectures and makes me realize that I learned nothing good about economics in college.

  • What research? Over what periods? Corroborated with what evidence?

    Dr. Paul always backs his policy with historical precedent as fact.

    That's why Keynesians, Socialists, and Communists hate him.

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  • Ron Paul can't explain inflation to an economist any more than an amateur astronomer can explain to NASA why Planet X is coming into our solar system this year. In other words they can idiotically rant with specific code words, but neither will be near the truth, and the only people that will believe them will be paranoid idiots. In reality Paul has been saying for over 30 years that we are in hyperinflation; inflation is lower now than when he started.

    Talk about bankrupt theories.

  • lol Dr. Ball looks a bit like Ben Bernanke in a way

  • @BlindMaphisto He didn't. Keynesian economics is intellectually bankrupt. It's there to provide a cover for the government and the big corporations to rob people through inflationary spending.

  • @LibertyMike1 This professors aren''t there to educate. They are there to propagadize for the banking industry and the government. They intellectually back bailout economics, the military industrial complex, and government subsidies of big corporations. All under the guise of "creating employment" they destroy the American peoples savings through inflation

  • New Zealand for RON PAUL!!! Dam i wish we had a PM like him

  • The education system and the media systems are owned and operated by and for the God damn bankers, so ofcourse what Ron Paul is saying is not in any mainstream publication.

    None of Al Capone's clubs, were down on the Mafia.

    So too with the God damn bankers.

  • Somebody explain what those two guys said. The only thing I know about the fed is what I can remember from Hazlitt's book.

  • @Rensune You forgot corporates.

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