Ron Paul Assaults Ben Bernanke On Parallel Currencies

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[415Dub]

You don't understand economics. Everything he is saying is backed up by research and fact. Do you realize why prices for everything and the costs of living is always rising? Everything is always more expensive? That is because the government can just print endless dollar bills to pay for wars, corporate bailouts, and other stupid shit. When you print money, the value of money becomes less. That affects poor people the MOST because it makes everything thing you need so expensive.

[ericlord821]

Ron Paul predicted a great depression when Obama signed off on the Stimulus Package. It's on Youtube. Krugman didn't believe everything was fine. He actually advised the president to make the Stimulus Package three times bigger because he believed that was how serious our recession was going to be.  He and Stiglitz both considered the president's plan as a step in the right direction, but it doesn't come near enough to solving the problem. That's on Youtube too.

[jasrobsny]

"People who stick it in the mattress" is a derogatory term for responsible people who save money to do business or live instead of incur debt and be a slave. Inflation actually benefits people who have debt and reduces the value of the total owed over time which suits the bankers. Bankers love the FED and inflation because it coerces and extorts everyone to go into debt and be their slaves.

[Goontrader2]

What is the real reson the FED is making the economy worse?

Im assuming, you are in the camp that wishes the FED had not expanded its balance sheet from 2008 to current?

*Before you answer, please be advised that the fed has made Billions in profits from the disposition of private assets from the balance sheet.

[Runswithscissors111]

Unfortunately, the "too big to fail" phenomenon did not stem from a complete free market, but years of interventionist government policy. This in turn forces the government to cough up packages to bail them out, lest risk the bank going through a chapter 11 which would destroy the livelihoods of millions.

[CalvinSomething]

No. Stimulus packages only avoid free market corrections. When we continually avoid the necessary corrections we just make a depression more inevitable and worse.

[Runswithscissors111]

Man I hate when people inform themselves on YouTube alone. There is no Great Depression, that was a historical event, you must mean depression. The Stiumulus package was a necessary act, otherwise financial collapse THEN a depression could have occurred.

[Sylvan Code]

Take America Back: change.org/petitions/congress-­pass-the-congressional-reform-­act-of-2012-4

[415Dub]

Deflation can be good. We had several periods of deflation in the 1800s and had an industrial revolution. It can be bad too...

[Retrofanatic10]

Thank you so much! These morons don't know the real reason why the FED is making the economy worse , and you nailed it. I wish we had more people who actually researched this very important stuff like you and Mr.Ron Paul.