Ron Paul Asks Ben Bernanke What Real Money Is?

The world stopped spinning for 3 seconds waiting for Ben's answer to Dr Paul's question.

Category:

News & Politics

Tags:

• Ron
• Paul
• Ben
• Bernanke
• Gold
• Silver
• Money

[Michaelwiseguy]

4:26



[hairbandfan1967]

Why can he not put this into his commercials as he is running for president? This not only shows the public how much he fights for Americans but also shows how the political elite has pulled the wool over the eyes of the middle class, or what little middle class is left.

[sweetxkhaos]

@Michaelwiseguy

You are also wrong. Gold goes up in value. The amount of the money SHOULD BE TIED TO THE VALUE OF THE AMOUNT OF GOLD THE COUNTRY POSESSES. That doesn't mean a country as $200,000,000 ONLY for the rest of its lifetime. That means the country has some amount of gold (the USA has ~260 million ounces within its boarders), and the amount of money in the economy is tied to the value of that gold.

This creates sound money, something Ron Paul is looking to restore.

[Michaelwiseguy]

@sweetxkhaos A loaf of bread would cost ten cents with a gold standard.

[sweetxkhaos]

@Robbeii

Gold is not money in the sense you're thinking of it in. Saying gold is the only legal tender means that the amount of money circulating in the economy is tied to the amount of gold a country possesses. It doesn't mean that people will walk around with slivers of gold buying Big Macs with them.

[Robbeii]

@beggarz You do have to realize that not only gold is money. Gold is only money for the rich due to the high value of the commodity. If gold was the only standard money you would end up in the same situation as today where the rich owns the lifes of the poor indirectly. You should include cheaper metal aswell such as silver, copper and brass.

[beggarz]

Yea, they got all the fake money back, after the crooks they 'lent' it to spin it into 10 times the value that was fake in the first place.

This is a mass counterfeiting scheme!! Gold has been a currency for thousands of years, and in fact ALL fiat currencies owe their credibility to the now defunct gold standard that gave these imaginary paper systems their value in the first place.

Gold is what made our currencies 'money' in the first place!!!

IF GOLD ISN'T MONEY, THEN WHAT IS?!?!?

[savagegalt]

F--- THE CENTRAL BANKS END THE FED END THE PRIVATE FED RESERVE BANK NOW END THE FED END FRACTIONAL RESERVE LENDING / AKA - FRAUD!!!! F--- THE BANKSTERS!!! F--- THE BANKSTERS GOLD & SILVER NOW!! NO MORE F---ING DOLLARS!!! F--- THE FIAT!!! CHANGE ALL YOUR DOLLARS INTO SILVER!!

[savagegalt]

WE HAVE GOTTEN ALL THE MONEY BACK

- JUST NOT 8X

THE MONEY

THAT CAME INTO EXISTENCE

THROUGH

FRACTIONAL RESERVE LENDING!!!

F--- YOU! LIAR - FRACTIONAL RESERVE LENDING = 9X!!!!

[truthmouthpiece2]

@twin1010101010 he must be since for 1 minute 3'19- 4'10 he says the same thing of what common sense is telling every sane mind on earth, and the opposite of what happened in reality during the last 20 years but for more recent events the last 5 years