Ron Paul and Ben Bernanke on Fox Business News
Uploader Comments (robpatozz)
Top Comments
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seriously Ron Paul is who we gotta be listening to!
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Timely! Good upload.
All Comments (24)
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That Fox Team Just got Studentized
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Yeah, his foreign policy sucks if you are a Nazi Fascist. But what does it matter? Americans are apathetic, so nothing will ever get done. Everyone just sits back and complains.
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what essentially is happening here is that THEY bought this crap at too high a price and too much THEY thru thier own inflation have inflated (devalued the dollar) and now they want us to Pay Them what they paid for this crap as if we took that risk however they also profited the most from the inflation and then would lose nothing as they sell after being bailed out a win win for them lose lose for every american as the currenty again would be devalued
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what hes saying is that at one time 1 dollar bill = a specific amount of gold till at one point possesion of gold bullion was illegalized thus changeing the print on the dollar from redemable in gold to LEGAL tender what do you equate that with is the idea of the legality of this money you trust that if no more dollars are printed you may exchange this tender at a set rate however as more money is printed by some guy whenever he wants how do you link that to a tangible amount
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the real issue is also if you have a foriegn currency that has a stable currency and i take my dollars to you and say i want to exchange them 1 for 1 and then buy some of your new cars with that money but thiers a guy behind me printing this money as i speak how legal or trustworthy is it for you to give me that car yes as dollars are printed trust in our currency is very much lost since thier is no gaurentee to redeem your dollars into stable gold it becomes illegitament tender
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what ron paul trying to say is money is created in thin air. no backing what so ever. no wonder we lost $1 trillion on monday trading just like that. so our money is just printed face value.
so base on the printed money the united states itself worth some $88 trillions but our real backing of gold from fort knox and oil reserve are much less, about $10 trillions. so the united states wealth is based mostly on equity.
ron paul is a thinker. pretty good
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amen brutha!!!! this guy paul knows what he is talking about! why didn't repubs get him on ticket? hmmmmmm maybe because incompetent repubs had alot to do with deregulating the banking industry which has led us to this dire situation. as well as terrible foreign policy management. paul represents the true great repub party of Lincoln and Eisenhower.
As I am watching the debate, I am continually reminded that these CFR criminals are just that, Criminals. These Washington and wall street thieves are lying, and using fear mongering to push their unconstitutional SOCIALIST bailout. WAKE UP AMERICA. McCain and Obama are both CFR. Do your homework!!! Enough is enough THE FEDERAL RESERVE IS AN UNCONSTITUTIONAL PRIVATE BANKING CARTEL. WAKE THE F#@$ UP!!! FANNIE AND FREDDY WAS A BAILOUT OF THE CFR WALL STREET JUNKIES AND COMMUNIST CHINA. WAKE UP!!!!
robpatozz 3 years ago