Ron Paul Schools Ben Bernanke Yet Again on Currency Devaluation 2-27-08

throw ben bernanke down the well

I can buy a 2 liter soda for 89 cents... in hyperinflation circumstances it would take me bags and bags of dollars to buy that same 2 liter soda... come on now man... use common sense

Hyperinflation: inflation that is very high or "out of control", a condition in which prices increase rapidly as a currency loses its value.[1] Definitions used by the media vary from a cumulative inflation rate over three years approaching 100% to "inflation exceeding 50% a month."

The US average inflation since 2008 has been 4.2%... tell me how in the world we are even remotely near hyperinflation...
The US. dollar is the most used currency in the world, even more than the Euro...

dude, search 'John Williams: Prepare For The Hyperinflationary Great Depression'. thats just one recent article of many u could read. i dont know what economy your paying attention to or which planet it is on, but this one is going down!

and to not recognize the usd is about to go bye-bye shows your ignorance to this situation. regardless of the way you talk. even bernake himself has said theyre looking at other alternatives. they are trying to kill it. its blatant!!

@thatstheguy07 I just read that article, and i cant find any basis for that information, then i googled John Williams and the guy sounds legit..

Im gonna do more research on it though it sounds interesting what he has to say

hahaha yo that was funny you got me there

Its like getting a cut on your leg, yeah youre body can heal on its own, but you should put on a bandage to stop it from getting worse...

what im saying is that no major country has complete lassei faire economy for a reason... the market could regulate its self, there is no doubt about that... but then how do you stop a deflationary spiral? how do you stop inflation when the government is operating way past full employment? yes the market can regulate it... but many more people will have to suffer the cost of it and it will take longer..

your making something very simple, quite intricite. they create money out of thin air, and then lend it to the us treasury, thus ensuring the perpetual debt that is impossible to ever pay off in a million yrs. its a scam. the fed is private. understand this.

It should be private and away from poilitical corruption when it comes time to make hard decisions.. The FED doesnt just buy securities, it sells them too, giving money back depending on whether the money growth needs to increase or decrease... come on man learn some economics before you start talking trash like this...