THE FED DID IT!!! Ron Paul & Peter Schiff Were Right!!!

This expertly made video from the Campaign for Liberty very artfully shows the state of our economic crisis. Here we can see that these two brave individuals have stood by their principals and covictions even when at odds with popular belief. their advice is simple, and based on common sense.

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[littlebabeedtcom]

and this was made in 2009???!!! wtf is wrong with american people. There are more views on Justin Bieber and Lady Gagas's penis then on the fact America is going down the sh* hole.

[YTjasperchannel]

geeez only 33700 views in 2 and a half years..... obviously people just really don't know how bad things are otherwise there would be atleast a million views on all these types videos and they would all be American viewers!!! and im an aussie!!!

[LibertyMike1]

Send this video viral! Could help Ron Paul out in the 2012 elections.

[johnnycmajor]

We have become exactly what our fathers and mothers in uniform then gave their lives to oppose. The establishment’s approved and sanctified political spectrum -- stretching from Mitt Romney to Barack Obama -- advocates fascism.

[johnnycmajor]

@ElJefer Your head must be full of marbles I cannot think of any other reason see a doctor, wait just ask Dr. Paul.

[johnnycmajor]

@littlebabeedtcom of course we are all sheeples. Obama signs our death warrant, NDAA commits  treason right before our eyes, everybody is still watching reach for the fucking stars. Well we may be flying for the stars when the nukes are cramming up our ass's.

[tjtomkins]

@tjtomkins

The second part of the puzzle is the "fractional-reserve-banking" which is the biggest cause of inflationary expansion of credit during "boom" as it allows banks to create so much credit that they overlend & as some of the bad-borrowers start to default & a couple of banks collapse, it causes others to panic & cut lending drastically which causes the moneysupply to shrink & the inevitable recession follows - (4)

[tjtomkins]

@tjtomkins

Further, this begs the question as to why economy enters recessions every so many years! Which is the crux of the matter. It's because government/central-banks manipulate interest-rate with their ability to "create money" rather than allowing markets to determine it; if left on their own, interest-rates would automatically go down as people save more (higher availability of lendable money) & increase when people are saving less & hence booms & busts won't happen (3)

[tjtomkins]

@tjtomkins

Governments, for most part, are vehicles for transfer of wealth in the economy from more productive people to less productive & unproductive ones. Yes, you're right about cutting taxes but that begs questions as to why they were so high in the first place? Why should government be able to STEAL money from productive people? If the money was left untaxed then that would have the economy in a better shape anyway as productive people would re-invest whatever they've earned (2)

[tjtomkins]

@amerlibmov

It has to be understood that the educational systems are mostly owned & controlled by the government & big banks that finance election-campaigns so they've every incentive to peddle material that enhances there position so taking a course in macroeconomics CAN'T be a substitute for using our OWN BRAINS & REASON.

Anyways, governments can only suck productivity out of the economy, if they could "create jobs" then communism/socialism wouldn't fail so miserably - (1)