Ron Paul vs Ben Bernanke - Monetary Inflation - 11.08.07
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@Silicondoc @maryflny Furthermore, not all inflation is bad. A consistent inflation rate of <2% is actually healthy for the economy, as it drives consumption. Ours has been hovering in the ballpark of around 2-2.5%, even with the printing of trillions of dollars. Ron Paul is absolutely right about many things and light years better than any other GOP candidate, but he's wrong about the Fed. It needs to be regulated more (secret bailouts aren't cool) but getting rid of it would be a disaster.
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@Silicondoc @maryflny "A weaker dollar hurts Americans on foreign money markets" actually says what both of you did. When the dollar is weak imported goods and vacations abroad are more expensive for Americans. However, conversely, American goods can be sold more cheaply abroad, which helps American manufacturers. Now you tell me which is better for our economy, a more expensive vacation for you or an increased demand for American products, which leads to the demand for more jobs.
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@brandinho4soccer YOU'RE AN IDIOT. " the effect it has on their buying power is it makes foreign goods more expensive" BEN BERNAKE That's us cit with us dollars buying WALMART - YOU STUPID FUCK. Since so much is made overseas, BERNAKE just shoved the gignatic chinko sneaker in his yapper and YOU FAILED TO NOTICE.
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@Silicondoc @Silicondoc The quote in my comment were taken from a prior posting. If you would have read a few comments prior to my posting, you would know that my response was to BRANDINHO4SOCCER. I am WELL aware of the lies and games of this government, which is why I SUPPORT RON PAUL.
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@Silicondoc The quote in my comment were taken from a prior posting. If you would have read a few comments prior to my posting, you would know that my response was to BRANDINHO4SOCCER. I am WELL aware of the lies and games of this government, which is why I SUPPORT RON PAUL.
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@maryflny Umm.. he said "if you're buying foreign products" - so that's like way way way worse than what you thought you heard - because that is all anyone can buy is foreign products...
They LIE on CPI so they don't have to raise soc sec and all the pensions tied to it - and to keep printing like mad monkeys and stealing and pretending they are clean.... It's out of control because computers allow them to massively manipulate with plug in floating balloon runs. FUCK EM FOREVER
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Immediately after Ben Bernanke was driven by limo to his mansion made out of gold.
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"a weaker dollar only hurts consumers on foreign money markets???" i'm guessing you are not an American living in the United States. it would explain your misunderstanding and disconnect with reality... i think you should take a listen to the video on inflation where Bernake agrees with Dr. Ron Paul that inflation is a tax...
Wow Ron Kicked his ass! :D KEEP IT UP DOC! THE PEOPLE IS BEHIND YOU!
ExquisiteDoom 2 years ago 38
This is what I get from this:
Ron Paul: How can we fix inflation with more inflation?
Bernanke: BuUUUHH BUH BUUUH BUH BUH BUH BUHBUHBUHBUBubuhbubuhbubububh
jimmyjoejoeshabadoo 1 year ago 9