Duck Tales Inflation Lesson

An episode of Duck Tales dealing with the negative consequences of inflation.

for more information visit www.mises.org

Category:

News & Politics

Tags:

• ron
• paul
• inflation
• economics
• freedom
• liberty
• federal
• reserve
• counterfeit
• money
• banking
• government
• congress
• libertarian
• bernanke
• greenspan
• obama
• bush

[mustang6172]

But the money the government prints isn't fraudulent. Congress has the right to print all the fiat money it wants and it has the right to delegate this to a national bank. Read the Constitution.

[prattleon]

@mustang6172 I don't really care what the constitution says, a centralized fiat currency is not justified, nor good for those upon whom it's imposed. That said, I'd be curious to see where you think the constitution gives congress that authority.

[mustang6172]

@prattleon Article 1 Section 8 "...To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;..."

[prattleon]

@mustang6172 but the federal government is not authorized to enforce the use of a particular money. That's left to the states with this caveat: Article I, Section 10, Clause 1: No State shall…coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debt.

[TheAbsoluTurk]

Scrooge is smart, he keeps his money in gold.

[twistedtheaos]

Most cartoons are more intelligent than one's national government.

[mustang6172]

@bluecollargoldtieguy Which parts of the world are moving away from central banks? The only two I can find are Andorra and Monaco, and they're too small to fit on the average globe.

[bluecollargoldtieguy]

@mustang6172 The Congress turned over 'coining money' to the Fed in 1913. However, they have failed miserable to 'fix' the standard of weights and measures. There is, currently, a 'floating' currency as a result of what Nixon permitted in '71. The world is currently moving away from the Federal Reserve System, and the US will be forced to join the global community instead of just bully it. There are still United States Dollars... it is sad that most people think FRN's are money.

[hotheadsniper]

can i have that gold??????????????

[XxPhoenixHarpyexX2]

shut up, here we go again. i had these debated many time ago, and its going over & over again. you know shit about communism yoiu moron, what the f** do you know? you are brainwashed by your elite maddogs. communism never killed anyone, never did starvation & poverty. it was your filthy capitalism who did this all over the world, you stupid explpoiting fanatics who steal money from people. you killed 1 billion people, STFU! enough,i realy dont want to get over this topic which i proved you wrng

[karthadastim]

@buckeyemike81 I define government as an organization that uses violence to solve problems. I would not credit the freedom and liberty that America saw until recently to the government, but rather to enlightened individuals and a (relatively) peaceful society.

For it's time the constitution was a great foundation, but the freedom in gave people caused a huge amount of economic prosperity. Like a tumor the government has leached off that prosperity to grow into the monstrosity it is today.

[buckeyemike81]

@karthadastim Who said anything about voting for Ron Paul? Can you name 1 country that has done more good for mankind than America? You may use any government since people stopped being hunter gatherers. Please name 1.

If you don't believe that the American constitution provides a unique set of liberties others don't have, then we are not on the same side.

[karthadastim]

@buckeyemike81 Ok then vote for ron paul and when he doesn't win vote for some other guy in 4 years and see if that solves your problems. Idk why i'm arguing with you we're mostly on the same side, most of the world still thinks socialism and more government regulations is the way to solve our problems.

[buckeyemike81]

@karthadastim The constitution has due process, but your entire argument is just plain stupid. The constitution is (or should be) the basis behind all of our laws. The constitution also provides a means for correcting unconstitutional laws and actions.

Which government in the history of humanity has done more good for mankind than the American government? Please name any.

[karthadastim]

@buckeyemike81 The constitution guarantees your liberty? I guess all dead people and others in cages didn't happen?

History has shown that a piece of paper doesn't protect your liberty, every day the american government gets bigger and more militarized and is constantly infringing on people's right's under the pretense of protecting them.

The American government is one of the most violent evil organizations to ever grace the earth, the constitution is being eroded every day by politicians.

[joe63088]

@mustang6172 The federal reserve is not federal, they are not apart of our government, your argument is invalid.