Ron Paul questions Bernanke about world currency
tags:
Stumble ThisRon Paul asks Bernanke what he plans to do when the Fiat Dollar Reserve System completely fails and if there's an international currency.
X Greetings! You are not currently logged in, but please don't let that stop you from voting up any videos you like. :)
|
| |||||||||||||||
currency,ron paul,bernanke,economy,the fed,bailout Ron Paul questions Bernanke about world currency
Comments  who voted for this video blankfist
- siftbot
x34 - enoch
who has this post bookmarked ambassdor
- RhesusMonk
- chilaxe
Ron Paul Questions Bernanke About World Currency Related Videos
| Watch this Video NextFriends O' the Sift Top New Videos by Vote                 Subscribe Top 15 Sifters of All Time Top 15 Sifters of the Past Week 12. Seric
(139 votes) Newest Appreciated Comments         | ||||||||||||||
Upvote Paulitics.
ALSO:
As of June 13, 2008, the US nickel has $0.06013 in metal content; all circulating US nickels carry a 20.3% premium over face value in metal content metal at market prices. The intrinsic value of pre-1982 US cents, weighing 3.11 grams, are worth $0.02414, 141.4% above face value in metal content at market prices. However, post-1982 US cents, which weigh 2.5 grams, are 97.5% zinc and 2.5% copper (coated over the zinc) by weight. These have an intrinsic value of $0.00508 as of June 13, 2008, or 49.2% less than face value.
source wikipedia
Ben: "No."
Paul: "Are you sure?"
Ben: "Yep."
fin
http://www.videosift.com/video/Our-hero-Ron-Paul-speaks-on-a-Global-Currency-to-Replace
I would say this one is MUCH better though , because the earlier one has worse audio quality and an obnoxious border that reduces the actual relevant video space to a tiny fraction of the screen space.
If in future generations they find a gold standard to be the only way to prevent economic meltdowns like the one we are experiencing now, they can look at this time and say "that's why it took so long to fix".
Ron Paul: "blah blah blah for 9/10ths of my time, then I'll ask you 100 questions at the end you'll not have time to answer, then I'll finally get to my point, which is the conspiracy of the ONE WORLD GOVERNMENT.. IS THERE ONE??"
Ben: "No."
Paul: "Are you sure?"
Ben: "Yep."
fin
You've missed the point - As far as Ron Paul is concerned - he gave Bernanke an inch - but it was enough for him to indite (hang?) himself.
I mean, Ron Paul is just getting Bernake on record - thats functionally useful for all sorts of reasons.
And this conspiracy of one world government tosh is not at all representative of what was said in any sensible way. I think you have largely misunderstood the content of that dialogue. Or you are just very loose with your opinions.
I think you have largely misunderstood the content of that dialogue. Or you are just very loose with your opinions.
Neither.
I've been following Dr.Paul for a long time, and this is how he rolls.
If he just wants to get Bernanke "on the record" about his NEW WORLD ORDER nonsense, as opposed to, oh i dunno, helping get us the fuck out of this mess and not waste the only five minutes he has then that's an enormous waste of his time, and a waste of us taxpayers' time.
The man can't have one conversation without going through his Austrian economics speech (which I'm sure Bernanke knows verbatim at this point), and going back 150 years in this countries economic history, when maybe he should be dealing with the task at hand, which right now is the bailout or non-bailout.
>> ^Raaagh:
I think you have largely misunderstood the content of that dialogue. Or you are just very loose with your opinions.
Neither.
I've been following Dr.Paul for a long time, and this is how he rolls.
If he just wants to get Bernanke "on the record" about his NEW WORLD ORDER nonsense, as opposed to, oh i dunno, helping get us the fuck out of this mess and not waste the only five minutes he has then that's an enormous waste of his time, and a waste of us taxpayers' time.
The man can't have one conversation without going through his Austrian economics speech (which I'm sure Bernanke knows verbatim at this point), and going back 150 years in this countries economic history, when maybe he should be dealing with the task at hand, which right now is the bailout or non-bailout.
So let's keeping focusing on the symptoms rather than the disease, seems to be working GREAT for the health care system.
Bernanke knows what the Austrian school of economics is, and what its tenets are.
If you'd like to use the health care analogy, isn't there a point where a doctor has to start treating the patient instead of bloviating on and on about what led them to their illness?
The point is, even if Ben and everyone else on the planet just said "Yes Dr. Paul, we agree with you 100%" then what? Is now the time to abolish the fed, the IRS and FIAT? If not, then what?