Ron Paul Holds Up Silver Ounce and Tells Bernanke He's Killing the Dollar 2/29/12
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Ron Paul destroys Bernanke in a Q&A Session by bringing up the real rate of inflation (at least 9%) and at one point pulling out a silver dollar, which has maintained it's purchasing power rather well since Bernanke came into office in 2006.
"somebody is stealing wealth and this is very upsetting"
Please America, you have such an awesome Constitution, please start voting for it and fighting for the truth. It is your duty and as an American. You are the last check and balance for tyrannical government. Stand up.
God bless you
America is so brainwashed to only vote for Rep or Dems. These two parties are all bought and paid for. The system is failed.
George Washington was an Independent candidate and a future independent, utilising the internet could come again. In any case, the US Constitution is good and not perfect.
Corporate America is not giving up without a fight.
When Ron Paul pulled out that OZ, i was expecting for BEN to jump on the table and hiss, like some sort of reaction to a cross in an exorcism
We should have never got off Gold and Silver. After Germany and Japan tried to get their Gold back and were stalled by the FED 7 years ago I know somethings up.
Brilliant Ron Paul. Gold and Silver standard should be the rule
Ron Paul is truth
Anyone else here during silver squeeze 2021?
We are here ready to fight! 😎
Paul is so smart. He knows he can't change policy or destroy the Fed, but he can plant seeds for the future.
We appreciate your integrity!
"It's nothing near money when it's illegal to use it." Ron Paul has a true talent for shutting people up.
Silver tanked after Ron Paul showed the Silver Coin to these Vampires...
AT 2:00 the politician smells the money that Ron pulls from his pocket, doesn't leave his eyesight!! >>
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God bless you, Dr. Ron Paul! You are a true patriot and a great American!
You are referring to 19th Century Economics. Back then there was no online commerce, interest rates and real estate had a different impact on society, and the Global Economy was a completely different animal. You guys crack me up though. LOL
I don't agree with every single issue he stands for but he is honest and true to his word. You can't ask more of a man.
The truth vs The master of deception. Good effort Mr. Paul, we stand behind you Sir. In heart & spirit.
Warmest Regards,
With the outmost Respect,
From Kuala Lumpur.
"Good to see you again, Congressman Paul..."
"I'd be real happy to talk to you about it" - Translation: "Not happening"
"Hon. Bernake" Honorable? WTF?
Sales tax and capital gains tax harms gold and silver as money like Ron Paul said. Just buy gold and silver online (no sales tax) and stack em high. No sale no capital gains. They are stable (non spoiling) commodities that will always have value unlike oil, soybeans etc.
Bert Smith I'm starting to stack gold and silver for savings and crypto for expenditures.
since the 70s the doller value has dropped 80% how is math a conpericy?
unfortunately for Ron, this was his last shot. but he got his message out, to those few who listened, and in time it will grow.
Rand Paul 2016/2020!
Listen up this guy is the most honest and smartest of Americas elected officials! Period.
Bernanke the Vampire from the Dark Side !!!
Ron PAul is a great expert at questioning..and even more so on economics.
11110*
And that allowed for the treasury to issue silver certificates during the transition period of Kennedy's plan to ELIMINATE gold & silver currency. I'm all for going back to the precious metal standard, but don't use false facts to make a point.
@shaurz He is a doctor, but in Congress I don't think they put it as Dr., they all have Mr..
Keep stacking. I have no faith in saving my money in FRN's.
Oh, wait....LOL I mean are you a federal reserve employee...not a federal govt employee...
This is sickening.
The Constitution say the treasury has control over the currency. Yet they are asking a private company to think about a curreny issue. WHY?
Because the U.S did indeed declare bankruptcy and the FED paid it off and now we are forever in their shadow.
Sickening.
Like it how at 2:00 the guy next to Paul leans over to check out the silver.
A REAL American hero!
It's almost 2020 were we at no lol
During the stone age, rocks were attempted for monetary use also. There is a reason why rocks and beads are not held in the reserve banks.
You are right. I will not buy anything with it so long as my dollars have purchasing power. Why should I spend precious gold when I can spend the paper that is floating around?? Before the existence of the dollar, gold was used to buy everyday. In the event of a collapse, why you feel that it would be so worthless?...I don't know.
I don't agree with Ron Paul on everything, but I do have tremendous respect for him. He and Bernie Sanders two of the only honest men in Washington. I'd have more respect for Paul if he became an Independent like Jim Jeffords did.
I love you Ron. You are more than a genius.
So much for that!
The point is to not vote on it, the constitution only accepts gold&silver why do we need to vote when all we need to do is read the constitution. Its for us to live by why dont we? Because of Gov't.
Max Keiser and Hugo Salinas have the answer to what Ron Paul has really been pushing for all these years. It's not a gold standard currency the world needs. It's a parallel silver coin (stamped by weight and not denominated with a set value) to run alongside the dollar that can be used as legal tender. The legal value of the coin would be variable and this value would be listed by the government on a daily basis based on the spot price for silver.
Hedging against inflation affords you more food and supplies.
I'd have to say Ron Paul is brilliant in economics. It's ashame that in the current world of politics, he doesn't recieve the credit he deserves.
Can you imagine if we still used that silver? Jesus Christ would we be rich or wat. Incredible.
Remember also that even canned goods have an average shelf life of a few years.
Ron Paul makes sense. However, the gold standard fails more than the fiat system. And if you think about it the gold standard is kind of like a fiat system, except that it is inflexible.
Did RP just call BB a liar, thief, & a cheat? That's what I got out of it.
Ron Paul is a beautiful man!
Actually Gold is going up and in the next 2-3 years the paper dollar will be worth zilch. Go read aftershock and other materials covering these issues. Investing in Gold now can save you down the road. These people predicted the economy crash and remained rich because they made the proper steps ahead of of time, they are once again predicting the soon to happen shift and are investing in gold to REMAIN rich. So, yeah.
Answer: Ron Paul
Question: What is the only reason one might enjoy watching a government hearing.
This is terrific, I am staring at a black screen and no play button. Great! :-( Guess I will have to use my imagination as to what happened.
"The Fed is going to self-destruct eventually anyways."
he's not talking to bernanke, he's talking to people who want to learn a little something about economics
Honorable Berstanke pffffft End the Fed.
Honorable Burn Stain ski.
@@TheRetiredVeteran Chief you Ghosting me again from D.C.?
@@lordhumongus8669 LOL, you are the one who posted the link on Silver Liberties page.
You completely miss the point. Gold is the money you would use to purchase these items. If you are buying enough now to last the rest of your life (highly unlikely) then maybe you wont need gold. Im not saying forsake necessities to stock up on gold and silver. I mean I can go to the grocery store and stock up up all day, but eventually I will need to buy more things. Do you really believe that having a few ounces of precious metal will not be of value to you??
I was pretty stupid also. I naively spent money on watches and rings which are often overpriced and almost always undersold. If you are looking to store money in gold, purchase bullion and certified coins or bars. Even then, be careful not to pay too much over the spot price.
Ironic that while looking for WMDs in Iraq, that the WMDs were already in the US called: Inflation.
Ron Paul = Hero
Why dont you Americans vote for him.. he has my vote if he want and eligible to be Malaysian Prime Minister
I like they guy who leaned over once Ron held up the silver
>Silver? Money? Huh? I want money...
Ladies and Gentlemen, the man we somehow did not elect.
I think you ladies are both right. It could go either way. And it'll probably go both ways. Guaranteed after the apocalypse some people will offer silver to someone in exchange for something and get laughed at. Other people will offer it at some point and it will be accepted. No one party is right. Both options are options. Take your pick and stop dividing yourselves.
they got pissed at Lincoln too
Fuck that podium. It should say Dr. not Mr.
@Andrewh313 Clearly you need to learn a bit more about silver reserves. but thats ok, don't buy, Moe Silverman for me.
You think metals are useless?? Hahahah you poor fool...
There're lots of competing currencies that you can buy, look up Ithaca Hours, BerkShares, etc. So silver has gone up a lot in the past few years, he won't be able to do that example a few years from now. Mr Paul is venting the frustrations of the average joe.
Also, do not assume....it makes an ASS out of U & ME..haha.
Wait there was no answer to any of the questions that Ron Paul posed! This seems to be a common Fed tactic
While food will rot or go bad, metal retains its value and can be used for barter at a later date. Yes you would be holding metal, but this is not a bad thing. This is a main reason why holding wealth in money is beneficial. Sure there will be people starving, but then again there are people starving already. There will still be food. It will just cost money...paper will not be accepted.
why would you sell something that is limited and that no one can create out of thin air?
good point. like how people want to have guns removed from the public. ...
Are you a fed employee?
I keep plenty of that too.
if it gets that bad...yes. all i would care about is my next meal. until that day comes, i want to hold some money.
Bernanke actually has to answer questions when it's Dr. Paul's turn. He is so over matched.
seriously??? THE DOLLAR WILL BE USELESS IN 2 YRS... Get ready the shit is going to hit the fan
Watch out for the guy on your right. He looks like he wants to snatch your gas money.
Problem with a ful 100% gold standard is growth.
It would stagnate at some point since gold doesnt "grow" fast enough.
But what Dr. Ron paul talks about is parallel currencies, not just paper money but the ability for people to choose how they pay and in what manner or currency.
Like gold and silver.
The point is diversity instead of 1 or 2 worthless paper money schemes like the dollar and the euro.
There is no real competition if the system is the same.
by the time payday hits, im already converting ounces
If you kept with it all of these years, you must be a millionaire.
Yes I am, I can't believe Grayson was voted out of office, but it makes sense....more people like to belong to a team, not matter how much it is robbing from them. That is why we have sports and religion. But yes, I was DRIPPING with sarcasm on that one. And Ron Paul was ridiculed for actually being an American, not a stooge for the Fed like Romney and Obama
AMEN.
wow.. i got some silver coins.. buy me a couple tankers of gas then :p whoohoo :p
Damn that girl to the left is cute
by next 5 years i think natinal debt will 30 trillion lol
yes, maybe sometime dollars vs an ounce of silver will plummet if the inflation problem solves itself, but the main point is that metals like gold and silver hold a true purchasing power. once ounce of gold back then, lets say $30, would buy you a coat. now it would be bout $1,000 BUT with that same ounce of gold would by you that coat. ya feel me?
It almost looks like the AOCS C4L coin with his face on it.
As much as we all hate Bernake, he'll seem about as reasonable as Ron Paul once Larry Summers becomes the head of the fed!
the next, LONG overdue 2nd Amerikan Revolution just cannot be that far off
You do not deserve to be free and have liberty and be a real American, as you have no idea what any of those ideas were truly founded upon. Back to 19th century? You mean when we were the world's wealthiest and most civilized/advanced nation, like, by far.... Yea that sounds pretty awful
@peterson553 Seized? You can't even hold it?
!!!RON PAUL 2012!!!!!!BRING BACK THE REAL AMERICA, THE PEOPLE AMERICA!!!
Ron Paul 2012- Look ALIVE TAMPA!
That day will come, but im not guaranteed to see it. In the meantime it would be foolish stocking tons of canned food. Yes, it is always important to stock non-perishables; but even then, there will come a time when it will be necessary to obtain more food. If you think money will be uselees, you'd better think again my friend.
I really hope you are being sarcastic.......I mean I REALLY hope you are kidding.......you are kidding right?
At 5:04 the guy to his right "Son of a bitch, he's right......shit"
Rand Paul's a neocon, i wouldn't vote for him.
Gold does exactly what it is meant to do...preserve wealth. I will gladly take that "shiny shit" any day - as would the majority of people throughout the world. Its obvious that you don't own any. Otherwise, you would have a greater appreciation. If you believe that gold cannot be spent, you sir are a fool.
yeah lets vote on it! why dont we vote on whether to have sound money or paper fiat bullshit?
that has very little to do with the point.....and you never told me if you were kidding so I am going to assume you are not......which is scary, I'd rather eat a cheeseburger and play a video game than assume a private central bank which loans our money to us with interest has my best intentions at heart....
Gary Johnson for President!!!!!!!!