Bernanke and Paul spar over gold

Republican Rep. Ron Paul of Texas questions Federal Reserve chairman Ben Bernanke about whether gold is money or not.

[@1080lights]

"The point of a currency is to appreciate in value over time" - Half of this stupid-ass comment section

[@healthhavencom]

That exchange will live in infamy

[@Metacognition88]

Paul: “do you think gold is money”

[@stevie6621]

Ron Paul: Do you think gold is money?

[@caffeine2681]

thank mr bernke

[@davidkidd2644]

I never get tired of this!

[@Xez1919]

The supply of diamonds can be artificially increased, that’s why the central bank doesn’t hold diamonds.

[@clatra01]

Never gets old!

[@miguelon1995]

Ron Paul has always owned this man when speaking about

[@Mellowman468]

Its tradition...oh boy what an answer

[@Kyle_Schaff]

People used to trade in sheeps, wheat, and cocoa beans, too, but they’re clearly not currency anymore. They still have value-like gold does today-but they’re not money.

[@__-cx6lg]

thanks mr bernke

[@mrchow5203]

GOLD IS MONEY EVERYHING ELSE IS CREDIT

[@Kedai610]

The girl reacting in the background is my spirit animal

[@jackbrady9738]

There's a difference between money and currency

[@GuysCallMeShawna]

Pwned.

[@santifrias3726]

Thank Mr Bernke

[@main.regotube]

Paul: Do you think gold is money?

[@E3PRO]

gold

[@julioklj8]

It's uh tradition.....