(Video) Ron Paul Schools Ben Bernanke Yet Again

JumpInTheFire · #1 (**permalink**) 02-27-2008, 03:36 PM

Ron Paul confronted Ben Bernanke yet again today
check it out

Ron Paul Schools Ben Bernanke Yet Again

YouTube - Ron Paul Schools Ben Bernanke Yet Again

Static · 02-27-2008, 04:07 PM

lol

too bad the guy doesn't see a huge gaping problem in the monetary policy like Paul does...

JumpInTheFire · 02-27-2008, 04:40 PM

^ yea, im not entirely sure if he just doesn't understand, or if he thinks there is another agency like the fed that is going to miraculously save the dollar and the current economic system?

I'm at a loss to most of those in power.
Some of them are either corrupt or just stupid

**Ristaron** · 02-27-2008, 05:12 PM

To them, there isn't a gaping hole in the currency because the currency is going to be replaced.

They'll milk as much as they can from the dollar, and then switch to the Amero. The value of the Amero will start high, but it will quickly decline as the economy of the North American Union is drawn down by the perpetual war the U.S. is fighting.

rightwinger · 02-27-2008, 08:22 PM

I'm not really a big Bernanke fan. Not a big fan of any supply siders really.

But, I'm not big on Ron Paul either.

Quote:

They'll milk as much as they can from the dollar, and then switch to the Amero

What does "milk as much as they can from the dollar" mean? and who are they?

With how dependent foreign markets are on the dollar, and the US economy, what do you feel the consequences of a switch to a new currency would have? What would happen in say...China. What would happen to the global economy as a whole?

**Brother of Yeshua** · 02-27-2008, 08:28 PM

China would hold all the power. If anything this is good news for China. They hold the predominant means of production in the world now, with slave labor camps supported by the US economy.

Sure they'd lose their investment in us, but they only have that debt to lord over us, along with their vast means of production.

This would be the best thing in the world for China.

rightwinger · 02-27-2008, 08:35 PM

Quote:

China would hold all the power. If anything this is good news for China. They hold the predominant means of production in the world now, with slave labor camps supported by the US economy.

Nah. China and the US are interdependent.

Quote:

but they only have that debt to lord over us

and what denomination is that debt in? In what unit is it measured?

JumpInTheFire · 02-28-2008, 03:20 AM

Quote:

Originally Posted by rightwinger

I'm not really a big Bernanke fan. Not a big fan of any supply siders really.

But, I'm not big on Ron Paul either.

Theres a little problem with this.
I don't like Bernanke either, but I in no way like for people to just randomly say they don't like someone and then not back up what it is about them they don't like, but more specifically, state what it is in this post (the video) that they didnt like.

You dont like Bernanke or Paul?
Fine with me, but at least tell us what is/was so wrong with what they said and what they are discussing.

Don't simply say "im not a big fan"
and you wonder why I find it hard to take you seriously?
please don't cry, i still love you

rightwinger · 02-28-2008, 08:30 AM

Quote:

Fine with me, but at least tell us what is/was so wrong with what they said and what they are discussing.

Bernanke is a supply sider. About policy, I thought they should have been raising rates, a little while ago..so then they could cut rates now, and still get the same effect, while not cutting the rates to the levels they have now. About this video? Nothing really. It screwed up about half way through, Bernanke didn't say much yet.

About Paul. He uses that "create money out of thin air" line, that I don't really like. It seems nonsensical to me.

Quote:

and you wonder why I find it hard to take you seriously?

But you would take someone seriously who believes the possibility of a "weed party" is in the bill of rights.

Perhaps if I just said. "lol, this guy (Bernanke) doesn't understand monetary policy like Ron Paul does" perhaps that would be specific enough.

Static · 02-28-2008, 10:50 AM

First, don't mix topics in any thread.

Second, I realize you are somewhat new to BT, but I personally use this site primarily for peer descussion and informational purposes, most of the time it's pretty entertaining too.

Third, you're previous comments were obviously directed at me and what I posted on the other thread, so I'll adress it.

You don't like the fact I smoke weed? You have something against marijuana? You have something against people asking questions instead of searching for a while on the net to get the answer at 2:30am? Did I say I believed that was true? No... I merely asked a question about it, and WB did the right thing and answered it with respect and good information, now I know that idea is not true, problem...solution, see how that works?

Instead of trying to snake his way around the question, he took it head on and direct...

And how the hell can you not get what Paul is saying, and has been saying since he's been in fuckin' congress? Do I need to draw it out for you mr. economics major?

I save money...
Fed creates more money, decreasing the value of the existing money...
The money I had saved, is no longer worth the amount it once was...where's the encentive to save any money and build capital?

The Fed keeeeeeeeps doing this stuuuuuuupid shiiiiiiit, basically handing all of us huge shovels and telling us to keep digging that hole deeper, and people like you are just standing around saying 'well I guess they have it all under control then...they maybe shoulda done this, or that, but hey, they know what they're doing..." when they have no fucking clue, and a kindergardener could run it better.