Ron Paul’s First Subcommittee Hearing: Can Monetary Policy Really Create Jobs?

This is the first hearing held by Dr. Ron Paul as Chairman of the Domestic Monetary Policy and Technology subcommittee, which, among its other duties, oversees the Federal Reserve.

Date: 02/09/2011
Video by minnesotachris – thanks!

Anyone knows how to fix the audio? We tried almost everything but didn’t get any significant improvement. If you have any ideas please post a comment or contact us.

(If you’ve found a spelling or transcription error, please notify us anonymously by selecting the misspelled text and then pressing Ctrl+Enter. Thank you!)

»crosslinked«

  • capitalist4life

    It gives me a warm, fuzzy feeling to see “Chairman” under the name “Mr. Paul.”

  • capitalist4life

    is the audio shitty for anyone else?

  • VictoryCough

    Imagine this scenario: Walter E Williams is a witness in place of DiLorenzo. Williams also believes Lincoln was a racist tyrant and that the Civil War was unnecessary. Williams also happens to be black.

    Would Clay have questioned whether Williams was a racist for doubting the official Lincoln story?

    If you ask, there is no one more racist than a progressive-white or black.

  • VictoryCough

    Imagine this scenario: Walter E Williams is a witness in place of DiLorenzo. Williams also believes Lincoln was a racist tyrant and that the Civil War was unnecessary. Williams also happens to be black.

    Would Clay have questioned whether Williams was a racist for doubting the official Lincoln story?

    If you ask, there is no one more racist than a progressive-white or black.

  • VictoryCough

    Congressman Clay’s political philosophy and even style is rampant throughout the City of St. Louis. Look at the unemployment rate in St. Louis.

  • VictoryCough

    Congressman Clay’s political philosophy and even style is rampant throughout the City of St. Louis. Look at the unemployment rate in St. Louis.

  • CountArtha

    Hey, Clay read the Austrian School’s Wikipedia page!

  • CoombesKidd

    barney frank should be in jail

  • drcphd

    Dr. Clay fails to address the issue and resorts to name calling and spreading lies. What he’s saying about Mr. DiLorenzo is utterly false. Check it out yourself.

  • hairbones

    What kind of a man does this? Rep Lacy Clay’s wife had this to say of him:
    “I and my children are devastated and embarrassed that my husband let us find out from the children’s friends and the media that he had filed for divorce, and mostly that he still has not contacted our children,” Ivie Clay said. “I would have wanted to prepare the children.”

  • Polypropylganda

    This video will become viral.

    If not now, then when the dollar crisis accelerates.

  • nomoreserfs

    This is laughable, Japanese debt has just been downgraded. I guess in the world of Keynesian economics this is a good thing. We are all Austrians now!

  • BradNC11175

    Barney Frank in charge of Financial Services is about like John Hinkley being the chairman of the NRA… what a joke.

  • MrDaverulz

    Not concerned about what Brazil has to say about our monetary policy?!? Have you ever thought of taking advice from someone who has already made the mistakes that we are currently making? Are you even familiar with what happened in Brazil?

  • Ian

    How the hell could you side with the Fed?? If you create money without the value to back it up, it will create inflation!!! Of course the mainstream media has said bad things about the free market; they haven’t even let it work without interference!

  • Knocks4U

    Mr Green looks like he just walked off the set of Planet Of The Apes and exhibits the IQ of such

  • NosoCOMINSOON

    I think the sound is shitty on purpose…call me a pessimist but this seems a little sketchy.

  • margoliesmedia

    google: mirage of inflation

  • RMMHS4RP

    This has to have been the most interesting subcommittee hearing in Congressional history.

    That said, it also needs to be said that Clay and Green made complete asses of themselves.

  • RMT87

    i wish the sound was a nearby tesla coil for zapping people like Mr. Clay