Ron Paul Asks Ben Bernanke: How Do You Define a Dollar?

Ron Paul confronts Fed Chairman Ben Bernanke on monetary policy, and says that Fed policy has not helped to stabilize the economy over the last 30 years or so. Paul asks how the Fed can manage monetary policy if it doesn’t have a definition for a dollar. And, he adds, gold is the true long-term measurement of value

Date: 03/02/2011

  • ThomasJeffersonMan

    The FED was designed to bring the people to their knees from day one. Let us not forget that BEFORE the Federal Reserve existed the American dollar had NEGATIVE inflation every year. That means every year the buying power of our money went up!!!!!! Once the Federal Reserve came into the scene suddenly this new thing started where the buying power of the dollar went down. Abolish the Federal Reserve and return to the gold standard and inflation will start to reverse itself.

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  • chappysmom87

    For not knowing what a dollar is-its exact definition, Ron Paul sure has enough of them!!!!!!!!!!!!!!!! ….and I’m guessing he knows how to spend them too!

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  • MrCctvtech

    Bernake is a bitch ass. I pray Dr. Ron Paul becomes president but with the way the mid west votes and the way the media clowns the good doctor he probably never will. But I heard he has a son.

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  • danmo43

    The jobs have nothing to do with the economy. The economy has everything to do with the jobs.
    THEY ARE ALL OVERSEAS!!!!

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  • stanfordjane64

    Ron Paul and others are at least trying to get a handle on government spending. Another point? Why send our soldiers to “battle” if we do not properly “back” them?

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  • stanfordjane64

    Cut off before Ron Paul comment. Bernanke said improvement. WHAT IMPROVEMENT?

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  • Str8jckt

    Ron Paul is the biggest asset America has ever had but they are wasting his value by not making him the president of the United Sates of America.Ron Paul as president will make America strong once more and save it from misery ans failure. America without Ron Paul as the president is Americas worst enemy. Vote for him, put your fears aside and make him President. Listen to him listen to your heart. Save America.

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  • RealityinTheory

    I don’t know if anybody noticed but at 3:44 the guy on the left is dreaming of cheeseburgers and black t’s! hah!!

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  • ka1222222

    If am today went to grocery to buy some food and to fill my car with gasoline, and would pay the two in gold coins with a quantity equivalent to that in dollars, I believe both are welling, in fact eager, more than before in US history to trade gold with you instead of dollar bills. that all bcuz the FIAT system is all based on thin air and will suddenly vanish and world as in history will come back to reality of gold as a measure and “store” of value more effectively than papers with little ink

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  • democratsaresmart

    RON PAUL, WE ARE STILL WAITING FOR AN ANSWER! TELL AMERICAN PEOPLE HOW EXACTLY RU GOING TO CREATE JOBS? OK LETS SAY ALL TROOPS CAME BACK AND THEN WHAT? THEY ARE GOING TO SELL IPHONES AND BLACKBERRIES? DUDE BE A MEN, HOW RU GOING TO CREATE JOBS? POPULATION OF CHINA IS 1.4 B CHINESE WORK LIKE ROBOTS, BE HONEST TELL AMERICAN PEOPLE TO BUY UR BOOK U NEED CASH , U LOVE POWER, U LOVE CASH, U WILL NEVER CREATE JOBS, U HAVE NO ANSWER!

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  • spark300c

    every one is afraid of inflation. high inflation is here. in 2010 I pay 8 dollars for movie ticket and that same ticket cost 9.5. I believe it is reasonable to expect double digit inflation for next year but not hyperinflation.

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  • gsus7125

    What is that drink in front of Bernanke? I see a word that might say “Preservatives” on it, and it is shaped like cough syrup.

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  • gsus7125

    Is that Newt Gingrich in front of Ron Paul. HEY! NEWT GINGRICH! FUCK YOU!!

    Do you think he heard me?

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  • MATT131311

    Ron Paul for president 2012!!!!!

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  • herodot2

    Ron Paul is a nice man but a compelte jerk. Maybe too much booze.

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  • Evongelo

    1:42 Bernanke thinks: “I really hate this guy” lol

    but only because Ron Paul’s right. Ron Paul 2012!

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  • tonytonytee

    ben bernake is a federal reserve new world order bitch . they are about to fuck us really really hard.

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  • Norm

    well, under the Coinage Act of 1792, a dollar was defined as 371.25 grains of silver. I guess that got changed somewhere along the way.

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  • adulby

    You know, Ive been following Ron Paul for awhile now and have praised him and supported him in many different ways. But when it really comes down to it, Ron Paul is just a True American.

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  • HaphazardCrappola

    I love Ron Paul

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