3,960 responses to “Ron Paul vs Ben Bernanke: Is Gold Money?”

  1. 14goldmedals

    What the USA has to do is start sending more cash for destruction than new bills being printed to bring the value of America back. After WWII it took a bread bag full of some European country’s paper money just to buy 1 loaf of bread! Paper can turn worthless overnight given the right conditions.

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  2. 14goldmedals

    Platinum is also used in national reserves to back currency notes. Coins at one time were actually made of metals with trade value. Canadian pennies, when still made of copper, now sell for over 2 cents lol. The old pure silver dimes are worth way more than face value. Canadian quarters actually contain nickel unlike American quarters made of mostly copper alloy. Metals are real substance unlike inked paper.

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  3. sirgalahadlives

    All dictionary ‘s ….GOLD =MONEY…..VIVA LA GOYIM

    »crosslinked«

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  4. siccamade5150

    ceejaywt, since gold has so many uses, it makes it even more valuable…. less amounts=greater value. idk sounds pretty safe to me.. but what do i know, just ask the byzantine empire they only lasted 800 years on gold based currency(without ever going into debt).

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  5. siccamade5150

    then we need to adjust to that inflation over the next 70 years, kinda like the lack of a gold standard did… inflation over a long time. well deflation would take just as long

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  6. ceejaywt

    then what do you want to back up notes? since there’s not enough gold left. If money was backed up by gold inflation would be even harder to control.

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  7. Georgi Rusev

    Ron Paul: Do you think gold is money ?
    Ben B: No. (after 3 seconds thinking)
    :) I fell from the chair !! :) Ridicuolus !

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  8. 14goldmedals

    You are 100% correct. That’s what inflation is all the way. Printing more paper than you can back up.

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  9. ceejaywt

    Stupid question “is gold money” I’m loving Ron Pauls retirement already.

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  10. ceejaywt

    There is not enough gold for a gold standard unless you downgrade the curreny. Gold also has electronic and medical uses unlike notes.

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  11. pygame

    wtf?!?! ALEN SLONESHOW? 3:28

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  12. 14goldmedals

    What’s money? Fancy paper? Artwork? Or a coupon that’s only as strong as your actual economy is? Depression nation wide means your pretty picture of some dead guy is worth less than the number beside him. Economy going strong you can buy more of some other country’s pictures of people. Gold can’t be faked or counterfeited, is worth a world standard price not a single country’s idea of value. Look up gold’s unique properties, very cool.

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  13. 14goldmedals

    Nice Google skillz. Which would you rather have right now? $1000 in cash or $1000 in gold at today’s price?

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  14. Jackie Treehorn

    Gold hasn’t backed up “paper money” since August 15, 1971 when Richard Nixon took the dollar off of the gold standard.

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  15. LET hetero

    “its not that they are stupid, they are just ignorant”

    I disagree.. they are stupid

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  16. timekeeper2018

    .

    ON 2018

    The kingdom of God is coming to take over the earth. Conform to the coming New World! let go of ‘buying’ and ‘selling’ just help for free give for free. Do not partake in the sin of greedy governments they’re bringing this planet to ruin and making you worthless without their god –money DO NOT PAY TAX

    Avoid the churches just stick to Christ for salvation. Avoid pornography and all violent entertainment such as boxing and wrestling Don’t drug drink and smoke

    w ww.timekeeper.me.ht
    .

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  17. LaMaestra2102

    You’re right! The first money wasn’t “money”..it was a bartering system. But the first currency was gold and gold has always been a source of idolatry and a fascination since long past and the date and time that it became so valuable is lost in history. However, it became a currency because it has 4 core values that other metals do not. ( i don’t remember what they are but you can look it up). But even before that, people coveted gold..made gods of it, etc.

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  18. LaMaestra2102

    I think it’s because they can give you 40 dollars for an 18 karat gold necklace, melt it down and resell it for double that because people are rushing to get their hands on gold and silver…and they know it.

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  19. LaMaestra2102

    Well, enlighten us as to his hesitaton (Bernanke). I really don’t get all of this. Who’s right? Why DON’T they save diamonds. Why DO they save gold?
    I am not picking a fight – I’ve learned that this needs to be a disclaimer on YouTube, unfortunately, but what is it that has left the people “ignorant”? What is America missing? (I live in both Europe and America, alternately).

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  20. steren700

    Dude, as an economist, its not worth it to fight against these people, they don´t understand that chariman bernanke´s face and hesitation is due to the overwhelmingly stupid questions and inquisitive coments from mr ron paul. its not that they are stupid, they are just ignorant. (excuse my english, im Mexican)

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  21. homes4soldiers

    yes

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  22. George Reichel

    It’s early yet and the manipulators are almost out of bullets.

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  23. George Reichel

    I’m not snickering.I’m laughing out loud.Wait and see.

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  24. M. Abdigaani

    Ron Paul, you are the man. the only man in america that can say “no” when no is a meaningful to the very survival of the hardworking Americans!

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  25. 14goldmedals

    I guess you have no gold then? And maybe I should have clarified that gold has been the top means of garnering wealth in the times that anyone gives a shit about. And diamonds have only become valuable once a way of cutting/polishing came about. And holy cow! They mounted them into gold.

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  26. fraink1100

    Im very curious if the small stores that say “cash for gold” is a program or a strategy from the political party or a bank to somehow get their hands on most gold asset.

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  27. fraink1100

    Im very curious if the small stores that say “cash for gold” is a program or a strategy from the political party or a bank to somehow get their hands on most gold asset.

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  28. LavaSpitter

    wtf, which theory is this?!

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  29. good342011

    We love Ron Paul ..hope he would be able to lead the country.

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  30. envoke8

    BY ALL MEANS GOD WILL DESTROY YOUR WORLD PEOPLE BECAUSE IT IS A THREAT TO LIFE ON THIS PLANET. BOTH THE CHURCH AND THE GOVERNMENT WILL PAY, THE CHURCH FOR JUST LETTING THE WRONG SYSTEM OF THE GOVERNMENT TO CONTINUE AND THE GOVERNMENT FOR NURTURING THE SYSTEM THAT MADE THIS PLANET A VERY DIFFICULT PLACE TO LIVE WITHOUT MONEY. YOU MADE MONEY THE GOD OF THIS WORLD, ONE DAY EVERYONE THAT DOES NOT GIVE UP MONEY WILL DIE AND THE EARTHQUAKE THAT SENT VATICAN CITY INTO RUIN IS THE SIGN OF THIS JUDGMENT

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  31. TheGoogler77

    You’re right, gold wasn’t the first money. However, the Sumerians started to use “metal” (not gold per se) as currency. Gold and precious metals (e.g. silver, electrum, etc) wasn’t used as currency until the Lydians.

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  32. omgiheartpie

    So cute, all the goldbugs here snickering at Bernanke is hilarious.

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  33. TrenchcoatNinja3

    Let me get this right. Ben said Mr. Paul was “mistaken” if he says the fed has SPENT money, yet Mr. Bernanke clearly said that the fed has PURCHASED security. Last time I checked, if you PURCHASE anything, you SPEND MONEY. Am I right? Because I smell Bullshit.

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  34. austrianecoable

    No……LOL

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  35. blythebaby777

    Gold is cheaper than the price quote Ron Paul gave in his address to Bernanke. Looks like Ben’s toilet paper won!

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