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

  1. TheStoneAlexander

    Ron Paul OWNED that motherfucker!

    »crosslinked«

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  2. rongeotom6

    Also buddy id advise thinking and knowing just what your going to say before you do. Educate your self because we are all fu*ked if the majority of people dismiss the knowlage people like Ron Paul give us whilst putting their neck on the line. Trust your instinct buddy

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  3. rongeotom6

    The point is Gold is the tangiable promise that paper money has value. And banks trading with money over the 10% backup of gold becomes a MONSTER.

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  4. rongeotom6

    wasn,t a point? so you dont think Gold has value. His point is the reason banks use papermoney and the Fed prints it is because gold is the physical promise that the Dollar etc has value. In taking away this promice finance turns into one big Ponzy and YOUR physical assets etc are worthless or to put it another whey, it instantly starts to lose its value.

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  5. rongeotom6

    Yes. Things like the white slave trade (meny whites used as slaves in arabia etc) get deleted from history, and so on, so every other race can demonise us. How many dead and savaged people where there in the world wars while fighting there wars.

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  6. ceejaywt

    it wasn’t a point! It was ron pauls inability to think properly.

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  7. raw puller

    Great point RON PAUL. You should have won. Not OBAMA, who only won because all the idiot black people finally lined up to vote for a president based on ZERO KNOWLEDGE, but based on SKIN COLOR.

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  8. cratewasher
  9. hhiippiittyy

    Are you trying to make a point?

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  10. hhiippiittyy

    What is the point?

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  11. kilgoretroutcanada

    I’d happily offer you a pound of salt in exchange for a pound of gold.

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  12. swordsintopens

    All other things being the same, so the same products on the shelves made in the same places, what if it was called China★mart instead of wal★mart, would you still shop there?

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  13. rongeotom6

    Yeah. they do want everyones gold. A tactic for the cashless society.

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  14. rongeotom6

    Im thinking you have already retired, 25YEARSAGO, as you fail to see the point.

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  15. rongeotom6

    Good point.

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  16. nothing980454

    Your post is cringe-worthy because it’s so obvious you’ve never even taken an macro economics class yet are talking as if you know the “truth.”

    Go buy gold and silver notes then (notes, because there isn’t enough gold and silver for everyone in the global economy). What will these notes be backed by considering the rich bought all the physical gold and silver as soon as we switched from “fiat currencies” and saw it rise in value, making the rich richer and everyone else with worthless notes?

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  17. nothing980454

    That was true a few centuries ago but it isn’t true anymore.

    And if what you’re saying IS true then the US is BY FAR the world’s biggest power because they have MUCH more gold than any other country in the world by far. China only has about 1,000 tons and the US over 8X that. Is the US 8 times more powerful than China?

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  18. nothing980454

    Describe to me that simple math then considering the world has finite resources and ever exceeding demand of goods.

    After that describe to me the math of distributing gold as the world’s currency instead of “fiat debt notes.” If you did you would know that there isn’t enough gold to distribute and everyone would just end up with gold “IOUs” that would be backed by nothing because there’s no longer any gold. Yeah, that sounds much better…. :/

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  19. nothing980454

    “currencies have absolutely no value” That statement is ridiculously stupid. How did you pay for your computer? With gold?
    Gold is just as “worthless” as currencies. Without people attaching value to gold or to currencies then they wouldn’t be worth anything. What can you do with gold besides make some jewelry? You cannot make water or conjure it from nothing yet it is finite and useful to everyone on the planet.. should water replace gold as the new “currency” when you pay your cable bill?

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  20. hhiippiittyy

    Indeed. I like to offer up salt as money to those suggest gold is money.
    Salt has been used as currency for perhaps longer than gold and in a greater number of common transactions. It was part of a roman soldiers pay, the word salary is derived from it. I recommend the book Debt: The First 5000 Years, by David Greaber, and for fun, Salt: A World History, by Mark Kurlanski.

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  21. MrForanski

    It annoys me the way that those people behind Bernanke or whoever is in the hot seat keep nodding like fools every time he says something… bet they’re well paid though… in fact… I want their job.

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  22. Mousumi Khatun

    Hey there, have you considered “MonEYEopener” or something like that (google it)? On this website you will see practical tips about the way to make an income online just by answering simple questionnaires. This made it easier for Gary to work from the comfort of home and have the benefit of monetary liberty super fast. It may help you too…

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  23. moxypirate

    Exactly. Also anyone with half a brain knows that Diamonds are worthless (which was Paul’s point as well). What gives gold its value is its rarity and the fact that you can not forge gold or conjure it from nothing. Paul once again throws into Bernanke’s face that fiat currencies have absolutely no value and used as a tool for the elite to maintain their wealth and power.

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  24. James Pitts

    Well, I hoped that whacko, nutjob, tin hat Paul was going to say somethiong intelligent. He didn’t. Gold is only money when it takes the form of coinage as a tradable and spendable commodity. Money is that which one receives for payment to represent their assetts. Gold, uncirculated or uncirculatable in day-to-day business transactions, is an assett, not money. Were we to circulate gold coins, for example, that would become a from of money.

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  25. endlessmountain

    what so special about fiat debt notes??? It has no practical applications and guarantees mass suffering and harm via simple math.

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  26. fitheachsidhe

    It looks like the sun…. Yes, gold is technically money, not an asset, it just works on a deeper psychological level than paper or digital 1 & 0′s. Its harder to create (mine) and has the history; people have loved gold forever. Silver has far more practical uses, yet per quantity of each in the world, gold is 5x more valuable. Why exactly. Why are diamonds valuable. They are rare and pretty!

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  27. rongeotom6

    Yes it is an element but whome ever holds the gold holds the power.

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  28. rongeotom6

    And he saves the best till last. Brilliant

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  29. qqq111444

    IgnatzKolisch, that’s a really good question. And I think a lot of people ask the same thing. To understand that, you have to understand the history of banking and finance and you’ll get why gold is an important issue in understanding the financial system

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  30. IgnatzKolisch

    What’s so special about gold? Okay, it has some practical applications in electronics, and people who use metallic string instrument strings like gold strings for the tiny ones, which is fine. But why the specific element Au to represent what you put into the “world”, and which you can exchange for some other service/product that someone else puts in.

    I’m not being facetious, I just honestly don’t get why gold, of all elements, is supposed to be bound to the value of money. It’s just an element

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  31. Sakuya Izayoi

    /watch?v=lM1OwEK1dec
    Am I cool yet?

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  32. ragerancher

    Gold is valuable, it’s just your history knowledge is severely lacking.

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  33. ceejaywt

    Also plz look at the inflation rate while America was on the gold standard.

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  34. ceejaywt

    Low Inflation is good for the economy, it encourages people to buy in good time and helps advoid deflationary shocks. American wages have greatly increased after the gold standard, what’s important is that wages rise faster than inflation. Lastly shouldn’t people have the right to use silver,gold, platinum and diamonds how they see fit?

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  35. NonMirageTV

    The FEDs QE injections are stupid, most likely the money is going directly to special interest companies (1%) where they get to spend it before it inflates the rest of the currency, so why they spend discounted cash, are commodities go up in price. Wealth inequality in this country is utterly unfair.

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