Ron Paul vs Ben Bernanke: Is Gold Money?

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  1. “Why would the entire world adopt an economic system that is obviously flawed?”
    Was there no such thing as an economy before the establishment of central banks?
    The biggest banking cartels, The Rothchilds, Warburgs and Rockefellas control the central banks in Europe and America, including the World Central Bank. Through political manipulation, they were able to get central banks that they control, effectively controlling currency and the people.

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  2. Things have changed since the time the constitution was written. Every (developed) nation uses a central bank to manage the money supply. Everyone uses a central bank because the method has been shown to provide for strong, consistent economic growth. Why would the entire world adopt an economic system that is obviously flawed?

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  3. Original U.S. Constitution
    Art. I Sec. 8 Cl. 5
    [Congress shall have Power …]To coin Money, regulate the Value thereof, and of foreign Coin, …;
    But hang on, the Federal Reserve has monetary monopoly..i thought the constitution only gave congress the authority to coin money.. hmmm

    »crosslinked«

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  4. Every (developed) nation uses a central bank to manage the money supply. Everyone uses a central bank because the method has been shown to provide for strong, consistent economic growth. Why would the entire world adopt an economic system that is obviously flawed?

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  5. “The only substances ever declared as money within the U.S. were gold and silver, in coin form, with copper/nickel serving in token capacity only. See: 12 USCA 152 re. “lawful money” and Coinage Act of April 2, 1792, at Sections 11, 16, & 20

    Original U.S. Constitution

    Art. I Sec. 8 Cl. 5
    [Congress shall have Power …]To coin Money, regulate the Value thereof, and of foreign Coin, …;
    Art.I Sec. 10 Cl. 1
    [No State shall …]make any Thing but gold and silver Coin a Tender in Payment of Debts;

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  6. Yes there are laws of business, just like there are laws of physics.
    The Federal Reserve is unconstitutional. The founding father made sure that no central bank could ever run the monetary system, furthermore, the constitution only allows gold and silver coinage to be legal tender, not fake paper money made out of thin air.

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  7. That’s not in the constitution. And there are no “laws of business”.

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  8. This sort of reminds me of you. /watch?v=zhuI_kppIE0&feature=g-vrec

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  9. “A nations wealth should be determined by it’s value in resources, trade and business worth, not by the regulations of a central bank.”-According to the US constitution and the laws of business.

    “Only god can make something out of nothing.” – implying that central banks “make something out of nothing,” – The Fed makes money out of nothing. It prints money with nothing to back it up. As for fractional reserve lending, for ever $1 you deposit, banks can loan out 9$, currency that does not exist

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  10. “A nations wealth should be determined by it’s value in resources, trade and business worth, not by the regulations of a central bank.” – should, according to who?

    “Only god can make something out of nothing.” – implying that central banks “make something out of nothing,” or attempt to. This is a misrepresentation.

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  11. Yes, inflation occurs. And yes, that reduces the value of money through compounding inflation – but why is this a problem? If you invested those 1913 dollars into equities or even government bonds, then your number of dollars would be increasing to offset the slow decline in the value of the dollar.

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  12. “Any Fiat currency is mathematically bound to collapse” – no source. And on what timescale? The universe is mathematically bound to experience heat death, but it’s not something we’re particularly concerned with.

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  13. “Any Fiat currency is mathematically bound to collapse” – no source. And on what timescale? The universe is mathematically bound to experience heat death, but it’s not something we’re particularly concerned with.

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  14. Who the hell cares what the Constitution has to say about a central bank? I want my nation to use the best, most effective policies/tools/institutions possible. Some of the founding fathers were certainly against having a central bank, while others were certainly in favor of a central banking system. But still, who the hell cares? I want my national economy to work, and the Fed makes sure it does.

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  15. “America, after the first central bank was abolished, managed without one…” – this implies that this was an effective policy (without a source), and that an effective policy then will be an effective policy now.

    Every (developed) nation uses a central bank to manage the money supply. Everyone uses a central bank because the method has been shown to provide for strong, consistent economic growth. Why would the entire world adopt an economic system that is obviously flawed?

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  16. A nations wealth should be determined by it’s value in resources, trade and business worth, not by the regulations of a central bank. Only god can make something out of nothing. Fiat currencies a prone to inflation and hyper inflation. Money needs to be an I owe you for gold, not gold itself.

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  17. he is a fringe candidate, because big business that pulls the strings in America give him a media blackout and treat him as a loon, gullible people incapable of free thought buy it, while the smart people are actually on his side. No offence, and with the greatest of respect, you are just another gullible moron incapable of free thought.

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  18. Are these the people you would rather vote for, Masonic NWO conspiritors? w w w .digitaljournal. com/article /328607

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  19. Way to make Bernanke look stupid. Good job, RP.

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  20. They obviously do which explains why Ron Paul always receives a tiny amount of votes.

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