Fuck his shit up Ron! don't yield back we need you! please don't yield! I'm still going to vote for you!!!
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Sorry, not sure myself about that.
I have a question is QE printing money, is it electronically? I'm so confused, I watch the 60 minutes interview where Bernanke said money circulation has not increased?
actually according to Peter Schiff, he should have done that back in 2004, of course Bush would most likely not be reelected
We should be allowed to vote for Chairman of the Fed. Too bad it was made 100 years ago after our Founding Fathers had died and corruption had taken place
Money is a commodity or piece of paper used for the purpose of indirect trade and storage of value. Gold is money in as much as it is used for this purpose. They are both kind of right on this little point, but Ron Paul obviously wears the thinking cap.
Money. Value. Debt. All a creation of the ego. It's divide and conquer at it's finest. It's a way of telling people they don't deserve something. We need to move beyond these superficial figures we put on people, places, and things.
Interest rates needs to rise a lot and soon.
Interest rates needs to rise a lot and soon.
lol how do you think the other half of the new world pays for their debts ever heard of Latin countries Money is a social symbol if someone values paper clips a lot then I can "Pay" them in paper clips is eye of the beholder friend.
head bank but they built there banking empire from the dirt up and somebody's got to do it.
There is no need to have money backed by any thing, Interest Keeps borrowers in check. When borrowers borrow to much the fed lowers interest rates, witch causes economic mayhem. We could make it so the fed can't take interest rates below %3.5 but than borrowers can get out of control and send us into hyperinflation. The money system we have is pretty good, Government is our problem there the one who are borrowing to much for there wars. it does not seem fare that a privet company gets to be.....
No, gold is not money. At all. It's a natural resource. Money is not a natural resource. End of story.
I don't believe even one word from mouth of Ben Bernanke, he is trying to beat around the bush and dodging the question rather than answering it directly, there is something not right with this guy. How can economy get better when people like chairman of JP Morgan sit on the board of directors of the Fed reserve, its a joke like letting hyenas guard your meat.
If you think Obama is our president then you are SORELY mistaken. Ben Bernanke is our president, because he controls the most important aspect of the country. But all the blind deluded people believe in this battle between Obama and Romney? Who the hell is Mitt Romney? Who the hell is Barack Obama? No one, Ben Bernanke is the man that we shoudl scrutinize, too bad most people don't know who he is. From now on, we should call him President Bernanke. And tell people about him.
so this is better avoided by using a fiat money backed by nothing?
again, you have no concept of free markets, and seem to not understand supply and demand. according to you farmers own the world, what a joke.
people act as if we switch back to the gold standard the value of gold would stay what it is now. it would sky rocket and money would not be a problem. end the fed
also at todays price there is only $1,200 worth of gold per person with a fast growing world population.
with 9 gold coins and dose not buy any cut meat or bread. No matter if its a miner selling to a farmer, the farmer ends up with all the gold, thus how easy the gold standard is to manipulate. the baker the butcher a miner have to buy of the farmer but the farmer does not need to buy of them.
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