• http://www.youtube.com/profile?user=LiquidSmooth LiquidSmooth

    Well, I have worked behind the scenes. He is friends with all these people you think hate him.

    All these roman catholics hang together. Ron Paul is actually catholic. He is baptist only in name for political reasons. This is why he only has catholics working on his homeschool curriculum. And they are some of the worst catholics, Tom Woods, Dilorenzo, Gary North. All are notorious for corrupting history to favor the Catholic Church.

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  • http://www.youtube.com/profile?user=vexx506 vexx506

    Man.. I hate that, when Paul is no threat he’s everyone’s best friend, but when he’s actually got a chance to become president (arguably the best since Thomas Jefferson) he is invisible to them.

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  • http://www.youtube.com/profile?user=romanickerz roman ickerz

    If you really want to make extra money, you should look up on google Certor Cash Code. They can guide you and help you get the financial freedom you deserve.

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  • http://www.youtube.com/profile?user=djancak djancak

    Yes, gold is a hedge in the sense that people try to use it in order to protect themselves from suffering a loss in dollar value, but it’s just another useless bubble-forming hedge. It works in the same way that all of these stock market rackets work – invest in stock, then hype up the value, and then dump the shares on some suckers. It’s not serving to curb inflation, it’s serving as a way to exploit economic crises for some savvy investors personal profit. Might as well be investing in tulips.

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  • http://www.youtube.com/profile?user=theoriginalanomaly theoriginalanomaly

    This use of gold I think you must admit makes it exceptional in comparison to other commodities. It makes a lot more sense to use gold as the measure then other commodities. I would argue that it makes more sense then using dollars as well. Even if you try and adjust for inflation, which is mostly based off of gov’t figures who would like to keep that number artificially low.

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  • http://www.youtube.com/profile?user=theoriginalanomaly theoriginalanomaly

    I agree mostly. However, due to the fact that gold as a commodity has little use other then to store value, it is a different type of commodity. Silver, Palladium, Corn, Wood etc these are commodities which are useful in production. Yes, I know gold is used in some applications, however, its main use is to store value and as a way to hedge against inflation risk. In the 1980’s inflation was high, thus it was being used as a hedge against the future inflation, which got curbed.

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  • http://www.youtube.com/profile?user=djancak djancak

    “But looking at stable commodities for the devaluation of dollars can be fairly accurate” Yes I agree with this statement – my point is you can’t just arbitrarily choose one and just use that, because often those commodities are NOT stable, like gold. If we were to use the price from 1980 instead of 1940 and use that for our measuring rod for house pricing today it would be *way* off. It’s accurate when it’s accurate, it’s not when it’s not – we need a better system than that, and that’s by fiat

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  • http://www.youtube.com/profile?user=theoriginalanomaly theoriginalanomaly

    Consumer goods are naturally deflationary. To argue the value of the dollar has not fallen due to consumer good prices going down is silly, though I am not saying you are doing that. But looking at stable commodities for the devaluation of dollars can be fairly accurate. Also home prices in 1940s were around 3000 to 5000$ with gold at 35 an oz, at 5k it’d be 142.85 oz. Today’s gold price and 142 ozs would get you a 214,000$ home. Still pretty accurate.

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  • http://www.youtube.com/profile?user=SSerrasqueiro S Serrasqueiro

    oohh true! this clip i want to dance! AND.. use this to get it on your pod > bit.ly/10j0a3Y?=nwtri

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  • http://www.youtube.com/profile?user=MichaelBradson Michael Bradson

    START EARNING REAL MONEY NOW. STOP WASTIN YOUR TIME
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  • http://www.youtube.com/profile?user=Ph03nixReborn Ph03nixReborn

    My very own twin produced 15 million gold coins and decided he was remarkable. He kept it secret though I pleaded with him even so I found tips on how after I examined his internet history. Hahaha… Busted. He got great at buying and selling using the Zappo Fifa Gold System (Google it!) Me telling you this is gonna annoy the hell outta him…

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  • http://www.youtube.com/profile?user=danny13947 danny13947

    1:03 skip to it

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  • http://www.youtube.com/profile?user=MichaelBradson Michael Bradson

    Earn up to 3000$+ per month for real with FIREPA.COM

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  • http://www.youtube.com/profile?user=escapethecollapse escapethecollapse

    Bitcoin is a nice place to be until we have real money again.

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  • http://www.youtube.com/profile?user=Baldwynmayhem Baldwynmayhem

    I’ll agree with you on that mate, I mean “any commodity” literally colud be used as “money”, it’s the acceptance of it generally, totally agree.

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  • http://www.youtube.com/profile?user=MichaelBradson Michael Bradson

    Stop wasting your time and start making real money now with FIREPA.COM
    Its real money and fast: Its paying me more than $3.000 monthly.
    Check it out.

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  • http://www.youtube.com/profile?user=djancak djancak

    1) Gold has not “held it’s value” any more than any other commonly used commodity on the market, including gas. 2) The value of gold is denominated in dollars, so measuring the value of gold in dollars then saying that the dollar has lost its value is sort of silly. i do agree that the dollar is losing its value, but measuring it by the price of gold is pointless. if you measured it against the CPI of houses you’d think that the dollar had suddenly gained a lot of value, which clearly isn’t true

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  • http://www.youtube.com/profile?user=djancak djancak

    1) gold is NOT a “superconductor” 2) being a conductor or insulator or semiconductor is irrelevant. 3)being shiny is just as irrelevant as being dull. 4) i already knew paper has no intrinsic value. 5) most people would choose the equivalent amount of cash over gold because gold is an illiquid asset. 6)the CPI for gold does not indicate that it should be ‘the standard’ any more than the CPI for housing. it’s incredibly dangerous to only tie the value of the money to commodities that form bubbles

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  • http://www.youtube.com/profile?user=filmjunkie998 filmjunkie998

    Same here guys, I think most like minded people voted this way.

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  • http://www.youtube.com/profile?user=filmjunkie998 filmjunkie998

    Gold has held it’s value, it’s the dollar that has lost value, therefore making everything more expensive (including Gas, duh!) and meanwhile the price of an ounce of gold in DOLLARS skyrocketed………

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  • http://www.youtube.com/profile?user=filmjunkie998 filmjunkie998

    wrong, it’s a superconducter. Which makes it VERY important for your computer and this technology based society.

    It’s also shiny, and not arbitrarily printed by corrupt fucks who don’t care about you.

    FYI: no intrinsic value in paper either, as a matter of fact, if you put a dollar and an equal amount of gold next to it, adjusting for CPI for the last thirty years, a dollar and piece of gold for each year respectively.

    You’d see exactly why people hate paper money now.

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  • http://www.youtube.com/profile?user=filmjunkie998 filmjunkie998

    Almost like the sequel to the movie that turned me onto the liberty movement, a fitting end for a diplomatic career!

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  • http://www.youtube.com/profile?user=filmjunkie998 filmjunkie998

    haha, sounds like his retirement is going AWESOME!

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  • http://www.youtube.com/profile?user=LouisA.McCaIIII Louis A. McCaII II

    …………………………

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  • http://www.youtube.com/profile?user=FURYCHAOS184 FURYCHAOS184

    What is this obsession with gold?

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  • http://www.youtube.com/profile?user=djancak djancak

    why do you keep asserting gold as being ‘better money’? it’s far more difficult to work with than fiat. most of the value produced by an economy cannot be reflected by gold as it is a scarce resource, whereas a fiat money system can grow steadily with the advancement of a nation’s economy. yes, fiat can fail miserably, but it has far more to do with political instability, economic and fiscal policy than it has to do with fiat money. the more important debate is about ending crony capitalism.

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  • http://www.youtube.com/profile?user=thetruesleuth thetruesleuth

    there is no such thing as intrinsic value but gold is a better money than the keyboard you are using and it is better than pieces of government paper too

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  • http://www.youtube.com/profile?user=thetruesleuth thetruesleuth

    imagine if they had had fiat

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  • http://www.youtube.com/profile?user=djancak djancak

    I don’t see why you would want to bring up the Romans as an example, considering their silver and gold money became totally debased.It’s a good example of how the value of money isn’t really tied to the availability of an arbitrarily chosen commodity, but rather it has far more to do with political pressures and personal preferences.

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  • http://www.youtube.com/profile?user=djancak djancak

    “In this modern era, it doesn’t have to.”
    I agree.
    “Malthusian Detected…explain how we got this far, or why you think it can’t get into the trillions”
    I’m not a “Malthusian” just because I make a plain observation. If you reproduce faster than you can acquire resources to sustain yourself, then you’re going to be in poverty or possibly die off. I think it’s obvious ‘how we got this far’, and I never said it can’t get into the trillions.
    “Any country on EARTH would prefer payment in gold.” No.

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  • http://www.youtube.com/profile?user=djancak djancak

    that’s fine if that’s what he’s referring to but the point remains that “gold is the ultimate money” is simply not true. there is no more ‘intrinsic value’ in gold than there is in this keyboard i’m typing on or the meal you ate earlier.

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  • http://www.youtube.com/profile?user=djancak djancak

    i’m aware of that possible problem with fiat, which is why it’s important to have a government that can be held accountable for its decisions. however, gold has quite a lot of its own flaws that can be readily abused, and the economic consequences of when the flaws of a gold standard arise, they are far less manageable than fiat. if all the gold stops flowing for whatever reason, the economy crashes. if the fiat stops flowing, you can turn the nozzle a bit and keep the economy stable.

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  • http://www.youtube.com/profile?user=djancak djancak

    i sure hope you weren’t intending to make any point because you certainly made no point.

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  • http://www.youtube.com/profile?user=Badtreewater Badtreewater

    Worth is relative.

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  • http://www.youtube.com/profile?user=james64468 james64468

    wow we both voted the same :D I hope one day we see fed gone and more jobs and less government.

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