Congressman Ron Paul on Monetary Policy hearing

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Congressman Ron Paul statement following the Financial Services Committee hearing on the state of the economy with Fed Chairman Ben Bernanke

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: GOPFinancialServices

Length: 02:02
Rating: 5.0
Views: 12801


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democratsaresmart (November 30, 1999 at 12:00 am)
OBAMA, DEMOCRATS, USA ; WAKE UP ! RON PAUL DOESNT KNOW HOW TO CREATE JOBS! POPULATION OF CHINA IS 1.4B, POPULATION OF USA IS 310 MLN ! RON PAUL USES WORDS ;CONSTITUTION AND LIBERTY , DEEP INSIDE HE DOESNT HAVE AN ANSWER HOW TO CREATE JOBS, CHINESE WORK LIKE ROBOTS, AMERICAN PEOPLE WILL NEVER WORK LIKE ANTS, WAKE UP AMERICA, RON PAUL IS DANGEROUS FOR OUR COUNTRY, HE GIVES USA BAD NAME AROUND THE WORLD! WHAT KIND OF AMERICAN CALLS HIS OWN PEOPLE WAR CRIMINALS? RON PAUL MUST BE PROSECUTED!
toknow07 (November 30, 1999 at 12:00 am)
this Ron Paul is CRAZY
arthurwmacalpine (November 30, 1999 at 12:00 am)
If we didn't have a private Federal Reserve we would have a Nationalized Central Bank run by loons like Barney Frank, Bernie Sanders, and the like. You gotta love Ron Paul and his message, but in a world with dumb liberals in Congress, the Fed is the lesser of two evils :/
arthurwmacalpine (November 30, 1999 at 12:00 am)
If we didn't have a private Federal Reserve we would have a Nationalized Central Bank run by loons like Barney Frank, Bernie Sanders, and the like. You gotta love Ron Paul and his message, but in a world with dumb liberals in Congress, the Fed is the lesser of two evils :/
seekanddestroy09 (November 30, 1999 at 12:00 am)
what is 8 mill in a country that nears 2 trill in debt? that 8 mill possibly would yield a profit eventually . shrimp is costly. ron probably has friends in that industry if you what i mean
UnsavoryMen (November 30, 1999 at 12:00 am)
The Congressman Ron Paul who wants govt to get out everything and do nothing is the same guy who requested 8 million $ in govt money in FY 2007 for wild shrimp marketing. Where in the US Constitution does it say govt should get involved in marketing shrimp ?
vryheid88 (November 30, 1999 at 12:00 am)
Theoretically yes, if the money supply stays constant, or only grow very gradually, but in practise it does not work this way. You need a commodity standard as a restriction. Mind you: the M3 has not only increased fast the past year or so, it has increased SUPERfast.
jlott00 (November 30, 1999 at 12:00 am)
support
EricRamirezRodriguez (November 30, 1999 at 12:00 am)
In fact, it's not necessary to have a standard, whenever the quantity of currency doesn't increase fast.
ComeClarity999 (November 30, 1999 at 12:00 am)
It doesn't matter what metals you choose as the standard, as long as you stick with it. The quantity of money makes no difference. There's plenty of gold and silver for a gold/silver standard. All it means is that a dollar won't be worth 1/35 ounce anymore. It'd be more like 1/2000 ounce or something like that.

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