And how was it so great in those days? Please tell me. Seriously. You tin foil hat wearing fantasists are astounding. There was no mythical magical time of plenty for the masses under the gold standard. It is every bit a fantasy as the far lefty socialism...
Crypto Tishbite once again not one tin foil hat wearing simple minded fool can or will even attempt to answer this question: when was this time of plenty for the masses? When was there EVER in ANY place a better time for the masses? It was CERTAINLY NOT better during the idiotic gold standard years - that is a FACT. You cannot answer because never before have so many people had as much leisure time, food and shelter. It is far from perfect and always will be with humans involved but still better than ever. All these goofs sit around all day wringing their hands at the international bankers - how delusional and what a waste of a short life! Ron Paul has been crying about the impending disaster for 30 years - he is WRONG.
Crypto Tishbite and your name having crypto, you do not see the endless scams in THAT arena? Hack after hack, endless crap coins with no use or value- on and on! I own some too but see FAR more scammary if/when it catches on to actually use it...
@@AARDFD When we hit negative interest rates we will see bank runs and a run to stsblencoins and crypto. They created this game. Fiat money is scam its backed by a printing press and feds. I ask you the question what has the feds done beneficial in your life besides control booms and busts?
There is no way you can do that, JFK wanted to do that but this was the reason he was killed In fact all the presidents that were against Bank Central and/or Federal Reserve were killed
Host can't even imagine a world without having to borrow money into existence. Born into slavery and can't imagine a life without being a debt slave and making his children and their children's children debt slaves. Wow.
The Fed was contrived by bankers, using the excuse that 'unregulated' money (which it wasn't) caused boom bust cycles. Yet they presided over the biggest depression and several boom bust cycles themselves, and reduced the value of the dollar to about 3% of its early 1900s value. If there was anything like a fair judgement on the Fed they'd have been closed down during the 1930s. So, so very annoying when these commentators have a patronizing attitude as this utter waste of a guy is.
Ron: "Look at the late 19th century when there was no fed and the greatest period of economic growth ever" Interviewer: "That doesn't apply because we have technology now" What a fricking dolt.
it's difficult to follow along with RPs line of thinking when the producers bombard you with distracting images, it is as if they don't want you to pay attention to his answers
The comments are on point. What difference does a blackberry or plumbing have to do with corruption of trade by use of a fractional reserve currency controlled by a foreign cartell of men not subject to government control (in any meaningful way). Our entire system of law has changed due to the change from a system where money of intrunsic value circulates to the system we have where obligatioins become the circulating currency. But the government uses the "education system" (it would more aptly be termed indoctrination) to insure that the majority of Americans is totally ignorant of what money is and how it functions, and ignorant of the legal system and how to protect ourself using it. Instead the attorney's are the button men because all judges are attorney's (except oddly the one does not have to be an attorney to be on the supreme court). The system is completely corrupt and this broadcaster who is no journalist (ff he was he would not have a voice on CNN or any other corporate owned media).
I think this interview shows that all the statements made by Ron Paul are correct but what is missing the explanation in sample language how the life of average Joe will change without the FED, hoping that people will read history is naive.
I suspect its because it encourages spending to keep the velocity of money moving. Otherwise if it was continuously stable you could just save it and horde it forever which could restrict spending, stimuli and gdp. The way the system is setup, it favors debt and spending over saving. It is a poor foundation for a strong currency but I suspect it is why they behave this way.
He was right about Bitcoin too. Most of my friends laughed at me when I bought Gold, Silver (American Eagles Coins) and Bitcoin in. 2013. Now in 2022 they live off of unemployment and stimulus. 💵💵💵💵💵💵
Ali, quit marginalizing the value of learning from history. He is not wanting to go back to the late 1800's and live with bad plumbing. These guys don't get common sense economics, they want to make the economy rocket science and have lost sight of the core concepts of basic economic principles that would put this country on the right track. Grow up!!
Fractional reserve lending. There is your problem. Lending the same dollar out to nine different borrowers all at the same time and no one can see a problem with that, so long as the Fed isn’t audited.
When you fail to relate to history Every generation is a new born baby in ignorance Revere relate and respect history and you go hire you don’t have to relearn everything
I get it. Personal liberty takes precedence over interpretive morality. But choosing to live morally is also a personal lifestyle choice, and falls under personal liberty.
Honestly cnn did a good job covering Ron Paul I don’t know how they strayed so far to being the propaganda machine theyve become anyways love hearing Ron Paul talk dude is a true revolutionary and speaks the natural language of freedom and prosperity I will share those words on the megaphone as this place burns haha 😂
Too bad the youth think they are so smart. Dismissal of Ron Paul is stupid. A better system most definitely could be designed and honestly, should have been all along.
This is plain stupid by ron paul, we have to remember the time the economic crises lasted much longer and were much frequent when there was no fed(although fed is not perfect the real trouble in usa is with fiscal policy)
Anything that has admin keys that allow a developer to make changes to the fundamental code of how it operates - is not real crypto. Real crypto is good. Bitcoin is not real crypto
I agree that real crypto is the solution. No middle men, no margin, no derivatives. Bitcoin has derivatives and the code can and has been changed at any moment by arbitrary people though, so it's disqualified as cryptocurrency
The host shows the very problem with this country, ignorance
Exactly
read this comment after I sent mine. Both see ignorance. Obviously had an agenda of his own instead of wanting to learn.
CNN, you were expecting actual business talk? 😂
Not ignorance. He's paid to defend the central banking mafia. His problem is immorality, not ignorance.
yeah, he's an asshole, perfect corporate journalist
End the Fed!
We wished that would of happened...
This country was run without a federal reserve and we can do it again
And how was it so great in those days? Please tell me. Seriously. You tin foil hat wearing fantasists are astounding. There was no mythical magical time of plenty for the masses under the gold standard. It is every bit a fantasy as the far lefty socialism...
So what has the Fed's done for us besides take your money from your paycheck, print money out of thin air and control boom's and busts?
Crypto Tishbite once again not one tin foil hat wearing simple minded fool can or will even attempt to answer this question: when was this time of plenty for the masses? When was there EVER in ANY place a better time for the masses? It was CERTAINLY NOT better during the idiotic gold standard years - that is a FACT. You cannot answer because never before have so many people had as much leisure time, food and shelter. It is far from perfect and always will be with humans involved but still better than ever. All these goofs sit around all day wringing their hands at the international bankers - how delusional and what a waste of a short life! Ron Paul has been crying about the impending disaster for 30 years - he is WRONG.
Crypto Tishbite and your name having crypto, you do not see the endless scams in THAT arena? Hack after hack, endless crap coins with no use or value- on and on! I own some too but see FAR more scammary if/when it catches on to actually use it...
@@AARDFD When we hit negative interest rates we will see bank runs and a run to stsblencoins and crypto. They created this game. Fiat money is scam its backed by a printing press and feds. I ask you the question what has the feds done beneficial in your life besides control booms and busts?
Man! We need more Ron Pauls.
Ron Paul for president.
End the Fed
There is no way you can do that, JFK wanted to do that but this was the reason he was killed
In fact all the presidents that were against Bank Central and/or Federal Reserve were killed
@@Charles-hy6gp Not this time
@@Charles-hy6gp yep… very true.
@@Charles-hy6gp Or they made unsuccessful attempts on their life, such as with AJ.
One man can learn MORE about government in 1 hour from this man than their whole life at school! sadly...
Host can't even imagine a world without having to borrow money into existence. Born into slavery and can't imagine a life without being a debt slave and making his children and their children's children debt slaves. Wow.
Slaves sometimes can't imagine their freedom.
The only politician I have ever liked
The Fed was contrived by bankers, using the excuse that 'unregulated' money (which it wasn't) caused boom bust cycles. Yet they presided over the biggest depression and several boom bust cycles themselves, and reduced the value of the dollar to about 3% of its early 1900s value. If there was anything like a fair judgement on the Fed they'd have been closed down during the 1930s.
So, so very annoying when these commentators have a patronizing attitude as this utter waste of a guy is.
Ron: "Look at the late 19th century when there was no fed and the greatest period of economic growth ever"
Interviewer: "That doesn't apply because we have technology now"
What a fricking dolt.
Haha blackberry txt go brrrr
If the fed can "print money" each time they smash into the debt ceiling so should the people 😂
I do now. I stopped filing taxes in 2020 when they tried to take my freedoms. Join me. It's my lil way of printing money
it's difficult to follow along with RPs line of thinking when the producers bombard you with distracting images, it is as if they don't want you to pay attention to his answers
"DISTRACTIONS" EXACTLY!!! 💯
The comments are on point. What difference does a blackberry or plumbing have to do with corruption of trade by use of a fractional reserve currency controlled by a foreign cartell of men not subject to government control (in any meaningful way). Our entire system of law has changed due to the change from a system where money of intrunsic value circulates to the system we have where obligatioins become the circulating currency. But the government uses the "education system" (it would more aptly be termed indoctrination) to insure that the majority of Americans is totally ignorant of what money is and how it functions, and ignorant of the legal system and how to protect ourself using it. Instead the attorney's are the button men because all judges are attorney's (except oddly the one does not have to be an attorney to be on the supreme court). The system is completely corrupt and this broadcaster who is no journalist (ff he was he would not have a voice on CNN or any other corporate owned media).
Well said.
The worlds most successful con game. Disgusting.
Every time Ron speaks he makes valid points.
He would have got my vote in 2012 if they didn't screw him out of a spot.
Always a pleasure listening to Dr. Ron Paul 🙌🏼
I think this interview shows that all the statements made by Ron Paul are correct but what is missing the explanation in sample language how the life of average Joe will change without the FED, hoping that people will read history is naive.
Man probably has a lot of actual assets that out values the dollar and credit
Why does the Fed want to inflate currency 2% a year - genuine question
That's precisely the amount of they economy they think they can get away with stealing every year
I suspect its because it encourages spending to keep the velocity of money moving. Otherwise if it was continuously stable you could just save it and horde it forever which could restrict spending, stimuli and gdp.
The way the system is setup, it favors debt and spending over saving. It is a poor foundation for a strong currency but I suspect it is why they behave this way.
At face value, why is the fed necessary? The treasury can print/issue money without incurring debt.
2:52 "... but they're [the Fed] trying to increase unemployment..."
Freudian slip? Kind of ironic.
BUMP 2022 its all going to shit you warned us thank you for your service I feel no one listened unfortunately. BUT SOME OF US DID
Hey! This guy has read his Rothbard and Mises
8 years later almost, and Boom! They are gone!
Lol who’s they. Gone?Ron?lol
What?
Yuhhh what?? The fed is even bigger now than ever before. Printing ALL THE MONEY 2020 wtf....
He was right about Bitcoin too. Most of my friends laughed at me when I bought Gold, Silver (American Eagles Coins) and Bitcoin in. 2013. Now in 2022 they live off of unemployment and stimulus. 💵💵💵💵💵💵
Boy, did Ron Paul call it... about everything.
Ron Paul: The Best American President we never had...DEFUND THE FED
Defund the Fed is too tame for me.... Can we tack on "nuke davos next WEF summit"?
What would it look like?
A cup of coffee would be 10 cents instead of 6 dollars
10¢ but in silver 🥈🥈🥈🙏🙏🙏
we are back at 2008 ,so lets repost this
Ali, quit marginalizing the value of learning from history. He is not wanting to go back to the late 1800's and live with bad plumbing. These guys don't get common sense economics, they want to make the economy rocket science and have lost sight of the core concepts of basic economic principles that would put this country on the right track. Grow up!!
He is simple minded and does not understand the complexity of the economy...
Rocket science? More like science fiction...
Dr. Paul: We should allow competition like we had back in the early 19th century.
This dolt: BuT We dIDnT HaVe PlUmBinG BaCk ThEn LOL derr
Ron paul was right about abolishing the fed after all these years
Fractional reserve lending. There is your problem. Lending the same dollar out to nine different borrowers all at the same time and no one can see a problem with that, so long as the Fed isn’t audited.
@@rokyericksonroks Correction - as of 2020 it's zero reserve
This is aging veeeeeerrrrry well!
Like a fine wine. Jesus, he was right this whole time
Excellent book on the history of the Fed: "The Creature from Jekyll Island"
And here we are. He was right.
He’s not wrong. 🤷🏼♂️
Ron word aged like fine wine.
END THE FEDDDDDDD
I hope we end the fed someday
When you fail to relate to history
Every generation is a new born baby in ignorance
Revere relate and respect history and you go hire you don’t have to relearn everything
I get it. Personal liberty takes precedence over interpretive morality. But choosing to live morally is also a personal lifestyle choice, and falls under personal liberty.
Is it pedophilia mania, or the opposite?
Honestly cnn did a good job covering Ron Paul I don’t know how they strayed so far to being the propaganda machine theyve become anyways love hearing Ron Paul talk dude is a true revolutionary and speaks the natural language of freedom and prosperity I will share those words on the megaphone as this place burns haha 😂
Too bad the youth think they are so smart. Dismissal of Ron Paul is stupid. A better system most definitely could be designed and honestly, should have been all along.
Watch End the fed Eustace Mullins
Message 155
This is plain stupid by ron paul, we have to remember the time the economic crises lasted much longer and were much frequent when there was no fed(although fed is not perfect the real trouble in usa is with fiscal policy)
Ron Paul must love bitcoin
What a jerk,! Too much logic.!??
The interviewer is so caught up in authority worship that he cannot even conceive of a world without central planning of money.
END CNN
bitcoin doy doy
Anything that has admin keys that allow a developer to make changes to the fundamental code of how it operates - is not real crypto. Real crypto is good. Bitcoin is not real crypto
BTC is the solution
I agree that real crypto is the solution. No middle men, no margin, no derivatives. Bitcoin has derivatives and the code can and has been changed at any moment by arbitrary people though, so it's disqualified as cryptocurrency