Ron Paul rips the federal reserve

[Jeff556]

http://www.youtube.com/watch?v=A4kxTkhwR_Q&mode=related&search=

Enjoy. =)

[Jeff556]

dude, I am not going to YouTube simply to watch a pol...YouTube is for entertainment...something along the lines of:

http://youtube.com/watch?v=Ug75diEyiA0

Are you kidding me? Did you really just say that?

First off, you make "going to YouTube" sound like you have to climb a 955456456784 foot mountain with handcuffs on when all you have to do is click on the link and watch the five minute video play.

Second, Youtube is the same as any kind of media, the radio, your television, the newspaper, an internet web site, etc. All these types of media can be used for many different purposes, they can be used as a tool for entertainment and they can be used to voice political arguements. Youtube is a media used by millions of americans for many different purposes and it has made its creators BILLIONS of dollars. Do you really think a global billion dollar media tool is used just for idiotic videos like the one you just posted? Your arguement implies that media itself is soley for entertainment.

I have been posting on the internet for about ten years now, and if this is not one of the dumbest responses to any thread that i have started it is certainly in the top 5.

Dude, go out and surf or something and leave the political arguements to the intellectuals. Every moment that you spend on this forum is a waste of your time.

[Jeff556]

I would like to return this thread back to its original purpose so here is the video again:

http://www.youtube.com/watch?v=A4kxTkhwR_Q&mode=related&search=

If anyone would like to discuss the video then please post here. If you have a problem with the media I am using please send me an email or a private message.

[Jeff556]

The federal reserve is quite helpful in keeping our monetary policy in balance. Unless you have much more money than you need, inflation is your enemy- the fed keeps a nice balance between healthy growth and tame inflation. Little else in the federal government is actually helpful to the poor and working class (unless you think handouts are truly helpful). If your monthly budget is tight, you want the feds to keep inflation under control.

Whats this? Someone is actually making an arguement instead of responding with some one-lined insult? I agree with you the infliation is our enemy but the fastest way to infliation is when you have a goverment that spends money that they don't have and when you have a private bank that operates with no oversight and pumps who-knows amount of dollars into the economy. As Ron Paul said in the video the dollar today is only worth four cents compared to the dollar that the federal reserve started with.

The fed does CONTROL infliation there is no doubt about it, but do they control it for the better or for the worse?

I do believe that our goverment should be able to borrow money because as Thomas Jefferson said other nations would be able to destroy us with the power of their credit, but I dislike our current system and I am very suspicious of putting the power to create the nations money supply in the hands of people like Alan Greenspan. The goverment borrows and spends way to much and the federal reserve is always happy to print the money for them because it doesn't cost them jack sh**t to print a dollar and yet we have to pay interest on it with our labor. When you are trillions and trillions of dollars in dept you are paying a sh**tload of interest no matter how low the rate is (and the interest rate on the national dept is certainly not low).  Remember, infliation hurts the middle and poor class but benefits the rich, and right now its the rich who control our economy with no oversight or accountablility. Should we, as taxpayers just simply trust these rich private bankers to do what is right for the people instead of what is right for them?

But whatever, I am not an expert but the whole federal reserve system is just very fishy to me.