• Monetary Metals
    05/02/2016 - 01:28
    The price of gold shot up this week, and silver moved proportionally. Headlines are screaming for gold to hit $10,000 or $50,000. Does this alleged new bull market have legs?

Ron Paul To Ben Bernanke: "People Lose Trust In The Government Because You Lie To Them About Inflation"

Tyler Durden's picture




 

Anytime Ron Paul sits across from Ben Bernanke you know sparks will fly. Sure enough, they did: starting 3 mins 50 seconds into the clip below, Ron Paul, guns blazing, asks the Chairman if he does his own shopping, if he is aware of what true inflation is, and if he knows that Americans don't trust the government because they are being lied to about inflation. And it only gets better, once Paul starts brandishing a silver coin. The punchline: "The Fed will self-destruct anyway when the money is gone" - amen. And ironically letting the Fed keep on doing what it is doing will achieve that in the fastest possible way. In fact, letting the system cannibalize itself with no further hindrances may be the best option currently available - just go to town.

0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 02/29/2012 - 13:39 | 2208642 prains
prains's picture

bitchez

 

 

 

Mcbitchez

Wed, 02/29/2012 - 12:59 | 2208449 Silver Bug
Silver Bug's picture

Ron Paul for the win again. Great video! Ron Paul 2012!

 

http://ronpaul2012blog.blogspot.com/

Wed, 02/29/2012 - 18:12 | 2210032 Fíréan
Fíréan's picture

or is he after something else ?

here's an interesting artcile, for those who don't mind to read more than 200 words, on Ron Paul's association with Mitt Romney . . .

 

http://www.nakedcapitalism.com/2012/02/mark-ames-why-is-ron-paul%E2%80%9...

Wed, 02/29/2012 - 15:19 | 2209138 undercover brother
undercover brother's picture

When you calculate inflation by omitting food and energy, the two components your policies create the largest amount of inflation in, you are no better than Bernie Madoff.  You're bigger, but no better.    

Wed, 02/29/2012 - 16:09 | 2209391 Randall Cabot
Randall Cabot's picture

I just saw Bernanke in the supermarket, he was looking over a jar of Manishevitz's Jellied Gefilte Fish and I heard him mutter to himself, "Son of a bitch, the price of this shit is going right through the fucking roof".

Wed, 02/29/2012 - 17:28 | 2209816 mkkby
mkkby's picture

You are lying... I was there too.  He said, I'm a gonna have to print myself a bigger fucking wallet.

Wed, 02/29/2012 - 18:19 | 2210056 akak
akak's picture

Did you happen to notice if Ben was wearing his little bag of Jew Gold around his neck when you bumped into him in the supermarket?  I hear they are required to wear it at ALL times.

Wed, 02/29/2012 - 16:12 | 2209413 tocointhephrase
tocointhephrase's picture

ItZ Hammer Time, OMLord! http://www.youtube.com/watch?v=otCpCn0l4Wo Blythe, you can't touch this! Nadler you work hard but you might as well quit! Oh Oh (Hoof Hoof) Papers gettin smashed cant touch this Ohh oh werrr weerrrr Cant touch this. Yo you cant touch diz home bowy you cant touch this Dimon you can't touch diz

Wed, 02/29/2012 - 17:12 | 2209748 Hugh G Rection
Hugh G Rection's picture

This idealistic dinosaur and his delusional "principles" make me ill.

After a hundred years of global monetary control, does he believe we would let our empire be threatened by a populist movement?

 

Wed, 02/29/2012 - 17:15 | 2209760 akak
akak's picture

Proud to be the first to junk your cynical, defeatist bullshit.

Wed, 02/29/2012 - 17:34 | 2209852 Hugh G Rection
Hugh G Rection's picture

"Defeatist" HA!

We the Zionists hold captive the world in fiat chains.  The more you struggle, the more your wrists will bleed.

Prepare your children for war.  We will use our media and false flag operations to escalate wars in the ME.  Iran will fall, and its banks/resources will be absorbed into our Zionist machine.

If Russia and China interfere in our meddling, we will gladly usher the world into another world war.

Wed, 02/29/2012 - 18:47 | 2210151 Hugh G Rection
Hugh G Rection's picture

Notice the length on the video???

Reminds me of the day the market blasted through the strikes on my Morgan Stanley, United/American Airlines put options.

"Never let a crisis go to waste." or more appropriately, "Never waste an opportunity to create a crisis."

I most confess to be a little worried upon inital reports of Mossad agents arrested for documenting and celebrating the attacks, even more so for the 2 agents stopped on the GW bridge in a truck full of explosives...

What a fool was I.  You can never overestimate the stupidity of the Gentile.

Nothing to see here...LMAO!

http://wikispooks.com/wiki/9/11:Israel_did_it

Wed, 02/29/2012 - 22:20 | 2210789 fuu
fuu's picture

Hi MDB.

Wed, 02/29/2012 - 12:39 | 2208289 TruthInSunshine
TruthInSunshine's picture

Truth in brevity.

Amazing clip of The Bernank getting owned.

The Bernank (aka Shakey 'CTRL+P' McShakester) knows, despite the temporary games distorting the price of precious, that each and every time he eases another boatload of paper fiat into the bankster black hole, precious (and all commodities) will always reveal his trickery & the entire fractional reserve debt pyramid scam.

Even Krugman himself has probably quietly begun to hoard barbaric relics in anticipation of what's to come.

Wed, 02/29/2012 - 12:41 | 2208344 resurger
resurger's picture

And Komrade Warren.

interesting times to see

 

Wed, 02/29/2012 - 17:11 | 2209724 Uchtdorf
Uchtdorf's picture

And Dave Ramsey.

Wed, 02/29/2012 - 14:21 | 2208890 optimator
optimator's picture

And they're prepared for when the sheeple finally wake up and start doing something about it.

Wed, 02/29/2012 - 12:42 | 2208352 Abiotic Oil
Abiotic Oil's picture

Evidence of massive vote fraud against Ron in S. Carolina.  We believe he actually won, at least, Maine and Nevada.

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B_wWk...

Wed, 02/29/2012 - 13:03 | 2208469 BoNeSxxx
BoNeSxxx's picture

and iowa...

Wed, 02/29/2012 - 13:06 | 2208490 forexskin
forexskin's picture

Evidence of massive vote fraud against Ron in S. Carolina.  We believe he actually won, at least, Maine and Nevada.

https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B_wWk...

Wow, this is great - needs to be seen and subject to wide debate. Thanks!

Wed, 02/29/2012 - 13:50 | 2208706 Abiotic Oil
Abiotic Oil's picture

Need to spread the word, we are "allowed" to vote because it doesn't matter.

Ron is pulling crowds of 4000 to his campaign events where Santorum is pulling 300 a few miles away and yet "winning" the meaningless popular vote.  Doesn't make much sense other than something isn't right.

Live Free or DieBold

Wed, 02/29/2012 - 14:00 | 2208762 Bansters-in-my-...
Bansters-in-my- feces's picture

@forexskin.

I tried to give you a green up,but your counter is not counting.

I tried many times and still no go.

 

Wed, 02/29/2012 - 14:31 | 2208953 BoNeSxxx
BoNeSxxx's picture

for some reason starting a post with italics kills the voting buttons.

if you put a space or a normal charatcer (i.e. quotation mark) at the beginning, then it's fine.

fwiw

Wed, 02/29/2012 - 14:43 | 2209007 faustian bargain
faustian bargain's picture

i think it's a glitch that has something to do with the italics text formatting.

Wed, 02/29/2012 - 15:38 | 2209226 smiler03
smiler03's picture

It doesn't work with Google Chrome, it does work with IE9.

Wed, 02/29/2012 - 15:38 | 2209235 Silver Dreamer
Silver Dreamer's picture

As always and as history proves, it only matters who counts the votes, not how the people voted.  The delegate votes are tallied in secret of course.  This is why I call it a selection, not an election.  The candidate is selected for us folks.  We the People lost our ability to elect our representatives a LONG time ago.

Wed, 02/29/2012 - 13:49 | 2208697 AgShaman
AgShaman's picture

Ron Paul needs to galvanize his supporters and institute the "Absolute Agenda"

Wed, 02/29/2012 - 12:50 | 2208399 joq
joq's picture

F*** you Bernanke, from the bottom of my heart. You are a true traitor and a very bad human.

Wed, 02/29/2012 - 17:32 | 2209847 mkkby
mkkby's picture

Ron Paul should bring back the Andrew Jackson days, and just go at the Benanke with a hickory cane.

Wed, 02/29/2012 - 13:01 | 2208460 Hobbleknee
Hobbleknee's picture

Tyler,

Note the proper way to link to a specific time in a video:

http://youtu.be/H4uL6CSiGrU?t=50s

 

Click the Share button in youtube, then Options...  if you don't want to add the time perameters manually.

 

Love,

Mike

Wed, 02/29/2012 - 15:36 | 2209216 Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

I heart Ron!

Wed, 02/29/2012 - 12:30 | 2208257 Squishi
Squishi's picture

Bernanke will give head this spring in public for TRANSPARENCY! 

Wed, 02/29/2012 - 12:30 | 2208258 Cdad
Cdad's picture

And the whopper lie:  "We are not spending anyone's money." B. Bernanke

Wed, 02/29/2012 - 12:37 | 2208284 hedgeless_horseman
hedgeless_horseman's picture

 

 

Spending?  No.  They are merely TAXING EVERYONE'S money via the inflation tax.

 

Wed, 02/29/2012 - 13:04 | 2208482 Cdad
Cdad's picture

Spending no?  Last I checked, he was spending all of our USDs on hundreds of millions of USTs.  And that is just for starters.

He is spending all of us into oblivion.

Wed, 02/29/2012 - 13:48 | 2208527 hedgeless_horseman
hedgeless_horseman's picture

<--- Passed jr. high civics class

<--- Failed jr. high civics class

 

Congressmen, such as Ron Paul, do the spending in America.  Last I checked, Bernanke is many things, but congressman is not one of them.

Did you even read Ron Paul's letter on the inflation tax at this link?

...

The third option is for the Federal Reserve to create credit to pay the bills Congress runs up. Nobody objects, and most Members [not named Ron Paul] hope that deficits don't really matter if the Fed accommodates Congress by creating more money. Besides, interest payments to the Fed are lower than they would be if funds were borrowed from the public, and payments can be delayed indefinitely merely by creating more credit out of thin air to buy U.S. treasuries. No need to soak the rich. A good deal, it seems, for everyone. But is it?

 

The “tax” is paid when prices rise as the result of a depreciating dollar. Savers and those living on fixed or low incomes are hardest hit as the cost of living rises. Low- and middle-incomes families suffer the most as they struggle to make ends meet while wealth is literally transferred from the middle class to the wealthy. Government officials stick to their claim that no significant inflation exists, even as certain necessary costs are skyrocketing and incomes are stagnating.

...

http://www.lewrockwell.com/paul/paul334.html

Wed, 02/29/2012 - 13:50 | 2208699 GeneMarchbanks
GeneMarchbanks's picture

hedgeless,

I passed, anyway, civics is being phased out in many high schools across the country and not by mistake. They're getting the younguns ready to compete with Chinese for a role in the corporate circle jerk.

Wed, 02/29/2012 - 18:44 | 2210145 Grinder74
Grinder74's picture

Stop using the words "circle jerk" everyone.  You're making Obama miss Reggie even more.

Wed, 02/29/2012 - 14:33 | 2208830 cranky-old-geezer
cranky-old-geezer's picture

 

 

Bernanke is directly responsible for inflation, which is expansion of the money supply, and Bernanke is the biggest money supply expander of all.

However, Bernanke is not responsible for rising prices.  People in general are responsible for that.  People raise prices of whatever they're selling because they perceive the dollar losing value. 

No, it's not a direct correlation.  Price raises typically lag expansion of the money supply by several months, and can be affected by other factors as well, like supply & demand.

If merchants were to use the price of gold or silver as a guide in setting their own prices, it would probably be the most accurate barometer of all, and would more or less shield them from the effects of Bernanke's currency printing.

However, merchants typically set prices based on their costs to make the product available for sale, or some other factor like "what the market will bear" (which is a supply & demand factor).

Ron Paul needs to go take Econ 101 just like Bernanke does.

And by they way, Bernanke is right when he says he's not spending other people's money.  

But he IS spending other people's wealth.

Wed, 02/29/2012 - 14:50 | 2209033 faustian bargain
faustian bargain's picture

are you saying there is evidence of trends in overall prices rising during a period when the money supply contracts? Because the 'lag' you cite means nothing. It's simply the 'trickle down' time of inflation (that's one thing that does trickle down).

 

Wed, 02/29/2012 - 13:51 | 2208712 Seer
Seer's picture

You're closer...  They're USING everyone's money.  News Flash: This is what POWER does!  RP knows all this, that's why he wants to abolish the Fed, the MIC, the IRS etc...

Wed, 02/29/2012 - 12:36 | 2208296 bdc63
bdc63's picture

his total denial that anything he does has any impact whatsoever on inflation is really growing old ...

Wed, 02/29/2012 - 12:51 | 2208400 ghostfaceinvestah
ghostfaceinvestah's picture

Yeah, funny how he is responsible for inflating the stock market, but not inflating commodities.

Does anyone believe his bullshit anymore?

Wed, 02/29/2012 - 16:47 | 2209592 Widowmaker
Widowmaker's picture

FUCK NO!

History will tear Bullshit Bernanke to pieces.

 

Wed, 02/29/2012 - 12:37 | 2208303 Cliff Claven Cheers
Cliff Claven Cheers's picture

Guantanamo detainees get new $750G soccer field

At least Ron and the other Americans rounded up under the NDAA will have a nice soccer field to play on.  Beats just sitting in a cell I guess and it is all compliments of CLown Bux.

Wed, 02/29/2012 - 12:51 | 2208337 TruthInSunshine
TruthInSunshine's picture

That he claimed he "is not spending taxpayer money" with a poker face is all the proof anyone needs that he's a textbook sociopath.

 

  • Pathological Lying

Has no problem lying coolly and easily and it is almost impossible for them to be truthful on a consistent basis. Can create, and get caught up in, a complex belief about their own powers and abilities. Extremely convincing and even able to pass lie detector tests.

  • Lack of Remorse, Shame or Guilt

A deep seated rage, which is split off and repressed, is at their core. Does not see others around them as people, but only as targets and opportunities. Instead of friends, they have victims and accomplices who end up as victims. The end always justifies the means and they let nothing stand in their way.

  • Indifference to Suffering of Others

Not concerned about wrecking others' lives and dreams. Oblivious or indifferent to the devastation they cause. Does not accept blame themselves, but blames others, even for acts they obviously committed.

  • Callousness/Lack of Empathy

Unable to empathize with the pain of their victims, having only contempt for others' feelings of distress and readily taking advantage of them.


  • Promiscuous Sexual Behavior/Infidelity 

Promiscuity, child sexual abuse, rape and sexual acting out of all sorts.

Wed, 02/29/2012 - 13:06 | 2208492 Cdad
Cdad's picture

Amen.  Ben Bernanke is a criminal in size and scope never before seen on planet Earth.

Wed, 02/29/2012 - 13:48 | 2208693 Confused
Confused's picture

Amen. Ben Bernanke is a criminal in size and scope never before seen on planet Earth, SINCE GREENSPAN.

 

Fixed it. He is just as much a part of the current mess as any ass clown we have seen.

Wed, 02/29/2012 - 19:18 | 2210247 Iwanttoknow
Iwanttoknow's picture

I agree.

Wed, 02/29/2012 - 13:54 | 2208708 Ace Ventura
Ace Ventura's picture

I tend to agree, although I would classify Chopper Ben as more of a 'public affairs' sort of figurine head. The criminals of which you speak of are his puppetmasters, working in the shadows of very old money power, their faces rarely seen. If you want to know who these vermin are, simply follow the ownership money-trail of every major banking house and corporate megalopoly...to their eventual apexes. There you will find them and their spawn, perched like gargoyles overseeing their vast and growing global empires.

Do NOT follow this link or you will be banned from the site!