Ron Paul on Kudlow and Company, 07/16/08 Part 2

Uploaded by: VirginianRebel
Video Description:
Kudlow praises Paul for his performance at the Federal Reserve hearings. Paul stands up for hard money and a gold standard while the panel makes excuses for Bernanke.
It is time that America listens to those who have been correct about our current financial crises - the Austrian economists. No more monetarists, Keynesians, or big governments enablers! Money should be in the hands of the people, not the government!
To learn more visit the Mises Instititute:
www.mises.org
Part 1
http://www.youtube.com/watch?v=O5vEM-FlMtg
www.VirginianRebel.com

Tags for this video: and Ben Bernanke CNBC Company Kudlow Paul Ron

Find more videos in the "News" category
See more videos uploaded by VirginianRebel

Related Videos

Ron Paul on Fox Business News	Ron Paul Interview on CNBC	Ron Paul's Message to OBAMA!

Ron Paul Interview on KET (Part 1 of 3)	RON PAUL 4409 -- Wipe Israel off the map...blah blah blah	Conservative Larry Kudlow Blames Financial Crisis On Poor

Share This Video:

Comments for this video: Show || Hide

Comments for this video on YouTube

"I want a lender of ... ( 3 months ago by averageworkinggal)

"I want a lender of last resort will a good strong dollar policy."
"We didn't have the gold standard in the 80s and we had great money."
But Ron Paul disagrees.

Average, I could ... ( 3 months ago by subiesisters)

Average, I could only wish Congress could control or destroy the Fed. When the Fed is privately owned by Jews, I do not see how that is possible. I do not like what we have now and I sure don't want it for my children. I vote for destroying the Fed.

But like RP says, ... ( 3 months ago by sonsofliberty53)

But like RP says, Congress LOVES the Fed cause they LOVE to spend money which the Fed monetizes
for them.
Hell, we have to break Congress's dependency on spending as bad as we need to get rid of the Fed.

why are you ... ( 3 months ago by twohseven)

why are you bringing 'jews' into this, you don't have to use that word because then you are discriminating and creating separation(illusion) and making this mess more confusing for others.

Two, I used to ... ( 3 months ago by subiesisters)

Two, I used to think that way too. Why should I say "Jews" just because people who call themselves "Jews" are controlling U.S. media and government? Then I thought, why not? Is it better to pretend they don't? They sure have no problem blaming Pres. Bush. I can play the game too. Susie

Say Zionists ... ( 3 months ago by sonsofliberty53)

Say Zionists instead. Jews have set things up so you can't use the lORdS name in vaain anymore.

Why do so many ... ( 3 months ago by sonsofliberty53)

Why do so many assholes defend the Fed?
What planet are they from?

excessive ... ( 3 months ago by lapresdmididufaune)

excessive keynsianism?? when bridges collapse and FEMA is useless? c'mon... the war in Iraq is not true keynsianism

The Fed will never ... ( 3 months ago by readthepaper)

The Fed will never have a strong dollar policy, at least for any substantial period of time. They will always inflate, what is a strong dollar policy, 3% per year? 4%? 10%? It's so arbitrary and against the rule of law, just like the Fed's actual existence. The 80's saw rampant inflation, which lead to interest rates breaking 20% and a ton of unemployment. With a gold standard rates could remain lower while retaining the currency's value, you should read Murray Rothbard's works.

Deficit financing, ... ( 3 months ago by readthepaper)

Deficit financing, fiat currency, government regulation, fixed rates, parity pricing, etc. What's not Keynesian about it?

The Fed early on ... ( 3 months ago by averageworkinggal)

The Fed early on had a strong dollar policy and caused two depressions - the 1921 Depression, which had a steeper decline than the Great Depression but was cut short by tax cuts, and the Great Depression which tax and tariff inceases worsened into the Great Depression.

The 80s did not see ... ( 3 months ago by averageworkinggal)

The 80s did not see rampant inflation.
The 80s saw low inflation and low interest rates and a strong dollar.
A gold standard will not work with an import economy like ours because they're won't be any gold in the bank. The gold will have to be used to pay for the imports.
The gold standard had to be discarded when US imports increased in the 1970s.
"Gold is not the magic cure."

A strong dollar ... ( 3 months ago by readthepaper)

A strong dollar policy of loaning more money to Europe than every domestic loan combined? The 1921 Depression and the Great Depression were both brought about by easy money policies, through extending ridiculous credit to Europe post-WWI and then being paid back with our own money. We propped up the pound sterling by pouring hundreds of millions of dollars of gold into Britain. We loaned Germany money to pay her former enemies, who in turned paid us with our own dollars.

The inflation rates ... ( 3 months ago by readthepaper)

The inflation rates of the 1980s were high, contrary to what you may think, but were kept in check by outlandish interest rates. Volcker and many of the Fed governors of that time period would apply restraint to the economy before another boom could create a huge bust, in fear of repeating the errors of the 1970s all over again. The beauty of gold is that it keeps inflation in check. If inflation occurs and domestic prices rise, gold flows out of the nation - what could be a better check?

Did Ron Paul just ... ( 3 months ago by Doveshack101)

Did Ron Paul just say he will endorse Bob Barr in September?

re gold: "it all ... ( 3 months ago by tillo2008)

re gold: "it all went down basically at the turn of the century"
The USD is based on OIL! if france wants to buy oil from spain, they have to do it in America Dollars.
Few people realize that part of the gulf war was because Saddam decided to sell oil in Euros (bad press that americans usually don't want to hear).
Other countries are talking of this as well, and THAT is part of the problem both in the oil prices AND the American Economy.

no, he clearly said ... ( 3 months ago by tillo2008)

no, he clearly said no to the question. I think when he said he'd make some sort of announcement - that is when he will announce any endorsement.

LOL? The Euro ... ( 2 months ago by Invicted)

LOL? The Euro didn't even exist during the Gulf War... you mean the Iraq War?

Never listen to a ... ( 2 months ago by billy2bob)

Never listen to a man who has a bow-tie made in the merry old land of OZ. (3:34)

watch Money Masters ... ( 2 months ago by avkisel)

watch Money Masters to understand what the hell is going on in the U.S. - (what jews own the Fed. and the BoE) and how the world is really run - the film was endorced by M.Friedman - the Nobel Prize winner for in the economics

Keep up the Good ... ( 1 month ago by mrmjackson)

Keep up the Good work RON PAUL.
CAMPAIGN FOR LIBERTY!!!

ron paul had the ... ( 1 month ago by andrewh817)

ron paul had the crisis covered 8 years ago..... why didn't anyone else in congress?

The intent of the ... ( 1 month ago by thomasst2)

The intent of the First Gulf War was essentially to marginalize Iraq as a regional power. Despite his war debt, Saddam had been made increasing powerful due to US and European military and WMD enhancement during the Iran-Iraq war. He had outlived his usefulness after overthrowing Gen Qassem, who nationalized Iraq's oil from Western hands, and he reduced Iran's influence with the war. Client states are supposed to be quiet. Just do what the West wants then shut up and recycle petrodollars.

Markets are fucked ... ( 1 month ago by judoskeleton)

Markets are fucked because of the central bank system you fools. The free market does not exist so long as the fed is in existence.

Tell a friend:

URL
Embed Code