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Ron Paul on Fox Business News

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Ron Paul gives his take on the bailout to rescue the collapsing global financial markets. 9/24/08digg it! http://digg.com/world_news/Ron...

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: fagan411

Length: 09:56
Rating: 4.95
Views: 108629

Tags: Austrian  bailout  bretton  depression  devaluation  dollar  economics  federal  fiat  inflation  keynesian  mises  money  Paul  reserve  Revolution  Ron  woods  

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Video Comments

Truthnadv (November 30, 1999 at 12:00 am)
good video I like your approach to business if you get a chance check out my videos I have some more useful information on there.
RajahBrooke (November 30, 1999 at 12:00 am)
I'm a European, and I'm very proud of the fact that we did this in Europe first. We're suffering as much from this crisis as are the Americans. If I wanted the US economy, and it's people to shrivel and die, I would suggest staunch fiscal conservatism and balancing the budget. Hoover would approve.
SuperSexyBoiGod (November 30, 1999 at 12:00 am)
Every european wants to see American citizens suffer with increase tax and increase inflation and lower value for the dollar, but that is akin to torturing the slaves of the plantation because the Massah of the house ordered poor farming causing blight on his neighbors land. What should happen is what happened in France to Marie A.
DrzPrincesz1 (November 30, 1999 at 12:00 am)
CAN SOMEONE PLEASE TALK TO MEANYONE UP? I NEED SOMEONE TO TALK TO ip
2image2image (November 30, 1999 at 12:00 am)
CAN SOMEONE PLEASE TALK TO MEwant to chat with singles LY
RajahBrooke (November 30, 1999 at 12:00 am)
Cheers!! I try not to fall into hyperbole if it can be avoided. I just don't understand people who want the government to shrivel up and do nothing at all to try and soften the blow from this crisis. I suppose it's true that the economy would readjust- but at what cost? What level of human suffering are we willing to see? The last thing we need is for this recession to turn into a depression.
rendubot (November 30, 1999 at 12:00 am)
I would actually have hope for our future if ron paul was president I do not believe obama will make the necessary changes we need to save this country Ron Paul gives me hope.
ttpmvo (November 30, 1999 at 12:00 am)
money is not backed by anything thing its legal tendertherefore its worthless paper the goverment keeps making to control the publicend of story
LUEcifer (November 30, 1999 at 12:00 am)
You're basically telling me what I've been saying all along. Of course commodity backed currency experiences periods of inflation/deflation, but the value can fluctuate in either direction. The trust system we have now will ALWAYS devalue our dollar. 700 billion dollar bailout anyone?
origen01 (November 30, 1999 at 12:00 am)
Inflation is caused simply by an increase in money supply. A commodity backed currency is not exempt as it is also subject to increases in supply (e.g. Gold Rushes). They do indeed protect against govt. overspending and hyperinflation--but as I brought up in a an earlier post economies frequently face deflationary periods when the supply of the commodity dries up.

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