Ron Paul on Federal Reserve, banking and economy



Uploaded by: markiegreg
Video Description:
Excepts of Congressman Ron Paul (R-TX) from the documentary "FIAT EMPIRE - Why the Federal Reserve Violates the U.S. Constitution." Dr. Paul discusses the origins, operations and results of the Federal Reserve System and fiat currency on the U.S. and global economy.
The entire film, Fiat Empire, can be accessed at http://www.FiatEmpire.com or directly at Google Video at http://video.google.com/videoplay?docid=5232639329002339531 &hl=en
"This Telly Award-winning documentary on the Federal Reserve System was inspired by the well-known book, "The Creature From Jekyll Island" by G. Edward Griffin, and features presidential candidate, RON PAUL. To order a high-quality DVD or VHS tape (by mail) with up to 160-minutes of additional in
terviews, go to http://www.FiatEmpire.com/screener. To get instant downloads in a range of qualities, go to http://www.mecfilms.com/mid/ppv/ppvhome.htm and select from the "Documentaries" menu. Find out why some feel the Federal Reserve System is a "bunch of organized crooks" and others feel its pr
actices "are in violation of the U.S. Constitution." Discover why experts agree the Fed is a banking cartel that benefits mainly bankers, their clients in need of easy money and a Congress that would rather increase the National Debt than raise taxes. Produced by William L. Van Alen, Jr., the 1-hou
r documentary is a co-production between Matrixx Productions and Cornerstone Entertainment and features interviews by, not only G. Edward Griffin, but Congressman Ron Paul (R-Texas); MOVIEGUIDE Founder, Ted Baehr; and constitutional attorney, Edwin Vieira (4 degrees from Harvard). FIAT EMPIRE was wr
itten and directed by James Jaeger and narrated by Kris Chandler. Associate producers are Ted Pollard, author and former Commissioner of Radnor Township and James E. Ewart, well-known author of MONEY. Use a DVD for personal screenings and a VHS tape for free public and private screenings. For more
information on FIAT EMPIRE visit http://www.FiatEmpire.com or the mirror site at http://www.mecfilms.com/fiat. For various political, economic, sociological, media-related and philosophical essays by James Jaeger and others, visit UNIVERSAL ISSUES at http://www.mecfilms.com/universe. For new films
and updates on Matrixx Entertainment's activities, visit http://www.mecfilms.com/update.htm


Tags for this video: bankers banking changers congressman currency debt Federal fiat inflation international money order Paul reserve Ron

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

Related Videos
Ron Paul - Gulf of TonkinNeo-CONNED! by Congressman Ron Paul - Part 1 of 11RP PEC Video
ron-paul-gulf-of-tonkin.htmlron-paul-gulf-of-tonkin.htmlron-paul-gulf-of-tonkin.html
Ron Paul Revolution - PhoenixREP. RON PAUL FOR PRESIDENT | REAL TIME W BILL MAHER 3-30-07Ron Paul on the issues
ron-paul-gulf-of-tonkin.htmlron-paul-gulf-of-tonkin.htmlron-paul-gulf-of-tonkin.html


Share This Video:       StumbleUpon       del.icio.us       Reddit       digg       Furl       Spurl       Simpy       YahooMyWeb


Comments for this video: Show || Hide
Comments for this video on YouTube
Too bad it's so ... ( 6 days ago by LakaGivafuck420)
Too bad it's so hard to understand something about which was designed to be uninteresting to the average Joe. I like the way you put it rather than try to read and understand thought I try. Also, a lot of people won't bother so long as it doesn't affect them either or enough to make them take action.
watch?v=Mr6ZbkKnc78 ... ( 6 days ago by phrek75)
watch?v=Mr6ZbkKnc78
Great video about freedom going down the drain.
What are you ... ( 5 days ago by Bcapitalist)
What are you talking about? An ounce of Gold buys hundreds of gallons of gas. Every time they print money the value of every dollar that you have in the bank goes down. Our kids will never get out of debt with this current system. They print money and sell it to us with interest. How is that growth?
byteeeemeeee is ... ( 5 days ago by ghaws)
byteeeemeeee is referring to a simple concept: IT IS ABOSOLUTELY ESSENTIAL TO SEPARATE THE POWER TO PRINT MONEY FROM THE POWER TO SPEND IT. That is why the Fed is independent from the Federal Government; it's private shareholders have a vested interest in keeping inflation at a low level (which they have done if you compare inflation to historic levels). If you give politicians the power to control the printing press, they invariably bankrupt the country through the inflation tax.
Gold, silver, and ... ( 5 days ago by ghaws)
Gold, silver, and copper are all arbitrarily chosen commodities. You might as well choose pork bellies as a currency peg, as it's effectively the same thing. The problem with using all hard assets (gold coins) as currency is that it renders the banking system ineffective -- you can't clear a check for a large sum as easily if you have to move a caravan full of gold across the damn country. Invariably, you'll always come back to "IOU's". And that's exactly what paper money is: IOUs.
Actually, if the ... ( 5 days ago by ghaws)
Actually, if the economy had to grow with less and less currency in circulation (if there were no printing press), it would be a lot worse, because then you would see DEflationary pressure! Businesses are all forced to chase FEWER units of currency, and have to lower prices, squeezing profits. And when everyone does that, it becomes a societal behavior that is self-fulfilling: everybody hunkers down and stops spending completely, and the economy stops working. This is sill the case in Japan!
Fewer units like ... ( 4 days ago by Bcapitalist)
Fewer units like pennies that are all lying around on the ground and sitting in coffee cans for years?
watch?v=GNqdn7vNxIU ... ( 4 days ago by phrek75)
watch?v=GNqdn7vNxIU&feature=related
Its well under way, americans pls wake up.
No no no. Remember ... ( 4 days ago by ghaws)
No no no. Remember, the economy GROWS. People start new businesses, new services and technologies are invented, productivity increases. Because the economy is growing, and volume of transactions increases, and the demand for currency increases (recessions do occur, but usually, in the long term, you see growth
— & yes, there is a "demand" for money just like any other asset). So, you need to keep the supply of money roughly constant so prices don't go either up OR down too much.
As the economy ... ( 4 days ago by 64gpcmbh)
As the economy grows a responsible government should purchase more gold to increase circulation... This is exactly what he is talking about... Giving the control and power that is inherent in money back to the people and allowing them another means of keeping THEIR government in check...
The Fed and Income tax via the 15th ammendment are unconstitutional look at supreme court rulings in the late 1910's and read the words of Jefferson and Jackson regarding the gold standard and central banking..
What are you ... ( 3 days ago by Bcapitalist)
What are you talking about ghaws? The amount of paper Fed notes have nothing to do with growth. You don't need to print more worthless notes, just make our money "sound money" which actually has value. This would make a dollar or penny worth more and That DOES NOT hinder the amount of transactions. Gold buys the same amount of oil as it did 100 years ago. When you print money from nothing every dollar that you have in your bank account loses more value. That's what really makes prices go up.
Wrong. In the ... ( 3 days ago by ghaws)
Wrong. In the short term, the supply of money does indeed affect the real economy (monetary stimulus). In the long run, it can lead to inflation. Your claim that gold buys the same amount of oil today as it did 100 years ago is also dubious, as the supply of and demand for each commodity has certainly changed over time. The value of the currency is backed by the underlying real activity of the economy. As I had said, arbitrarily pegging its value to a commodity can be difficult and unwise.
Im not talking ... ( 2 days ago by jimjim28)
Im not talking about NO printing press, im talking about congress being able to print money. JFK thought it was a good idea, thats why it happened for a couple months. Then he died and everything went back to normal. We fought to free ourselves from a tyranny that controlled us through money, only to be sold out by President Wilson, and he knew he did the wrong thing.
YOU understand it, ... ( 2 days ago by jimjim28)
YOU understand it, why cant our congress? Separating the power to print money and spend money? Thats a load of shit. If the congress acts unjustly, it is the people who check them. But you cant expect Americans like yourselves to do that, you're merely pawns.
so true...... too ... ( 1 day ago by aliensexfiend)
so true...... too many americans r just too stupid to see they're gettin scammed in the most obvious way.... wake up ppl
Wait, you trust * ... ( 1 day ago by ghaws)
Wait, you trust *politicians* enough to let them coin money? And you're na
ïve enough to believe that they won't abuse that power to get re-elected? I don't believe you even understand the difference between fiscal policy and monetary policy. When politicians, who have short-term interests driven by the political cycle, are entrusted with the printing press, they tend t
o abuse that power to get re-elected; they have an even bigger vested interest in inflationary spending than the bankers do!
They cannot control ... ( 1 day ago by Bcapitalist)
They cannot control the printing press if the money is sound and real. There is nothing easier to understand than that.
Yes Ghaws the ... ( 1 day ago by Bcapitalist)
Yes Ghaws the bankers (Fed) can print the money, than charge us interest on it. They print a dollar, we pay it back plus interest, while at the same time all of the money that we had in our bank accounts has just lost value. That's called "monetary stimulus". And the best part is that it is impossible to ever pay it back. Wow...brilliant. Or maybe we can try fiscal responsibility for once!
Look dude, any ... ( 1 day ago by ghaws)
Look dude, any fixed exchange rate regime is only as good as the credibility of the fiscal and monetary policy backing it. Even if monetary policy is flawlessly executed, if the market loses confidence in the solvency of the sovereign, the same thing happens to your "gold standard" as just happened to Bear Stearns. Unless you can keep politicians from all acts of fiscal profligacy, any "gold standard" is illusory and risks a speculative attack like George Soros' breaking the bank of England.
BING BING BING 10 ... ( 1 day ago by joneselius)
BING BING BING 10 POINTS!
If people had watched Zeitgeist aaaages ago, you'd already know this. You can NEVER make the debt back, it's actually impossible, your' gold is gone, your' assets are GONE, your' economy GONE, eee he he heee, it's funny really, they tricked everyone (paper has value) ahhhh ha ha ha I shouldn't p
oke fun, I only learned this through phuckin loads of reading, and wait.... Britain ... Noooooo, we are all doomed. Down with money!!! Paper receipts for OUR GOLD!!!
Did you get all ... ( 1 day ago by ghaws)
Did you get all your economic smarts from watching YouTube?? Would you at least please read the manual before you believe in every piece of conspiracy theory crap you stumble across? Do you also believe in bigfoot and the loch ness monster? The hole in that argument is thus: the Federal Reserve returns all of its trading profits to the coffers of the United States Treasury at the end of every year. All that Federal Reserve interest goes right back to the taxpayers. Look it up!
BZZZZZZTTT!!! ... ( 1 day ago by ghaws)
BZZZZZZTTT!!! WRONG. Please google, "debunking federal reserve conspiracy theories". Feel lucky. Read. Absorb. Become enlightened. Eat humble pie. Are you all so collectively conceited as to think that your ideas are somehow novel? Do you think that every single policymaker in Washington is so unambiguously corrupt or mentally deficient that they'd allow that to happen? Some people spend their entire careers thinking about these things! What did you guys do? Watch a video on YouTube?
Ghaws we will never ... ( 1 day ago by Bcapitalist)
Ghaws we will never agree on this, I do not believe in bigfoot but when the aliens take me into their ship at night they give me the heads up on the best You Tube videos to watch. This is not a conspiracy it is actually happening, the Fed was actually created and we are actually paying interest on the new money that gets put into circulation, the dollar and Euro are actually consistently losing their value, creating inflation. No conspiracies about it. It's simple truth , just look around you.
So, since we have ... ( 9 hours ago by ghaws)
So, since we have firmly established that the Fed "was actually created", would you please be so kind as to explain the mechanism by which we "pay interest on the new money that gets put into circulation" in light of the fact that the Fed returns its net earnings to the Treasury? If you have a problem with moderate, predictable inflation, I suggest not saving your money by stuffing it into your mattress. If everyone saved that way, we would all be forced to get student loans from Tony Soprano.



Tell a friend:


URL 
Embed Code