Gold is money - except if you're Bernanke

[The Northerner]

Run time: 01:53 https://www.youtube.com/watch?v=pZx0wvkyWbs   Posted on YouTube: July 18, 2011 By YouTube Member: RussiaToday Views on YouTube: 304   Posted on DU: July 18, 2011 By DU Member: The Northerner Views on DU: 760

 
Watch full episode 165 of Keiser Report on Tuesday. This week Max Keiser and co-host, Stacy Herbert, look at the political theatre of America's AAA rating in a land where gold is not money and shoplifting is a sign of a strong economy. In the second half of the show, Max talks to Amir Taaki, founder of BitcoinConsultancy, about the peer to peer currency, Bitcoin, and its recent trials and tribulations.

[banned from Kos]

1. Bernanke is correct - gold is not money - it is an asset like a car is

the RonPaulbots cannot change that fact.

[blank space]

2. Yeah exactly,

its just weird.

Chinese are using property as an escape from inflation (like Gold) - does that mean a house is money ?


Ron Paul is the biggest idiot on earth. Anyone who starts ranting about Ron Paul goes straight on my "Do not talk to this idiot ever again" list.