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Thread: Video: Ron Paul questions Ben Bernanke in House Testimony, 11/18/08

  1. #1

    Video: Ron Paul questions Ben Bernanke in House Testimony, 11/18/08

    [URL="http://www.youtube.com/watch?v=MVBFd9PbcNg&eurl"]http://www.youtube.com/watch?v=MVBFd9PbcNg&eurl[/URL]

    2 points to take from this:

    1) The Austrian economists predicted this crisis years ago, long before the Keynesians. Why, then, isn't the Austrian theory of the business cycle taught in American schools? Could it be because the Austrian theory correctly exposes the Federal Reserve as the true cause of bubbles?

    2) Remember Ron Paul's warning of the end of the international dollar-based system that began in 1971 and the birth of a new international reserve currency/currencies.

  2. #2
    Bernanke comes across as so incompetent

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