Ron Paul To Bernanke: Is Gold Money?
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IndicusMaximus
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Re: Ron Paul To Bernanke: Is Gold Money?
Is money money?
Blessed are the poor in spirit, for they will see God.
Under the shadow of thy wings, Jehovah.
Under the shadow of thy wings, Jehovah.
Re: Ron Paul To Bernanke: Is Gold Money?
I've just reached enlightenment!IndicusMaximus wrote:Is money money?
Thank you.
Re: Ron Paul To Bernanke: Is Gold Money?
Bernake is scum...but that wasn't exactly Paul's finest moment either
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IndicusMaximus
- Posts: 1437
- Joined: Tue Apr 26, 2011 7:42 pm
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Re: Ron Paul To Bernanke: Is Gold Money?
What is the sound of one man starving?Egg wrote:I've just reached enlightenment!IndicusMaximus wrote:Is money money?
Thank you.
Blessed are the poor in spirit, for they will see God.
Under the shadow of thy wings, Jehovah.
Under the shadow of thy wings, Jehovah.
Re: Ron Paul To Bernanke: Is Gold Money?
HA!!!IndicusMaximus wrote:What is the sound of one man starving?Egg wrote:I've just reached enlightenment!IndicusMaximus wrote:Is money money?
Thank you.
Re: Ron Paul To Bernanke: Is Gold Money?
The difference is that in this case Bernanke was correct. Ron Paul may want a return to a commodity based barter system but I think that would require turning all of civilization on it's head in order to salve his own precious ego. Fuck the guy. Feed the poor.Mur wrote:Bernake is scum...but that wasn't exactly Paul's finest moment either
"If you don't think to good, don't think too much." Yogi
Re: Ron Paul To Bernanke: Is Gold Money?
Bernanke speaks and the dollar drops
The dollar tumbled on Wednesday, posting its worst performance against a basket of currencies in almost a month, after Federal Reserve chief Ben Bernanke said the Fed could inject more stimulus to the U.S. economy if it weakens further.
The dollar also fell to a record low against the Swiss franc, in the wake of Bernanke's testimony. The greenback hit a trough of 0.81820 franc, while the euro traded near $1.42, off the prior session's four-month low beneath $1.39 and on pace for its best day since April.
Surprisingly strong Chinese growth data also helped overshadow worries about the euro zone debt crisis after Fitch Ratings said an ambitious Italian deficit reduction plan would help stabilize the country's credit rating.
The euro held gains even after Fitch on Wednesday downgraded Greece deeper into junk territory, citing the absence of a new and fully funded financing program.
Bernanke "is making it plain that QE3 is still in the Fed's mind and is on the table," said Douglas Borthwick, managing director at Faros Trading in Stamford, Connecticut.
http://www.reuters.com/article/2011/07/ ... 2L20110713The dollar also fell to a record low against the Swiss franc, in the wake of Bernanke's testimony. The greenback hit a trough of 0.81820 franc, while the euro traded near $1.42, off the prior session's four-month low beneath $1.39 and on pace for its best day since April.
Surprisingly strong Chinese growth data also helped overshadow worries about the euro zone debt crisis after Fitch Ratings said an ambitious Italian deficit reduction plan would help stabilize the country's credit rating.
The euro held gains even after Fitch on Wednesday downgraded Greece deeper into junk territory, citing the absence of a new and fully funded financing program.
Bernanke "is making it plain that QE3 is still in the Fed's mind and is on the table," said Douglas Borthwick, managing director at Faros Trading in Stamford, Connecticut.
Re: Ron Paul To Bernanke: Is Gold Money?
Who gives a flying frog fuck about some stoopid basket of currency?
"If you don't think to good, don't think too much." Yogi
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IndicusMaximus
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Re: Ron Paul To Bernanke: Is Gold Money?
Flying Fucking Assholes.
Blessed are the poor in spirit, for they will see God.
Under the shadow of thy wings, Jehovah.
Under the shadow of thy wings, Jehovah.