Ron Paul vs Bernanke: Is Gold Money?

• Ben Bernanke Makes Insane Comments On Gold
  By Lee Rogers, Roguegovernment.com, http://theintelhub.com/
  Ben  Bernanke who today was testifying in front of a Congressional Committee  made the assertion that gold is not money during an exchange with  Congressman Ron Paul.
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  He even went as far to say that central banks  only hold gold because of tradition. Of course, both of these  statements are completely absurd because gold has been recognized as a  form of money for thousands of years and is still today recognized as a  storer of value. The reason why the gold price keeps going up is  because people recognize it as something that will maintain value in the  face of economic uncertainty.
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  Central banks hold gold because it represents real wealth where as monetary units like Euros, Dollars, Yen  and other currency systems are nothing more than an illusionary concept  that is only based on the premise of people’s confidence.  These  currencies are either printed or created on computer systems as digital  credits and are not backed by any real financial asset.
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  Regardless of  what you think about gold or other precious metals, it is a historical  fact that gold has maintained its value for thousands of years and for  Bernanke not to recognize this very simple concept is more proof that  his agenda is only to promote confidence in an otherwise broken system.
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  Most people don’t understand how the central banking systems of  the world work and this is why Bernanke and other assorted central  banker bozos can get away with making insane statements such as the ones  Bernanke made today.
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  The reason why governments around the world  maintain huge piles of debt on their books is because the system is  designed to facilitate that exact phenomenon.  The central banks of the  world create money out of nothing and loan that money at interest to  governments who give them bonds or debt in exchange.
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  This forces the  people into perpetual debt enslavement as the governments implement  draconian taxes on the population to pay the interest they now owe back  to the central bank.  This system is nothing more than a pryamid scheme  much like the types of scams that people like Bernie Madoff and other  white collar criminals have run.
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  …. for the full article click here!

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