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	<title>Comments on: Ben Bernanke Tries To Convince America That The Federal Reserve Is Good And The Gold Standard Is Bad</title>
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	<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad</link>
	<description>Are You Prepared For The Coming Economic Collapse And The Next Great Depression?</description>
	<lastBuildDate>Sat, 11 Jul 2015 18:41:00 +0000</lastBuildDate>
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	<item>
		<title>By: WCrispy</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-230186</link>
		<dc:creator><![CDATA[WCrispy]]></dc:creator>
		<pubDate>Wed, 17 Oct 2012 23:22:13 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-230186</guid>
		<description><![CDATA[You&#039;re saying that all these people who live paycheck to paycheck, spending it on tattoos and piercings, manicures and gold wheels, video games and McDonalds, are going to know that this propaganda exists in the first place?  If it wasn&#039;t for Die Hard with a Vengeance, the 99% wouldn&#039;t know what the Federal Reserve is.]]></description>
		<content:encoded><![CDATA[<p>You&#8217;re saying that all these people who live paycheck to paycheck, spending it on tattoos and piercings, manicures and gold wheels, video games and McDonalds, are going to know that this propaganda exists in the first place?  If it wasn&#8217;t for Die Hard with a Vengeance, the 99% wouldn&#8217;t know what the Federal Reserve is.</p>
]]></content:encoded>
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		<title>By: WCrispy</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-230180</link>
		<dc:creator><![CDATA[WCrispy]]></dc:creator>
		<pubDate>Wed, 17 Oct 2012 23:11:48 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-230180</guid>
		<description><![CDATA[It won&#039;t do anything.  We manufactuered crap cars and no one bought them.  What happened?  GM got free bail outs from all of their pals.  Raise minimum wage?  Like the CEOs will take a cut into their profits and bonuses.  Why do you think a sandwich costs $10 at Subway?]]></description>
		<content:encoded><![CDATA[<p>It won&#8217;t do anything.  We manufactuered crap cars and no one bought them.  What happened?  GM got free bail outs from all of their pals.  Raise minimum wage?  Like the CEOs will take a cut into their profits and bonuses.  Why do you think a sandwich costs $10 at Subway?</p>
]]></content:encoded>
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		<title>By: Anon</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-194540</link>
		<dc:creator><![CDATA[Anon]]></dc:creator>
		<pubDate>Tue, 31 Jul 2012 19:05:28 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-194540</guid>
		<description><![CDATA[Look, these financial scandals, and the ‘Fed’ won’t be going away anytime soon, UNLESS YOU GET UP OFF YOUR FAT, LAZY A**ES, and DO SOMETHING!

HR 459 passed by an overwhelming majority in the House, by a vote of 327-98!
Now, this bill (S.202) needs a vote in the Senate!

CONTACT YOUR SENATORS HERE:

AUDIT THE ‘FED’!
http://www.auditthefed.com/?mode=actionpage

End the Fed! Whether Congress Wants Us To or Not!
http://www.lewrockwell.com/boldin/boldin22.1.html
http://tenthamendmentcenter.com/2012/07/25/end-the-fed-whether-congress-wants-us-to-or-not/]]></description>
		<content:encoded><![CDATA[<p>Look, these financial scandals, and the ‘Fed’ won’t be going away anytime soon, UNLESS YOU GET UP OFF YOUR FAT, LAZY A**ES, and DO SOMETHING!</p>
<p>HR 459 passed by an overwhelming majority in the House, by a vote of 327-98!<br />
Now, this bill (S.202) needs a vote in the Senate!</p>
<p>CONTACT YOUR SENATORS HERE:</p>
<p>AUDIT THE ‘FED’!<br />
<a href="http://www.auditthefed.com/?mode=actionpage" rel="nofollow">http://www.auditthefed.com/?mode=actionpage</a></p>
<p>End the Fed! Whether Congress Wants Us To or Not!<br />
<a href="http://www.lewrockwell.com/boldin/boldin22.1.html" rel="nofollow">http://www.lewrockwell.com/boldin/boldin22.1.html</a><br />
<a href="http://tenthamendmentcenter.com/2012/07/25/end-the-fed-whether-congress-wants-us-to-or-not/" rel="nofollow">http://tenthamendmentcenter.com/2012/07/25/end-the-fed-whether-congress-wants-us-to-or-not/</a></p>
]]></content:encoded>
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		<title>By: Wake up</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-187562</link>
		<dc:creator><![CDATA[Wake up]]></dc:creator>
		<pubDate>Sun, 22 Jul 2012 09:14:27 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-187562</guid>
		<description><![CDATA[GOD has a very special place for Ben and his BUTTIES. ie: Rothchilds, Rockefellers, Morgans, and the list goes ....]]></description>
		<content:encoded><![CDATA[<p>GOD has a very special place for Ben and his BUTTIES. ie: Rothchilds, Rockefellers, Morgans, and the list goes &#8230;.</p>
]]></content:encoded>
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		<title>By: Pat</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-186073</link>
		<dc:creator><![CDATA[Pat]]></dc:creator>
		<pubDate>Thu, 19 Jul 2012 20:12:49 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-186073</guid>
		<description><![CDATA[[i]For example, whenever the U.S. government wants to spend more money than it takes in (which happens constantly), it has to go ask the Federal Reserve for it.  The federal government gives U.S. Treasury bonds to the Federal Reserve, and the Federal Reserve gives the U.S. government &quot;Federal Reserve Notes&quot; in return.  Usually this is just done electronically.

So where does the Federal Reserve get the Federal Reserve Notes?

It just creates them out of thin air.

Wouldn&#039;t you like to be able to create money out of thin air?

Instead of issuing money directly, the U.S. government lets the Federal Reserve create it out of thin air and then the U.S. government borrows it.

Talk about stupid.[/i]

I have issues with this. Having the government print money out of thin air instead of the Fed may eliminate national debt, but, it they follow the same practices of bailout and QE the fed has followed, you&#039;re still going to have inflation and stagnating wages. The best thing the government can do is only print enough to cover the population growth and regulate banks so they can&#039;t engage in fraudulent speculation. Other than that, if a company fails, let it fail. The bigger the fail, the better. Makes room for the smaller guys to grow. Somebody will buy the assets and the economy will recover on it&#039;s own. There needs to be a hard number regulating monetary value. Say...x number of dollars per capita.]]></description>
		<content:encoded><![CDATA[<p>[i]For example, whenever the U.S. government wants to spend more money than it takes in (which happens constantly), it has to go ask the Federal Reserve for it.  The federal government gives U.S. Treasury bonds to the Federal Reserve, and the Federal Reserve gives the U.S. government &#8220;Federal Reserve Notes&#8221; in return.  Usually this is just done electronically.</p>
<p>So where does the Federal Reserve get the Federal Reserve Notes?</p>
<p>It just creates them out of thin air.</p>
<p>Wouldn&#8217;t you like to be able to create money out of thin air?</p>
<p>Instead of issuing money directly, the U.S. government lets the Federal Reserve create it out of thin air and then the U.S. government borrows it.</p>
<p>Talk about stupid.[/i]</p>
<p>I have issues with this. Having the government print money out of thin air instead of the Fed may eliminate national debt, but, it they follow the same practices of bailout and QE the fed has followed, you&#8217;re still going to have inflation and stagnating wages. The best thing the government can do is only print enough to cover the population growth and regulate banks so they can&#8217;t engage in fraudulent speculation. Other than that, if a company fails, let it fail. The bigger the fail, the better. Makes room for the smaller guys to grow. Somebody will buy the assets and the economy will recover on it&#8217;s own. There needs to be a hard number regulating monetary value. Say&#8230;x number of dollars per capita.</p>
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		<title>By: LordRhynn</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-186035</link>
		<dc:creator><![CDATA[LordRhynn]]></dc:creator>
		<pubDate>Thu, 19 Jul 2012 19:09:51 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-186035</guid>
		<description><![CDATA[In the top photo, Bernake&#039;s hair appears to be held down on the sides and back by nothing save pure sweat. Perspiration.

This is a sure sign that he is lying. Which means gold is good and the Fed is baaaad.

The sweat of nervous uncertainty DOES. NOT. LIE.]]></description>
		<content:encoded><![CDATA[<p>In the top photo, Bernake&#8217;s hair appears to be held down on the sides and back by nothing save pure sweat. Perspiration.</p>
<p>This is a sure sign that he is lying. Which means gold is good and the Fed is baaaad.</p>
<p>The sweat of nervous uncertainty DOES. NOT. LIE.</p>
]]></content:encoded>
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		<title>By: MarkV2012</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-134582</link>
		<dc:creator><![CDATA[MarkV2012]]></dc:creator>
		<pubDate>Mon, 02 Apr 2012 06:46:05 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-134582</guid>
		<description><![CDATA[My take on the Fed:

http://www.quickmeme.com/meme/3okmti/]]></description>
		<content:encoded><![CDATA[<p>My take on the Fed:</p>
<p><a href="http://www.quickmeme.com/meme/3okmti/" rel="nofollow">http://www.quickmeme.com/meme/3okmti/</a></p>
]]></content:encoded>
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		<title>By: LilyPooper</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-132855</link>
		<dc:creator><![CDATA[LilyPooper]]></dc:creator>
		<pubDate>Thu, 29 Mar 2012 20:54:48 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-132855</guid>
		<description><![CDATA[Many people do]]></description>
		<content:encoded><![CDATA[<p>Many people do</p>
]]></content:encoded>
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		<title>By: Michael</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-130628</link>
		<dc:creator><![CDATA[Michael]]></dc:creator>
		<pubDate>Sun, 25 Mar 2012 02:52:08 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-130628</guid>
		<description><![CDATA[Yes - whether it is &quot;hard money&quot; or &quot;soft money&quot;, any future money must be debt-free.

Michael]]></description>
		<content:encoded><![CDATA[<p>Yes &#8211; whether it is &#8220;hard money&#8221; or &#8220;soft money&#8221;, any future money must be debt-free.</p>
<p>Michael</p>
]]></content:encoded>
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		<title>By: Lennie Pike</title>
		<link>http://theeconomiccollapseblog.com/archives/ben-bernanke-lectures-america-about-why-the-federal-reserve-is-good-and-the-gold-standard-is-bad#comment-130614</link>
		<dc:creator><![CDATA[Lennie Pike]]></dc:creator>
		<pubDate>Sun, 25 Mar 2012 01:57:34 +0000</pubDate>
		<guid isPermaLink="false">http://theeconomiccollapseblog.com/?p=3586#comment-130614</guid>
		<description><![CDATA[Michael,  Then at least we agree that any future money must be debt free.]]></description>
		<content:encoded><![CDATA[<p>Michael,  Then at least we agree that any future money must be debt free.</p>
]]></content:encoded>
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