Free Talk Live

Congressman Ron Paul (R-Texas) confronts Fed Chairman Ben Bernanke on monetary policy, and says that Fed policy has not helped to stabilize the economy over the last 30 years or so. Paul asks how the Fed can manage monetary policy if it doesn't have a definition for a dollar. And, he adds, gold is the true long-term measurement of value.

Rep. Ron Paul (R-Texas) made "absolutely bizarre" allegations about the Federal Reserve's involvement in Iraqi weapons deals and the Watergate scandal, chairman Ben Bernanke said Wednesday.

Congressman Ron Paul questions Federal Reserve Chairman Ben Bernanke in a U.S. House Financial Services Committee Meeting shortly after reports surfaced that the Federal Reserve was preparing for a third round of quantitative easing.

Gold Settles at $1,244 as Indications Emerge of a Shift Out of the Euro and Into Safer Assets -- Gold's surge to a record sparked speculation that central banks may be stepping up purchases of the precious metal.

If you want to drive a rational economic-type of person crazy, simply mimic Fed Chairman Ben Bernanke's willful refusal to acknowledge seemingly obvious inflationary trends.

You can start by quoting Dr. Bernanke's observations on the ramp in commodity prices, made Monday night:

"I think the increase will be transitory, that it will pass, and we will go back to a level of inflation that is consistent with our price stability mandate."

New bitcoin trading site, Coinabul.com, is now accepting bitcoins in exchange for gold. Orders are currently live during the private beta. Coinabul is the only true Bitcoin-to-Gold exchange in the world. Bitcoin is a digital stored value vehicle, able to provide near-instant transaction capability in a global Internet economy. Bitcoin users are able to trade in bitcoins to their national currency via currency exchanges, but for users who prefer to save their money in gold, Coinabul provides instant gold purchasing capabilities.

It is with no small amount of schadenfreude that I report that our esteemed and despised Central Banker, Ben Bernanke has apparently become entangled in an elaborate identity-theft scheme after his wife’s purse was stolen containing a checkbook from their joint account. The story was broken by Newsweek on Wednesday and they’re claiming that the Bernankes were not specifically targeted. (It’s only a coincidence. It’s only a coincidence. It’s only a coincidence!) But I’m not so sure.

When Ron Paul brandished a Silver Circle “Rebel Round” in Ben Bernanke’s face during a House Financial Services Committee hearing it was an unprecedented marketing win for us.

We produce the Rebel Rounds both as a replica of the coins minted by the Rebels in the Silver Circle movie and as an investment or barter currency for those real world Rebels who understand the economics of fiat paper. But we could never have predicted the boom in sales that immediately followed Ron Paul’s indirect endorsement.

WASHINGTON—The U.S. economy ceased to function this week after unexpected existential remarks by Federal Reserve chairman Ben Bernanke shocked Americans into realizing that money is, in fact, just a meaningless and intangible social construct.