Ron Paul Tells Bernanke He Killed The Dollar, Silver Coin In Hand - Forbes - Agustinho Fontevecchia:
Feb. 29, 2012 - "Fed Chairman Ben Bernanke had an interesting morning over on Capitol Hill.... Bernanke ... was put on the spot by Ron Paul who pulled out a silver eagle and accused him of debasing the currency and destroying America’s wealth.
"Ron Paul first asked Bernanke if he did his own grocery shopping, to which the Fed Chairman responded with a 'yes.' Paul immediately cut him off and said 'no one believes the 2% inflation rate,' claiming it was actually closer to 9%. 'Someone is stealing wealth,' said Ron Paul, in full campaign mode.
He then pulled out a silver eagle, a silver coin that has nominal face value of one dollar that is legal tender. Ron Paul told Bernanke that in 2006, as he took the top spot at the Federal Reserve, an ounce of silver bought about 4 gallons of gas. Today, said Paul, it buys about 11."
Read more: http://www.forbes.com/sites/afontevecchia/2012/02/29/ron-paul-tells-bernanke-he-killed-the-dollar-silver-coin-in-hand/
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Feb. 29, 2012 - "Fed Chairman Ben Bernanke had an interesting morning over on Capitol Hill.... Bernanke ... was put on the spot by Ron Paul who pulled out a silver eagle and accused him of debasing the currency and destroying America’s wealth.
"Ron Paul first asked Bernanke if he did his own grocery shopping, to which the Fed Chairman responded with a 'yes.' Paul immediately cut him off and said 'no one believes the 2% inflation rate,' claiming it was actually closer to 9%. 'Someone is stealing wealth,' said Ron Paul, in full campaign mode.
He then pulled out a silver eagle, a silver coin that has nominal face value of one dollar that is legal tender. Ron Paul told Bernanke that in 2006, as he took the top spot at the Federal Reserve, an ounce of silver bought about 4 gallons of gas. Today, said Paul, it buys about 11."
Read more: http://www.forbes.com/sites/afontevecchia/2012/02/29/ron-paul-tells-bernanke-he-killed-the-dollar-silver-coin-in-hand/
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