David Stockman: Ben Bernanke Is The Most Dangerous Man In US History

David Stockman: Ben Bernanke Is The Most Dangerous Man In US History

April 1st This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a ‘fair use’ of any su…

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25 Responses to “David Stockman: Ben Bernanke Is The Most Dangerous Man In US History” Subscribe

  1. tabletalk33 April 27, 2013 at 8:36 am #

    Stockman is right on target.

  2. mikebri527 April 27, 2013 at 9:14 am #

    The only man right now who might be more dangerous than Bernanke is NYC Mayor Michael (The Nanny) Bloomberg.

  3. mikebri527 April 27, 2013 at 10:13 am #

    Yes, and the fact that in the 100 years before 1913, the US dollar appreciated about 5%. The really sad fact is that I would bet that probably 90% of the people in this country don’t even know the significance of 1913, have no idea where our money comes from, what a fiat currency is, or what The Federal Reserve is. Truly sad.

  4. MrStevenison April 27, 2013 at 10:36 am #

    can anyone follow this emerging trend!!! prominent guys like stockman coming out in prime time. everyone is now not only buying gold. main stream are talking about it. buy gold

  5. mtstatehk14090914 April 27, 2013 at 11:00 am #

    Krugman is a pretentious ass. A Mr. Know It All

    End the fed

  6. GrimReaper192 April 27, 2013 at 11:45 am #

    equilibrium. As for your point regarding inflation: that doesn’t matter if the Federal Reserve is printing off trillions of dollars (T.A.R.P., Q.E. 1,2, and 3) in order buy houses in order to “fix the housing market” (artificial inflation of the housing market which is specifically done in Q.E. 3).

  7. GrimReaper192 April 27, 2013 at 12:06 pm #

    A recession is when the economy is telling consumers that there’s a shortage of resources, more or less, correct? So when a recession occurs, the economy is trying to build up enough resources to build again. Good economy= people should invest, bad economy= people should save. So when interest rates are artificially deflated to encourage investing, you’re not stoping stagnation, you’re making it last longer. When interest rates are raised, a bigger bust must take place bc the market is finding

  8. John Kim April 27, 2013 at 12:58 pm #

    Michael Bloomberg & Ben Bernanke two political & economical power-mongers & control freaks never seen before in the history of the US.

  9. omgiheartpie April 27, 2013 at 1:47 pm #

    I agree that printing money does eventually cause inflation,but currently that’s unlikely;there’s simply not enough wage growth or demand.And how do low interest rates lengthen a recession?I agree that they can create a bubble,push the economy to full-employment&when the bubble bursts the economy tanks again,so that there was a sort of false boom,but I cant see how low interest rates promote stagnation.Japan, having zero rates for years,raised them prematurely&promptly went into recession again.

  10. GrimReaper192 April 27, 2013 at 2:29 pm #

    Yes, but how could printing off trillions of dollars a year not create hyperinflation? It took years for it to effect the price of the Mark in Germany and the price of things (food and gas just to name two) have skyrocketed. Interest are being kept artificially low which has kept the recession around. The dollar isn’t collapsing, but the EUR is and we are doing the same things they did. I’m not saying that it’s a government conspiracy, what I’m saying is that it is or politicians are very stupid

  11. omgiheartpie April 27, 2013 at 2:39 pm #

    Nope, it’s just difficult to persuade people who are so fanatically invested in a certain ideology to change their minds… that’s all. Hyperinflation isn’t here? Interest rates haven’t skyrocketed? The bonds I’ve been shorting for years have not dropped in price? Gold is plunging in value? The dollar hasn’t collapsed yet? Evidence that the Fe did not cause the financial crisis and ensuing recession? Nahhhh, it’s a big government conspiracy, everything that doesn’t agree with my ideology must be

  12. GrimReaper192 April 27, 2013 at 2:41 pm #

    One last thing: he was for the $700 billion bailout as I recall, just sayin’.

  13. GrimReaper192 April 27, 2013 at 3:02 pm #

    Bullshit! What the hell is with him endorsing corporate welfare then? You want to “hurt the rich”? Endorse capitalism by ending corporate welfare, then companies have to actually produce quality products in order to make money rather than just take handouts from the government. My ass he wants to hurt rich people, he’s wants to help them steal money from the taxpayer.

  14. GrimReaper192 April 27, 2013 at 3:55 pm #

    Hooray apathy!!! And if you’re not apathetic, then you’re probably ignorant to economics, so… Hooray apathy and ignorance!!!

  15. Amit Shah April 27, 2013 at 4:38 pm #

    5 people against 500. 500 will always win…. Only in movies 5 people win that too with special effects….Wake up .. dont fight the Fed …give the way … dont fcuk common man with these ideas… common man dont invest now in stock markets

  16. drsmith963 April 27, 2013 at 5:13 pm #

    Obama just bought a 40 million dollar mansion in hawaii – this tells you how bad the future is going to look…

  17. rolaz productions April 27, 2013 at 5:56 pm #

    You when someone is telling the truth, because a troll will attempt to character assassinate the messenger and never address one fact presented.

    LOL at the TROLLS!

  18. rickbar123 April 27, 2013 at 6:11 pm #

    You bet !!! Krugman tells the country the rich have to feel some pain. Can’t have that.

  19. omgiheartpie April 27, 2013 at 6:59 pm #

    No thanks.

  20. GrimReaper192 April 27, 2013 at 7:20 pm #

    “Nonexistent hyperinflation” You’re funny! “To QE Infinity, and Beyond!” -Buzz Lightyear or Ben Bernanke, whatever, they’re still both puppets who don’t fully grasp reality.
    Also: End the Federal Reserve, invest in gold and silver, stop welfare programs, cut other spending, cut taxes on citizens, (if you don’t end the Fed) tax the Federal Reserve, learn about the Boom and Bust cycle, and become a student of Austrian economics.

  21. omgiheartpie April 27, 2013 at 7:21 pm #

    So short treasuries, pursue unnecessary austerity and put all your focus on the nonexistent hyperinflation that is about to hit us. How fruitful.

  22. wotan237 April 27, 2013 at 7:51 pm #

    if you want to survive, buy land.

  23. wotan237 April 27, 2013 at 8:22 pm #

    And this is why Homeland Security is prepping for a civil war.

  24. Daniel Gjörwell April 27, 2013 at 9:07 pm #

    @kbPheonix taxes for roads is no different than other taxes. If you spend some time thinking about how prices tie into paying for roads you will realize taxes is not the only way and that it in fact, doesn’t make sense.

  25. kbPhionex April 27, 2013 at 9:42 pm #

    the drug law on the other hand doesnt help anyone so its unjust to tax people to pay for it this i understand on some level you not wanting to use federal over reach but not doing it will cost a few million people dearly
    I dont disagree with libertarians on everything but there are a few things we will have big arguements about
    and be cautious of taking to much power from the government if grows to weak it wont be able to protect us when we need

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