Ron Paul: Bernanke deliberately destroyed U.S. dollars

Congress schools Fed chairman again during House Financial Services Committee meeting, warns "history is against you," www.prisonplanet.com Congressman Ron Paul Federal Reserve Chairman Ben Bernanke suggested to their knowledge during a meeting of the House Financial Services Committee today on a policy of destruction of the dollar and wiping the American middle class. Paul has since commissioned Bernanke on his refusal to fall in the dollar and its clear connection to tackle inflation. "Inflationis the rate of increase in money supply of credit .... to argue that we are still the currency that really the policy that follows, specially depreciate the value of money - that seems so destructive .... less simply makes more pressure on the Federal Reserve for capital created by the air to stimulate the economy and the rule is only in MAL-investment, "Said Paul. Paul Highlighted the fact that the M3 money supply increased rate16 percent, and that this was the rate of actual inflation. "History is against you," Paul told Bernanke, "History is on the side of hard money - if you are at stable prices, you must look in the only historic sound like money, has taken more than a few years - fiat money always ends up looking at where gold is the only stable prices, "he added, stressing that despite the rapid rise in oil prices, remained flat when It Was Compared to the gold price. "I do not see how we can furtherto ...

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