Bernanke Denies Gold Is Money, Makes Alarming Claims Re: Roundness of Earth, Ape Grandfather

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Let's pause for a minute and talk about how Ben Bernanke has now confessed that he's nothing but a tool of the fractional reserve conspiracy that has inflated the global ponzi scheme and destroyed American prosperity and power with its worthless fiat money. Thank hero Ron Paul for finally getting him to admit the truth:

Ron Paul: Do you think gold is money?
Bernanke: [long pause, stares into space, ponders how pretty the flowers must be in Princeton this time of year] No. It's a precious metal.
Ron Paul: It's not money? Even if it has been money for 6,000 years*, somebody reversed that, eliminated that economic law?
Bernanke: Well, it's, y'know, it's an asset. It's the same -- would you say Treasury bills are money? I don't think they're money either but they're a financial asset.
Ron Paul: Why do central banks hold it if it's not money?
Bernanke: Well, it's a form of reserves.
Ron Paul: Why don't they hold diamonds?
Bernanke: Well it's tradition, long-term tradition.
Ron Paul: [laughs derisively] Some people still think it's money.

Now back to lining up the water bottles in my bomb shelter.

* Since the creation of the world

Bernanke Fights Ron Paul in Congress: "Gold Isn't Money" [Forbes]

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