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Detailed text transcripts for TV channel - MSNBC - 20120301:10:37:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120301:10:37:00

Something with the fed, i say the fed will self-destruct eventually any way when the money is gone. why wouldn't we legalize competing currencies? why couldn't people save -- put this in a mattress and cut four, five times as much value in a few years so the record of what you've done in the last six years is destroy the value of real money, of paper money, at the same time real money is preserved. good to see you again, congressman paul. >> good to see you again, congressman paul. paul, of course what called for the end of the fed. bernanke is due back on capitol hill today for a hearing in f...

Detailed text transcripts for TV channel - MSNBC - 20120301:17:25:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120301:17:25:00

>> thank you, mr. chairman. >> mr. bernanke, can you tell me whether you do your own shopping at the grocery store? >> ron paul, a true american original. he took some time to get back to his day job, scolding federal reserve chair ben bernanke at a hearing on capitol hill, wherein dr. paul pulled out a silver dollar, making the case for gold and precious metals and not paper currency. let's actually hear that, if we can play that for our panel and our audience. >> why can't -- couldn't people save -- put this in a mattress and get four or five times as much of the value in the same year, so t...