Ron Paul to the Federal Reserve: "I Want a Definition of Money"

Money, oh how it has changed for the worse in the United States. At one time, money was backed by gold, but now it's just meaningless paper and pixels on a computer screen, and our economy is paying the price as the Federal Reserve prints more and creates more pixels in front of the pixelated decimal point.

Congressman Ron Paul, who is overseeing monetary and banking policy in Congress, addressed Ben Bernanke earlier this week.



Congressman Paul makes some great points, and in the end, he want's the Federal Reserve's definition of money. I think we know what that is. It's meaningless green pieces of paper backed by nothing and printable whenever Bernanke feels the need to run the printing presses.