Gold is “Not Money’ According to Ben Bernanke

Gold has been money for 6,000 years but Uncle Ben says it is not – it is an “asset.”

Ron Paul: “Why does the Fed own Gold? Why not diamonds?”

Bernanke: It’s tradition…

Ron Paul: “I think gold is money”

(I don’t agree with Bernanke either but If he feels this way, he should sell the gold in Fort Knox and give the money to the social security trust fund right?)