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This video was created by Aravoth (www.youtube.com in December of 2008, shortly after the Bush/McCain/Obama Bailout was signed into law. Aravoth titled this video "US Economy: Philosopher's Stone," and it quickly started to go viral. Unfortunately, although the video had racked up tens of thousands of views in a few short days, YouTube didn't display the video on the"most viewed" list. Ultimately, though, the video garnered a few hundred thousand hits before YouTube muted the audio do to copyright issues with Warner Music. Similarly, Aravoth's other famous Ron Paul/Peter Schiff videos were muted by YouTube as well. His videos were instrumental in the 2008 grassroots effort to spread the word about Ron Paul's campaign. Videos such as "Ron Paul House of Cards," "Ron Paul Don't Tread on Me," "Ron Paul Dream On," garnered millions of views apiece. Ron Paul was a young medical doctor in the 1960s when he first stumbled across Hayek's "Road to Serfdom" and other works that espoused the Austrian school of economics. He came to believe that what the Austrian school economists wrote was coming true in 1971, when President Nixon closed the gold window by implementing the US dollar's complete departure from the gold standard. Shortly thereafter, the young, concerned Dr. Paul decided to enter politics. Over the past four decades Paul has fought tirelessly to warn Americans of the dangers of fractional reserve banking and the Federal Reserve System. During Paul's 2008 bid for the <b>...</b>
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Time: 09:57 More in News & Politics

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