Knightskye
12-29-2009, 09:18 PM
http://curiouscapitalist.blogs.time.com/2009/12/29/visiting-ron-pauls-fed-free-utopia/?xid=rss-topstories
Justin Fox dissects Paul's new book, End the Fed, which was apparently sent to him by Gary Howard (http://www.campaignforliberty.com/profile.php?member=Gary_Howard) of the Virginia Campaign for Liberty. As part of his counter-argument, he linked to some essay by someone who works for the St. Louis Federal Reserve -- lending a lot of credibility to his points.
A couple subjective points, and then this whopper:
Does he think there wasn't any corrupt collaboration between government and banks in the 19th and early 20th centuries, before there was a Fed?
Apparently, he forgot about the two other central banks we had -- central banks he mentioned previously in the article.
Anyway, he comes away liking the book, but labeling Paul a "typical politician" because he implied the gold standard was an "easy way out."
What do you guys think?
Justin Fox dissects Paul's new book, End the Fed, which was apparently sent to him by Gary Howard (http://www.campaignforliberty.com/profile.php?member=Gary_Howard) of the Virginia Campaign for Liberty. As part of his counter-argument, he linked to some essay by someone who works for the St. Louis Federal Reserve -- lending a lot of credibility to his points.
A couple subjective points, and then this whopper:
Does he think there wasn't any corrupt collaboration between government and banks in the 19th and early 20th centuries, before there was a Fed?
Apparently, he forgot about the two other central banks we had -- central banks he mentioned previously in the article.
Anyway, he comes away liking the book, but labeling Paul a "typical politician" because he implied the gold standard was an "easy way out."
What do you guys think?