Ron Paul’s Wacky But Influential Fed Policy
The article Ron Paul’s Wacky But Influential Fed Policy in Salon magazine shows that I am not the only person who feels this way about Ron Paul’s misunderstanding of the role of the Fed. Here are a couple of introductory paragraphs:
The Republican Party, falling deeper into the clutches of Ron Paul’s radical ideology, has a new item on its anti-populist agenda: Castrate the Federal Reserve so that it no longer can promote job growth.
.
.
.
This great leap backward isn’t likely to happen as Democrats remain in control of the Senate. But what it does show is the extent to which Ron Paul’s fixation with the Fed has infected the Republican Party.
Unfortunately, I think some of Ron Paul’s wacky ideas about the fed have also infected some members of the Occupy movement.

