Quote:
Originally Posted by saden1
How does Ron Paul's policy solve these problems? And do they create problems of their own?
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My post was
against a couple of Paul's principles. One, blaming inflation for for our woes. Now, I'm not too deep in knowledge about his platform, but he seems rather adamant about stopping it at all costs. If he's trying to "stop" inflation, that means it the inflation % must be brought down to 0% or less.
Two, he's trying to dismantle an institution that isn't that bad. His hardcore "must stop inflation" line would backfire on him and tossing the Fed sure wrecks the logistics of a lot of things, even little things like clearing checks. And, as I have already mentioned, if he doesn't want the Fed, then folks will have to live with the risks of bank runs and the risk of not getting any of their deposited money back.
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