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What Ron Paul Was Like 30 Years Ago

By: Decomposed in ROUND | Recommend this post (0)
Tue, 26 Jul 11 2:18 AM | 79 view(s)
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Unchanging greatness. 

The Truth About What Ron Paul Was Really Like 30 Years Ago

by Robert Wenzel
Economic Policy Journal

Sunday, July 24, 2011
The Truth About What Ron Paul Was Really Like 30 Years Ago


The great economist Murray Rothbard wrote an introduction to Ron Paul's 1981 monograph, Gold, Peace and Prosperity.

Rothbard's introduction is really quite amazing. Thirty years ago, Rothbard understood what a special man Ron Paul was. But most remarkable is that everything Rothbard wrote about Ron Paul accurately reflects the Ron Paul of today. Ron Paul is a man of principle, who doesn't change his views based on the latest polls.

President Obama may have run for President on a platform of ending the war in Afghanistan--and instead expanded the war. He may have run on a platform of limiting the influence of banksters in Washington---and put two former banksters as his top advisors. But it is very difficult seeing the principled Ron Paul flip-flopping on his promises in such a way. Here's Murray Rothbard, thirty years ago, on Ron Paul, though it could have been written this morning without changing a word:

Ron Paul is a most unusual politician--in many ways. In the first place, he really knows what he's talking about. He is not only for the gold standard. He knows why he is for it, and he is familiar with the most advanced and complex economic insights on the true nature of inflation, on how inflation works, and how inflationary credit expansions brings about booms and busts. And yet Ron has the remarkable ability to take these complex and vital insights and to present them in clear, lucid, hard-hitting terms to the non-economist reader. His economics is as sound as a bell. 

Full article: http://www.economicpolicyjournal.com/2011/07/truth-about-what-ron-paul-was-like-30.html




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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