Letters to the Editor
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The Authoritarian Manifesto
"... the critical issue [of] how well the government manages the economy ..."
Economists who fantasize that they can "manage" the economy are insane. The FED governors should be committed for even trying to pretend that their judgement is wiser than 303 million Americans operating in a free market.
Ron Paul's point is not that he could manage it better, but that government has no "business" even trying to run the economy: that's fascism (private ownership under government control).
BTW: Alan Greenspan has admitted that he joined the FED only to mitigate the meddling. He supports Ron Paul's "hard money" position and pointed out that his guide to inflation was the current "dollar price" of gold.