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Ron Paul's Prescience

Submitted by LPM, Nov 12, 2007 04:18

Ron Paul has been holding the Fed Chairman's feet to the fire for decades now, and finally now he is getting the support and recognition he (and, of course, the issue of monetary policy) well deserves. I hope the message isn't too late.


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Other reader comments on this article

Comment By Date

What is the world coming to? But nonetheless, its an admirable quality for an editorial board, not to condemn a candidate... [MORE]

Nazim

Nov 14, 2007 13:32

"What can be said about Mr. Paul is that he's not only ahead of Mr. Bernanke but also of his... [MORE]

Klutometis

Nov 14, 2007 03:11

Nice article. I love the phrase "he will eat into their standing until they address the question " beautiful! [MORE]

Kelly Wes Kirkconnell

Nov 13, 2007 20:35

Thank you for the sound article. Your publication is a rarity in looking at this subject matter. If you want to... [MORE]

SoundMoneyMan

Nov 13, 2007 19:15

The plunging dollar is not good for the average American family, despite the bs that the fed dishes out. Corporate... [MORE]

Matt

Nov 13, 2007 14:50

Thank you for that article; it makes a pleasant change from the "he can't possibly WIN you know!" garbage. Ron... [MORE]

Alan

Nov 13, 2007 07:30

HiI have read the minority report co-authoured by Dr. Paul while serving on the Gold Commission and it is a... [MORE]

Ahmad Hayat

Nov 13, 2007 03:01

In the most recent appearance before the Joint Economic Committee, Mr. Bernacke told Rep. Paul that he intended to continue... [MORE]

xtrabiggg

Nov 13, 2007 02:31

I always heard that The Sun was a neocon rag, but then I read this article (h/t Lewrockwell). I'll be back!... [MORE]

bryanD

Nov 12, 2007 22:48

For having the courage to to say something positive about the ONLY candidate who has the nerve to stand up... [MORE]

James Hoppe

Nov 12, 2007 21:41

Dr. Paul is the only candidate who understands monetary policy; therefore, he is the only one wh can speak intelligently... [MORE]

Carrie Duffield

Nov 12, 2007 20:22

Because they desire the power that comes with the easy credit the Federal Reserve provides, and any competing gold standard... [MORE]

David

Nov 12, 2007 20:06

Perhaps if they used the same formula to calculate CPI as they did in 1980, we would find that inflation... [MORE]

Dave

Nov 12, 2007 19:13

What a great article that was hitting the ball out of the park. Dr. Paul knows what he is talking... [MORE]

Jim Carter

Nov 12, 2007 19:00

Economist John Williams calculates inflation, unemployment, and other important statistics the way they used to be calculated. http://www.shadowstats.com/cgi-bin/sgs/data If Mr. Lipsky... [MORE]

SJM

Nov 12, 2007 18:02

Economic Catastrophe Is In Motion !!! Next Year Will Be Very Bad For All In The Lower Ranks Of Society. Evidence: This was... [MORE]

Brad

Nov 12, 2007 17:27

He's not eating into it, he's pwning it. When you get past the "frozen chosen" who get the phone calls... [MORE]

Jamie Jackson

Nov 12, 2007 16:38

I salute the author for saying what very few in the media understand or agree with. Sound money is the... [MORE]

Jani Myshtari

Nov 12, 2007 16:15

Thank you so much for your thoughts on this issue. Despite not fully supporting Ron Paul's ideology, your calling a... [MORE]

Tamara

Nov 12, 2007 15:46

You quote the CPI in this article as though it reflects reality. These days, the CPI is so heavily manipulated... [MORE]

James

Nov 12, 2007 15:39

I agree with the thrust of your editorial regarding Congressman Paul's prescience regarding monetary policy. Having read earlier this year... [MORE]

Hunter Schaeffer

Nov 12, 2007 15:21

Ron Paul ran rings around poor ole helicopter Ben, which would be funny except for the fact that Ben has... [MORE]

tomdawg

Nov 12, 2007 15:21

Greetings, Thank you for your very positive information about Ron Paul. Its right on target, stated clearly, and the information... [MORE]

Madelyn Burley-Allen, Ph.D.

Nov 12, 2007 15:11

didn't they use to add in energy and food prices back in those days? inflation is not averaging out at... [MORE]

abe

Nov 12, 2007 14:33

The Real inflation rate is much higher than 11% if you use the way the CPI was calculated in 79-80 This... [MORE]

Dale Legan

Nov 12, 2007 13:35

Thank you for writing a fair article about Ron Paul. In general they describe him as eccentric and a little... [MORE]

Lucia Schmitz

Nov 13, 2007 14:17

The U.S. is in big trouble-China,China,China,China,China what is going to happen when the Chinese do not want to lose the... [MORE]

LUCAS

Jan 7, 2008 07:25

Thank you for shedding light on this fundamental issue. I was first interested in Paul for his anti-war stance, but... [MORE]

charlie c

Nov 12, 2007 13:12

Thank you for your editorial piece on Mr. Paul's keen insight into the current monetary devaluation. Though many believe that... [MORE]

Becky Blauvelt

Nov 12, 2007 12:49

Wow, amazing article, NY Sun. I appreciate that you are one of the few who sees that Dr. Paul is... [MORE]

Gloria

Nov 12, 2007 12:36

The only way you can assume a 3.23% rate of inflation is if you assume that people are willing to... [MORE]

Thomas Jefferson

Nov 12, 2007 12:27

Indeed Dr. Paul is right about the dollar I can clearly see worse than 1980 out here. What we have... [MORE]

Rich

Nov 12, 2007 12:09

Great article. Your readers will appreciate and reward you for turning them on to an honest and committed politician (not... [MORE]

ken

Nov 12, 2007 10:50

The Sun show courage and moral fortitude to represent Dr. Paul accurately. Kudos to whoever wrote this editorial and may... [MORE]

D. Gibson

Nov 12, 2007 10:33

Since 1913 we have seen what fiot money can do to a countries currency. Hasn't been as bad as the... [MORE]

Ryan for Philadelphia

Nov 12, 2007 10:21

"In 1999, the way the CPI was calculated was changed to eliminate what was felt was an upward bias in... [MORE]

Dwight Johnson

Nov 12, 2007 10:20

With all due respect Mr. Editorialist, I must ask how you ascended to your position at The Sun with such... [MORE]

John Black

Nov 12, 2007 10:02

Clinton changed the way the CPI was calculated, He removed the price of oil, and the price of food from... [MORE]

W. R. Doomed

Nov 12, 2007 09:40

Perhaps Congressman Paul seems so prescient because he has understood from the beginning that maintaining a global empire always requires... [MORE]

W Gary Johnson

Nov 12, 2007 09:35

By some accounts I've read, the CPI has been adjusted in its methodology to show lower inflation rates. Those accounts... [MORE]

John Danforth

Nov 12, 2007 09:24

You mention that inflation calculated from CPI is 1980 was 13%.... but is NOW only 3.23%. You may want to look... [MORE]

Roderic Dolega

Nov 12, 2007 09:21

"In 1980, the inflation rate calculated from the Consumer Price Index averaged more than 13%" This is a seriously flawed... [MORE]

Gene Gallagher

Nov 12, 2007 09:17

You guys hit the nail on the head. Ron Paul is the only person running for President who understands economics... [MORE]

truthseeker

Nov 12, 2007 09:05

"In 1980, the inflation rate calculated from the Consumer Price Index averaged more than 13%, according to a chart at... [MORE]

Bill

Nov 12, 2007 08:55

Dr. Paul knows what hes talking about.. see the latest exchange between Paul and Bernanke. [MORE]

Tom Wayo

Nov 12, 2007 08:41

I enjoyed your article but I take exception to one statement. You wrote that inflation is currently running at 3.23%.... [MORE]

Michael Wagner

Nov 12, 2007 07:33

Ron Paul is the only candidate running for president for whom I would even consider voting. [MORE]

Joe

Nov 12, 2007 07:27

Ron Paul has been holding the Fed Chairman's feet to the fire for decades now, and finally now he is...

LPM

Nov 12, 2007 04:18

Thanks for the terrific article. When I tell people that fuel and food are excluded from the CPI, they look... [MORE]

Steve

Nov 15, 2007 10:10

The CPI is actually calculated differently than it was back in 1979. If the same CPI was used now as... [MORE]

Phil Durgin

Nov 12, 2007 03:38

from a recent interview on Fox News, Greenspan was asked why we need a central bank. His response was as... [MORE]

Michael

Nov 12, 2007 03:04

" We have a lot of differences with Mr. Paul, but on monetary matters...Mr. Paul is that he's not... [MORE]

Stephen

Nov 12, 2007 03:03

"Well the question is a very interesting one. We have at this particular stage a fiat money which is essentially... [MORE]

A.Warmbier

Nov 12, 2007 02:30

"Well the question is a very interesting one. We have at this particular stage a fiat money which is essentially... [MORE]

A.Warmbier

Nov 12, 2007 02:30

Yes, Ron Paul is the only 2008 Candidate that is talking about what could be the biggest issue in the... [MORE]

David

Nov 12, 2007 02:24

This is exactly why I support Ron Paul for President. The man has a fantastic and deep-reaching knowledge of economics.... [MORE]

Ken

Nov 12, 2007 02:21

Time to face the fact that Ron Paul is in the "top tier"... http://www.truthalert.net/Republican%20Presidential%20Candidate%20Rankings.htm [MORE]

Mike

Nov 12, 2007 02:07

Ron Paul has long been a follower of the Austrian School of Economics. The Austrian School has had an amazing... [MORE]

Jeff Henderson

Nov 12, 2007 01:54

I think Paul's wisdom on the economy and related issue is a major strenght for him in the Presidential race!... [MORE]

Stephen

Nov 12, 2007 01:38

You may want to inform your readers next time that Ron Paul is running for president. BTW, I would say... [MORE]

Matt

Nov 12, 2007 01:24

Did a committee write this article? Do you fear standing on your own words? When you wrote "We have a... [MORE]

Stephen Wood

Nov 12, 2007 01:20

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