Ron Paul, Author of ‘End the Fed,’ to Lead Fed Panel

[I spent the winter writing songs about getting better]

It actually is a little surprising in this case considering how unpopular Paul is amongst many in the GOP.

[I spent the winter writing songs about getting better]

Since Libby is now finally gone I suppose I might get a real answer instead of "OMG STATIST FASCISM BLAH BLAH BLAH" if I ask how regular crashes are going to be avoided without a central bank like the Federal Reserve which is the whole reason it was created.

[I spent the winter writing songs about getting better]

I'd also like an explanation for how currency creation and circulation is going to be managed without the Fed (and please no "return to the gold standard" nonsense), in the modern era that is about as feasible as abolishing international time standards and returning to every area setting its own time based on the sun*)

*The sad thing is I bet most libertarians would favor this as well.

[I spent the winter writing songs about getting better]

I think people are kind of oversimplifying things here (which is hardly surprising and the typical way libertarians do thing.)

Look at it this way, I see a lot of this as like arguing that since the country survived 150 years without an interstate system, if the interstate were to vanish tomorrow there would be no issues. Which when you think about it is a pretty valid analogy to the whole "OMG this country didn't have this in the 18th century!" or "The Founding Fathers wanted it that way!" type arguments.