Mises Wire

Paul vs. Paul: the Video

Paul vs. Paul: the Video

Check out Ron Paul's great comeback at 4:04.  Krugman accused Paul of wanting to go back a hundred years in monetary policy.  Paul pointed out that Krugman's inflationism is going back over a thousand years to go the ruinous currency debasement of ancient times.  (In Human Action, Mises argued that such debasement led to the fall of the Roman Empire.)

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