Paul vs. Paul: the Video

04/30/2012 Mises Wire Dan Sanchez

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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