Bill’s Blog

My new post on Queercents today discusses Ron Paul’s position on getting rid of the Federal Reserve:

“The Federal Reserve has been getting a lot of attention in the last few months. With the recent housing meltdown and market volatility, it’s hard to miss the articles in the financial press. Some have blamed the Fed for causing the housing bubble, and others have argued that the Fed should take action to provide some relief. Meanwhile, one of the 2008 presidential candidates, Dr. Ron Paul, has long argued for abolishing the Federal Reserve and returning to a gold standard of the kind used around the turn of the century (as opposed to the Bretton Woods system which was in place from 1946-1971). Would that really restore financial stability to the economy? Volumes have been written on this subject, but I will try to at least summarize my own views without reciting every monetary theory in existence.”

Read the rest here.