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Do Ron Paul supporters understand something other Americans don't?

When Ron talks about the Federal Reserve, fiat currency and gold reserves, do most people have any idea what he is talking about? Could that be the reason he is considered a kook, because most people are economically ignorant?

If you answer this question, name at least one economic book you have read besides macro or micro economics you took in college.

12 Answers

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  • 1 decade ago
    Favorite Answer

    I believe so. I hope he wins. Does Confessions of an Economic Hitman count as an economic book.Either way,I recommend it.Check out Ron Paul owning Bernanke.

    http://www.youtube.com/watch?v=nj9KHJRRUbQ

  • 1 decade ago

    I like to consider myself to be a reasonably intelligent human being, and I'll admit that the economic workings and policies of the USA often baffle me. I can't name a book that I've read cover-to-cover on the subject, but I do listen to people who are better informed than I on the subject and then apply logic.

    I tend to use the "follow the money" approach to figure out the whys and wherefores of programs and whatnot that are left in place when the results are less than acceptable. The Iraq war is a wonderful exercise in money-sniffing to discover why the current administration (and possible future ones) are so hell-bent on staying there to "spread democracy".

    People can see that the value of the dollar is weakening as time goes on, and the idea that money is printed "out of thin air" without anything of value backing it up is something that people can wrap their heads around when it is presented in easy-to-swallow terms.

    I know very little about economics, but it's not hard for me to see that even on an individual interest level, taking my paper-money savings and investing it in gold or other solid (and tangible) assets is a far more secure way to insure my wealth won't decrease over time. Assuming of course that there are no ground-breaking developments in alchemy.

    But what really makes a lot of sense to me when it comes to Paul's standing on the economy is reducing the federal budget. The Department of Education alone is a joke, but the average bloke may believe that it is what insures public education. I've heard people talk about how Ron Paul wants to eliminate public schools by dismantling the Department of Education. They don't realise that this department has been dictating some very bad policies to state-run public schools and thus reducing the quality of education.

    The same holds true for the other federal departments he wants to do away with. People hear "Department of Energy" and they think Dr. Paul wants us all to sit in the dark without electric.

    So I don't think just economic ignorance is to blame. I think many people truly do not understand exactly what these departments do and how they effect the state-run services.

  • 1 decade ago

    The Long Wave Cycle by Nicolai Kondratieff. Adam Smith - all of it, not some Bowlderized version, don't remember the exact title anymore. Something on the Louisiana Bubble in France circa 1730? don't remember the title. Some book about business cycles years ago. A couple more I read years ago, probably still on my shelf so I don't bother to refer to them, might even have been somebody's college texts, but I took no economic courses in college. Didn't become interested in economics until I started reading The Wall Street Journal. Read it for about 30 years.

    Paper money is nothing more than a promise to pay. The word of the US government is no **** good, so the money the government issues is also suspect.

  • Anonymous
    4 years ago

    Ron Paul helps Israel purely as much as the different Republican! he votes NO to many costs that are in "help" of Israel for an identical motives he votes NO on maximum costs oftentimes! they do no longer meet his standards! as of now, we provide two times as plenty money to arab countries than to Israel, confident, the Bush administration AND the Obama administration has, confident, while the Senate and abode have been Democrat AND while they have been Republican. Ron Paul believes in slicing purely approximately all distant places help thoroughly, yet ultimate an allie to Israel. he's against all of the greater issues we do for/with Israel. he's no longer against being their allie.

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  • Anonymous
    1 decade ago

    Most people are too media fed to actually listen to what Ron Paul is saying and too stupid to understand it, so they dismiss him as a kook. But the truth is, he is more sound of mind and educated than most, if not all of his critics.

  • 1 decade ago

    Ron Paul is the man. He understands the system and knows how it has corrupted the country.

  • Anonymous
    1 decade ago

    Then we should help them understand it ..............fully. I'm tired of seeing some ppl work like dogs, striving for "independence" and not getting anywhere, in fact, losing. It's time to Restore the Republic. And begin "True Progression".

  • Anonymous
    1 decade ago

    Unfortunatly the education system is garbage cause 35% of America cant even find it(USA) on a MAP!

    Source(s): US dept. of special education
  • 1 decade ago

    I don't understand what is so hard to understand about the constitution. You have to be unpatriotic to call him a kook if you think about it.

  • Anonymous
    1 decade ago

    yes they have no idea what he is saying, it sounds extreme something that scars them

    the media doesnt cover the problems he addresses

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