Candidate #4,Congressman Ron Paul: Republican Presidential Hopefuls (Part 6)(A Night with Ron Paul Part E)

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Pt 5/6 Ron Paul  4/15/11 CSPAN

Robert Wenzel, Editor & Publisher of the Economy Policy Journal wrote a fine article “On the road with Ron Paul,” May 2, 2011. I will be posting portions of that article the next few days. Here is the fifth part:

I asked Dr.Paul what books on economics he has read. He told me he has read all the Austrians, Ludwig von Mises, Murray Rothbard, Friedrich Hayek and Henry Hazlitt. He also told me he has a copy of The General Theory by John Maynard Keynes. He said he still uses the book as a reference to check a quote when he is preparing a speech.

He then said that he tells people that the real problem isn’t Bernanke or President Obama, but John Maynard Keynes. “It’s the thinking of Keynes that is causing the real problems,” he said.

We started talking money again and I mentioned that the nickel had almost 7 cents of metal in it. He quickly replied, “The nickel will disappear from circulation real soon.”

We reached the venue for the Republican breakfast and there were people outside waiting to greet him. One woman ran up to him and gave him a big hug. Dr. Paul was correct, this crowd could not be mistaken for a YAL crowd. It was much older and appeared very mainstream and they all seemed very excited to see him.

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