tag:blogger.com,1999:blog-3758330678390419129.post8903646866567317511..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Ben Bernanke on Ron Paul's Understanding of the Gold StandardRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-3758330678390419129.post-56120275927199910062015-10-07T12:10:07.704-04:002015-10-07T12:10:07.704-04:00"BTW, what problem was a "lender of last..."BTW, what problem was a "lender of last resort" trying to solve anyway?"<br /><br />The "problem" of clearing markets? <br /><br />I keeeeed!<br />Nick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-9891093117738488932015-10-07T11:54:59.333-04:002015-10-07T11:54:59.333-04:00Weren't the problems of the "classical go...Weren't the problems of the "classical gold standard" with its fractional reserve lending the subject matter of the classical ABCT? I love the "these Austrians ignore the problems with gold in the 1800s" meme, don't you?<br /><br />BTW, what problem was a "lender of last resort" trying to solve anyway?Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-26735319926877860132015-10-07T10:13:29.675-04:002015-10-07T10:13:29.675-04:00No you don't.No you don't. Anonymoushttps://www.blogger.com/profile/03199938752782932205noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-77497329676979120902015-10-07T00:31:35.883-04:002015-10-07T00:31:35.883-04:00Replace "historical gold standard" with ...Replace "historical gold standard" with "central planning".steveZhttps://www.blogger.com/profile/00598248557573036202noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-10441548615580140212015-10-06T22:52:53.717-04:002015-10-06T22:52:53.717-04:00I seriously doubt that Rand Paul understands the c...I seriously doubt that Rand Paul understands the classical gold standard, but that was not my point. His father, Ron, has acquired substantial learning in the 33 or so years since the minority report was issued. On the other hand, Rothbard was in his heyday in the 1980s.Jule Herberthttps://www.blogger.com/profile/04010275785788333723noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-75713595479334546612015-10-06T22:13:08.872-04:002015-10-06T22:13:08.872-04:00So what is your point that Rand Paul doesn't u...So what is your point that Rand Paul doesn't understand the gold standard, Ridiculous, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-43630762414693314852015-10-06T20:02:13.225-04:002015-10-06T20:02:13.225-04:00Actually Murray Rothbard ("staff economist&qu...Actually Murray Rothbard ("staff economist") "ghost-wrote" the minority report, barely taking into account the sensibilities of the "golf price fix" fake gold standard advocated by Lehrman. To read it is to know who wrote it.Jule Herberthttps://www.blogger.com/profile/04010275785788333723noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-91097340675269165922015-10-06T18:20:27.363-04:002015-10-06T18:20:27.363-04:00I have 18 trillion reason why The Benanke is wrong...I have 18 trillion reason why The Benanke is wrong. Pope of Capitalismhttps://www.blogger.com/profile/01517472470003475056noreply@blogger.com