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IPFS News Link • General Opinion

Ron Paul Under Attack

• LewRockwell.Com

"First they ignore you, then they laugh at you, then they fight you, then you win." — Mahatma Gandhi

Mahatma Gandhi successfully sought the overthrow of tyrannical British rule in India via non-violent civil protests. In doing so, the above quote became synonymous with his name.

Basically, Gandhi's quote outlines how new ideas are received by the special interests that the ideas threaten. For decades, Ron Paul has strived to expose the flawed Keynesian thought that dominates economic thinking in the United States–and most of the rest of the world.

While a congressman, he was ignored, and his comments were never reported by establishment news media. Today, though, he has been promoted to the laughing stage.

None other than Paul Krugman, Nobel laureate and columnist for the New York Times, finds it necessary to ridicule Ron Paul and his supporters. In the July 25, 2015 NYT edition, Krugman wrote, ". . . because they've made some money over the course of their lives. . . they think they know from that experience what it takes to create wealth.

"They hear that the Fed is printing money, and it sounds to them like a violation of both the laws of economics and morality. . ."

Printing money is a violation of the laws of economics, as explained by Austrian economists, and it is a immoral act because is steals from people who earn their money by selling products or services, not by "creating money out of thin air."

Krugman goes on to say, "After all, Ron Paul has been making the same prediction year after year — in fact, he's been making this prediction at least since 1981! — and has been wrong year after year."


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