http://www.economicpolicyjournal.com/2011/03/senior-fed-economist-calls-ron-paul.html

http://www.wvwnews.net/story.php?id=9890

The sad fact is Ron Paul IS a pinhead.

David Andolfatto "There is this old idea in monetary theory called money neutrality. Money neutrality means that larger quantities of money ultimately manifest themselves in the form of higher nominal prices (and wages), and not on real quantities. No serious economist disputes the idea of long-run money neutrality.

Yes, what cost $1 in 1913 now costs $20. But so what? Money neutrality states that if you were earning $1 per hour in 1913, you are now earning $20 per hour (and even more, if labor productivity is higher)."

That is true.

But what about savings? Generational wealth is destroyed, fathers and grandfathers that worked their asses off become addicted to social security because their savings have no value.

They also cannot provide a spring board for their offspring.

This makes the elderly dependent on government assistance, (communism) and damages generational family relationships by putting the burden of care on the offspring rather than the natural opposite!

This is part of the obscene plot of the commie jews infecting our nation.

http://www.wvwnews.net/story.php?id=9890

Given a choice, would this lackey prefer 'air dancing' at the end of a rope, or naming names and being outfitted with a straw hat and a hoe for the rest of his life?