Truth is Jim your site,FR, is quickly becoming “the” leader of the New Media.We used to worry about what the DBM said. Now they worry about what we say! You have done a great job operating this site.Thanks very much.
Paul never reveals that his ideal system, the “Austrian Economic Theory” does not prevent bubble, recessions, depressions, etc. At that, the Mises/Hayek Business Cycle theory specifically states that recessions and booms are natural parts of the cycle and are necessary for continual self-correction.
He keeps promising those things will end if he gets his way, it is an overt lie. You can look at this country in the 1800s when were were close to this type of economic system. The recessions were pretty patterned.