Megan McArdle: Ron Paul doesn’t understand anything about monetary policy
Interview with Representative Ron Paul
By The Situation Room
MALVEAUX: Congressman Ron Paul, thank you so much for joining us here in THE SITUATION ROOM.
…Megan McArdle, she’s a prominent libertarian blogger, economics editor of the “Atlantic,” and she says in Slate here, she says that “Republicans stashed him” — that would be you — “in this job, because they don’t want him making my more important decisions. He cares passionately about monetary policy, which most Republicans don’t care about, but when you look at his speeches, he doesn’t understand anything about monetary policy. He might actually understand it less than the average member of Congress. My personal opinion is that he wastes all of his time on the House Financial Services Committee ranting crazily.”
Do you think the Republican leadership essentially is trying to marginalize you in this role?
PAUL: No, I don’t think so. They wouldn’t have made me chairman. And I think somebody that spouts off like that, they should look at the evidence, rather than just sort of name-calling. I don’t think that kind of accusation makes any sense whatsoever…
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