Daily watch: Ron Paul...........

Tuesday’s Daily Show interview featured Texas congressman Ron Paul. After introducing Paul and mentioning his new book, End the Fed, Stewart joked, “You seem to have put a lot of thought and effort into this book; and you call yourself a congressman.” Paul is a small-government Republican with libertarian leanings, who advocates personal rights and freedoms. In his book, he argues for the end of The United States Federal Reserve Bank, contending that it’s corrupt, outdated and, most importantly, unconstitutional. The Fed, he asserts, helps government pay its bills by simply printing money when needed, which, ultimately, is extremely damaging to the economy. Such irresponsible production of currency, in the long term, serves to raise inflation, increase government size, and steadily decrease currency’s value over time. The Fed, Paul states, monetizes debt; when presented with a bill, they simply print the money needed to pay it...Link