Aaron Clarey on Ron Paul libertarians and America's economic challengeSubmitted by Athan on Tue, 03/26/2013 - 14:00
Aaron Clarey on Ron Paul libertarians and America's economic challenge
Tuesday, March 26, 2013 - The Conscience of a Realist by Joseph
In this second part of our discussion, financial commentator Aaron Clarey, perhaps best known as Captain Capitalism, explains. He also tells us about what he thinks the most serious economic challenge facing America is, as well as how he came to be not only a pundit, but a fossil hunter and ballroom dancing instructor.
Yes, you read that correctly.
Joseph F. Cotto: China is notorious for its currency manipulation schemes. Beyond this, however, it not only owns a tremendous amount of America’s national debt, but accounts for much of our trade deficit. How do you suppose that the U.S. could level the playing field in the near future?
Aaron Clarey: Refuse to do any future trading with China until they let their currency float freely. That is arguably the single largest impediment to U.S. industrial growth, and I have no idea why we even agree to trade with China when they manipulate their currency so.
Cotto: Many pundits say that the future of the American center-right belongs to Libertarians; specifically those of the Ron Paul variety. Do you think that the U.S. economy would fare well under strong Libertarian influence?
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