Episode 405 • • 2:10:59 - 2:14:44
405: Piles of Pelicans
Gold Standard, Emperor Diocletian Economic Policy
During their debate, Ron Paul countered Paul Krugman's claim that he wants to return to the 19th century by arguing that Krugman's policies of currency debasement mirror those of the Roman and Greek empires. Krugman famously retorted that he is "not a defender of the economic policies of the Emperor Diocletian."