A New Take? JD Vance Embraces Ron Paul’s Views On The Federal Reserve

Exploring The Shift: What JD Vance's Support Means For The Future Of Monetary Policy

Earlier this week, vice President nominee JD Vance came out publicly in support of former member of Congress Ron Paul’s scathing beliefs toward the Federal Reserve.

This change in position could signal a shift in conservative economic policy, raising curiosities about inflation control, central bank authority, and currency valuation.

During his tenure in Congress, Paul famously championed a movement to “Audit the Fed” and argued that the Federal Reserve’s influence of money negatively impact the economy, causing boom-and-bust cycles and inflation that causes the financial system to become unbalanced.

Vance’s comments were applauded but also met with skepticism. Some members of the GOP are concerned that Vance’s shift on Paul’s beliefs could lead to a fracture within the party’s views on the economy.

Representative Thomas Massie, who supported Paul’s Fed movement, lauded Vance’s opinion, claiming that JD Vance’s support is a step in the right direction.

Vance argues that Americans should not feel indebted to central banking choices they have no say in. Vance also suggested that Congress should pass reforms to ensure that the Federal Reserve is transparent and subject to consistent audits.

With just days until the election, Vance’s pivot to Ron Paul’s ideology could lead undecided voters to casting their ballot for Trump.

With just days until the election, it’s becoming more and more apparent - Kamala Harris is a continuation of the status quo, Donald Trump’s administration have proven to be willing to shake up long-standing institutions if they no longer benefit the American people.