Paul, who has long been a foe of the Federal Reserve and has called for it to be audited by an independent entity, said his message is catching on nationally as illustrated by the rise of the Tea Party and growing concern about the nation’s deficit and debt.
“Although I was talking about these things for 30 years, it was during this last campaign that I was not only delighted but so surprised that college students started to shout back at me,” he said. “They originated the term, ‘Audit the Fed,’ and ‘End the Fed.’
“Now, you can even mention Austrian economics and Mises on college campuses and get applauses,” he said, referring to Austian-born economist Ludwig von Mises, who is viewed as an early advocate of libertarianism.
“It’s coming,” he said. “That, plus the fact that I was in a place to be a spokesman for this, plus the crash, the financial bubble, has all brought this together.”