It takes a special communicator to raise the Fed issue and command attention. Only Dr. Ron Paul grew his crowds and audiences on his call to abolish the Federal Reserve, making it a populist campaign theme while educating the youth, referring them to Ludwig von Mises, Murray Rothbard, and other heroic economists.
In 2020, there is an effort within the Libertarian Party to do that again. Jacob Hornberger, one of six candidates vying for the party’s nomination for president, seems to be leading the primary race in no small part due to his ability to speak on the Fed in an educational and exciting way.
Hornberger’s track record goes back decades, founding the Future of Freedom Foundation in 1989. It grew with the Ron Paul Revolution movement, so many libertarian activists see him as something of a rightful heir.
“End the Fed and separate money and the state,” reads Hornberger’s campaign website. “The Federal Reserve is nothing more than a socialist central-planning agency.”
Like Paul, Hornberger can connect the dots between Fed policy and housing, education, and other issues typically treated as wholly unrelated. This holistic approach contrasts with previous Libertarian Party presidential campaigns that attempted to dilute libertarianism down to “fiscally conservative, socially liberal.