1. Paul Ryan's views on monetary policy are based largely on Ayn Rand's views, and his main concern is about inflation, with a disregard to the concern of employment. He believes the federal reserve should focus more on inflation and if he had his way, he would have the federal reserve completely abandon attempts to ameliorate unemployment rates and solely focus on inflation.
His views include other things such as linking the value of the dollar to a "basket of commodities" in order to stabilize the dollar. Ironically, this would do the opposite and in fact destabilize the dollar completely. Next, he believes that interest rates should be raised as a solution to the recession. This wouldn't work because while it would fix a supply problem, there is no supply problem within the US. The problem is one of demand, which would not be solved by this, but in fact the problem would be exacerbated.
Ryan's ideas for fiscal policy relies mostly on pleasing a wide demographic, but not on actually implementing any effective ideas. His policies do not make any sense when closely analyzed and would not yield nearly as large of profit margins as he suggests.
Ryan's macroeconomics, as the article states, seem nonsensical and illogical. They seem ungrounded in fact, and seem to be intended only as policies for show and tell, and not for any actual implementation. While they sound good in theory to the voters he was trying to appeal to, in actuality they fail to hold any factual basis and fall apart upon examination.
