Reacting to a recession - David Frum

http://marketplace.publicradio.org/display/web/2011/09/28/pm-reacting-to-a-recession-commentary/?refid=0

Instead, many conservatives have changed their minds. They have turned against quantitative easing. They call for tighter money -- not to battle inflation (there isn't any) but they think the value of the dollar is best measured against the price of some selection of commodities, especially gold, silver and oil. It is not about the prices most Americans pay, anymore.
Why -- in a universe of prices -- it is these almost randomly selected prices that should govern is never very well explained. Explained or not, the view is strongly held -- to the point where Texas governor Rick Perry accused Ben Bernanke of treason for thinking otherwise.