Ron Paul might be an anti-semitic muzzie-loving SOB, but he’s good on this issue.
Good article, well worth reading.
I would be fun if the next GOP president appointed Paul to be the next head of the Fed. Just to watch him take it apart from the inside out.
Take the inflation created since the fed reserve act into account and you can see what our actual debt would be if we were under the gold and silver standard.
People have a hard time accepting that Ron Paul is closer to our founder’s than anyone else elected at this time.
Although I don’t agree with everything that Ron Paul says he is an inspiration to what our country was intended to be.
They want to see what Ron Paul said for the same reason they want to know what’s going on with Charlie Sheen. Everyone loves a train wreck.
The dollar has been more stable under the FED than it ever was under the gold standard. Under the gold standard we had wild swings of inflation and deflation on a year to year basis. Only if you intend to hoard dollars in your mattress for 80 years instead of invest them is the gold standard better than paper money.
Independent audits are on the web for everyone to see.
There is one component of the board that is not subject to congressional audit. And it was congress who made it that way. Thats the policy decisions. Of course interest rate policy is announced as soon as the Board of Governors meet. Which pretty much just leaves the Open Market Committee meetings.
Theyre the ones that stabilize exchange rates, and shore up the system when a part becomes shaky. You dont want those decisions public while the FED is actually trying to implement the plan, because people like Soros will work against them. But the money is all accounted for.
Let me fix it....
"... in a poll heavily compromized by the Paulhroids, "one Paulhroid = 10,000 votes" campaign some months back, was ranked as being neck and neck with President Obama. "