“Trump ought to Audit the Fed.”
Ding, ding, ding! But what would we tie our currency to? Gold?
Was it not our government that was either unwilling or unable to transfer German-owned gold back to them when the requested it?
Our wealth has been plundered by Washington Democrats, with Republicans watching, and in many cases, assisting.
No. As of this spring Germany has moved close to 200 tons of gold from the New York Fed to the Bundesbank in Frankfurt. That's roughly two-thirds of what they have in New York and the remainder will be transferred in the next year or two.
Make that two-thirds of what they plan on moving. They’ll still have about twelve hundred tons of gold in New York when they are done.
Paul has a bill to audit it. It should be ended and we should be back on the Gold Standard.