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Auditing the Federal Reserve — Ron Paul style
This entry was posted in Finance, Financial Markets, The Global Economy and tagged audit, auditing, banking system, banks, Ben Benanrke, central banks, creating money, deflation, economic crisis, economy, Federal Reserve, financial crisis, gold, government bonds, inflation, laws, loans, monetary policy, Money, money supply, public deficit, public spending, Regulations, Ron Paul, US banking system, US central bank, US Congress, US currency, US dollars, US economy, US financial crisis, US government, US monetary policy, US money supply, US public deficit, US Treasury. Bookmark the permalink.
2 Responses to Auditing the Federal Reserve — Ron Paul style
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I dunno, even if the Fed is already politicized, is this going to make them more or less politicized in the future? I would guess more, and that you might do more harm than good closing the barn door late, especially since the Fed’s “capture” by finance interests is going to be moderated by public discourse and informal monitoring at this point. Audits would generally work against the administration though.
Every bit of public spending should be audited. Period.