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Book Categories |
1 Why You Should Care 1
2 The Origin and Nature of the Fed 12
3 My Intellectual Influences 32
4 Central Banks and War 63
5 The Gold Commission 71
6 Conversations with Greenspan 80
7 Conversations with Bernanke 95
8 Congress's Interest in Monetary Policy 114
9 The Current Mess 123
10 Why End the Fed? 141
11 The Philosophical Case 149
12 The Constitutional Case 164
13 The Economic Case 179
14 The Libertarian Case 192
15 The Way Out 200
Suggested Reading 211
| Price | Condition | Delivery | Seller | Action |
| $99.99 | Digital |
| WonderClub |
Aaron Klosterman
reviewed End the Fed on December 13, 2009 End the Fed
The greatest enemy of liberty is the privately-owned central bank known as the U.S. Federal Reserve, the operations of which are shrouded in secrecy. When the Fed prints a new dollar, the value of each one in circulation goes down. The Fed shouldn't be allowed to print money for the same reason you or I aren't allowed to counterfeit.
The Tenth Amendment to the Unites States Constitution says that states aren't allowed to declare as money whatever they want. Article 1, Section 10: "No state shall…make anything but gold and silver coin a tender in payment of debts."
The ability to create money out of thin air gives the government unlimited power, the scariest of which is to wage war. Under a regime of sound money backed by gold and silver, government would have to pay for war, or anything else it did. Since war is costly, heads of state would try to avoid it. If war did start, governments would try to settle as quickly as possible. As the author puts it, "It is no coincidence that the century of total war coincided with the century of central banking."
Related News:
Nobel Prize-Winning Economist: Federal Reserve System is Corrupt and Undermines Democracy
Recommended Further Reading:
- What Has Government Done to Our Money? and The Case for the 100 Percent Gold Dollar by Murray N. Rothbard
- The Creature from Jekyll Island: A Second Look at the Federal Reserve by G. Edward Griffin
- The Case Against the Fed by Murray N. Rothbard
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Add End the Fed, Americans have been facing the most significant financial collapse since the 1930s, and instead of a fundamental revaluation of the money machine, all we have gotten is more of the same. In END THE FED, eleven-term congressman Ron Paul gets to the root of, End the Fed to the inventory that you are selling on WonderClubX
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Add End the Fed, Americans have been facing the most significant financial collapse since the 1930s, and instead of a fundamental revaluation of the money machine, all we have gotten is more of the same. In END THE FED, eleven-term congressman Ron Paul gets to the root of, End the Fed to your collection on WonderClub |
