Congressmen Ron Paul and Alan Grayson seek to bring more transparency and accountability to the U.S. central bank and “to subject the Fed’s monetary policy and discount-lending actions to an audit by the Government Accounting Office (GAO).” See the full letter and sign below (include affiliation please) in support
Source link: http://blog.mises.org/11212/a-note-on-the-independence-of-the-fed/
A Note on the Independence of the Fed
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My heart and mind are on your side.
It is time…
I support this letter. The current fractional-reserve banking system of a fiat, debt-based money is the cancer eating the planet. The Bank of England model for banking, established in 1694, has reached its zenith and hopefully, with the widespread understanding promoted by the internet, will be shunned and replaced by a private internet banking system based on 100% gold reserves.
It’s been a long time since so many people payed so much attention to basic economic theory. That is a good thing.
End the fed. Shrink the government.
Freedom works. Authoritarianism doesn’t work, even for the authoritarians.
I fully support this letter.
John Alluisi
An individual who understands the import of sound money to the maintenance of individual liberty.
I fully support this letter.
Cameron M Belt
Economics, History, and Philosophy Undergrad
University of Nevada
Libertarian, Austrian Economist to be
I fully support this letter and the fight for liberty embodied by the Mises Institute (tu ne cede malis).
Dr. Robert Harris
Libertarian
Perth, Western Australia.
It’s good to see another West Australian on this site.
I thought I was the only one.
Oh yeah, and I support the letter.
Jay Lakner
Libertarian
Perth, Western Australia.
I fully support the letter.
Tudor Smirna
The Mises Institute in Romania
I fully support this letter.
I fully support this letter.
I fully support this letter. As well as fully supporting the Mises Institute and Austrian economic FACTS!!!
I fully support this letter.
Supported.
Don Cooper
Economist and Editor Qaoss.com
I fully support this letter.
Airborne Systems Engineer, USAF
I fully support this letter ” A Note on Independence of the Fed”
Gary Mesch
entrepeneur, investor, producer, chairman
I support this letter without reservation.
I support this letter without reservation or concession.
You’ve got my total support. The FED must end. It has served only two things:
1) The banking elite
2) Almost total debasement of the Dollar
The power of Gun-vermin is no longer provided by the people, it’s provided by the FED.
It amazes me that ‘economists’ in an allegedly capitalist society continually ignore the role of capital in the economy.
Far from being any source of stability, central banking, in keeping with economic theory, has caused WILD instability and constant redistribution from producers to looters.
I am fully in support of this statement, even with its decidedly weak statement when compared to such an egregious situation.
Derek Ellerman
University of Wisconsin – Green Bay
I support this letter.
I fully support “A Note on the Independence of the Fed” bt prof Hulsmann as well as the FED audit and its abolishment.
The Mississippi & South Seas paper bubbles were the very catastrophes that informed the Framer’s decision to make only gold and silver America’s monies, for unlike men’s paper, they were universally trusted.
Fiat money is the mother of empire, standing armies, debt and taxes, and wars for special interest profits.
No peoples voluntarily accept fiat – it is always by dint of coercion – war finance it’s perpetual excuse. A theft of interest expense and debasement by pure edict NO other industry enjoys.
Greenspan nailed it before fame and fortune won his complicity and silence:
http://www.usagold.com/gildedopinion/greenspan.html
‘Nuff said.
Glenn Holzer
UofF BCN 1982
Self employed Building Contractor – repeated victim of the Federal Reserve misnomered “business” cycle whipsaw of impoverishment, debasement (inflation) and the gigantic exponentially growing debt interest and the debt.
I fully support this letter.
I wish I had a bunch of economics credentials, but I don’t. All I can say is that ONLY Austrians make sense to me, even if government schools hate ‘em, so those are the economists I like.
Full support for Senator Paul, one of the few sincere politicians a voice for freedom in our times.
I support this letter.
Adam Graves
The best looking guy on his street.
Or at least a few houses down.
I support this letter, albeit belatedly…
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