Skip to content

Book Review – End the Fed by Ron Paul

January 2, 2010

End the Fed End the Fed by Ron Paul

My rating: 5 of 5 stars Although most of us are familiar with the Federal Reserve most of us don’t think twice about how this organization operates or the ramifications of its policies on our economy. Did you know that the Federal Reserve is made of private banking institutions who benefit from inflation while US citizens pay the price in higher costs? Or were you aware that this quasi-governmental organization is not subject to the same audit requirements that normal governmental agencies are subject? The book includes a history of how the Federal Reserve came into existence and how the monetary policy used by the Federal Reserve to manipulate the economy over the past 30 years directly brought about the financial meltdown. You may recall from your economics courses how the money supply and interest rates are used to control the economy but you may not be aware of the drastic long-term consequences of these policy decisions. Ron Paul lays out the inevitable conclusion if we continue on this path as a nation and why it is necessary to End the Fed. View all my reviews >>

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: