Eliminate the Fed and you will have a financial apocalypse that makes 1929 look like a picnic. Our enemies in Russia and China will be positively gleeful at the catastrophe.
There WAS A LEGITIMATE REASON that it was created in the first place. Every economy bigger than a breadbox needs a central bank to regulate its' currency. We didn't have one up to 1913. Panics played merry hell with the nation's banks until J.P.Morgan stepped in, as he did in 1907. In 1913 Morgan was at death's door, and there was no-one else who could do it.
I’ll pray that Massie doesn’t take a maiden voyage on a transatlantic ocean-liner traversing the North Atlantic in the spring.
No chance of passing, just a headline grabbing stunt by Massie. Helps him get publicity and donations.
If Massie was so anti-spending, he would have killed spending in the chamber.
I pray that people will donate to his campaign.
He will be up against a lot of Soros money, that will be fighting against Massie this reelection.