>>We did much better as a country before it was created in 1913.
We did much better when every bank had its own counterfeit currency?
A well-managed currency does not have to be antagonistic toward the legitimate specified purpose for American Governance : “To Secure These Rights...”
Unfortunately the Fed has never served that purpose — and it needs to be reformed into something that does.
Ron Paul’s lunacy won’t accomplish that.
No man, or group of men has the knowledge to 'well manage' a currency.
/johnny
Ron Paul gets it right once again. He didn't say anything about the Federal Reserve Board in this quote. He said something about a Chairman of the Federal Reserve Board.
Ron Paul is correct about central banks. The rich get richer, the globalists and corporate elitists benefit from money printing and lending schemes while governemts go hopelessly in debt. Does it make any sense that with "quantitative easing" the feds print money they don't have and then say it's loans they have to pay back to the privately-owned Federal Reserve?
Then there's the drone and privacy issues. And Snowden being labelled a traitor. And recreational war-mongering destroying huge parts of the earth.
Ron Paul might not have gotten it all correct, but his views are becoming more appealing to an odd combination of progressives and constitutional conservatives. It's beginning to look hopeful that Rand Paul and some others can get some of it done.
The "lunacy" is RINOS who would rather lose elections than cede power to those who want to save the US.