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A provocative and controversial treatise that argues we cannot actually fix the broken economy without discussing the 800-lb gorilla in the room: the Federal Reserve. Most people think of the Fed as an indispensable institution without which the country's economy could not properly function. But in End the Fed, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. What most people don't realize is that the Fed -- created by the Morgans and Rockefellers at a private club off the coast of Georgia -- is actually working against their own personal interests. Congressman Paul's urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America's economic policy for future generations.… (more)
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The idea of ridding the American people of the Federal Reserve is still not a super popular one, surprisingly. Many Americans will read "End the Fed" or similar titles, or listen all day to an expert discuss the reasons for abolishing it, and still say that it should stay. Their reasons are usually inane: What would we do for currency? We can't afford a bad economy (as if we don't currently have one). You can imagine the liberal's reasoning for keeping a large, overreaching, secretive, powerful federal agency around at the expense of future generations - nothing new. I assure you, the answers to all these questions are covered in detail in "End the Fed" if one is willing to carefully read the 200 pages with an open and unbiased mind.
I would strongly recommend everyone read this book. As Dr. Paul wrote, ending the "beast" is something that liberals, conservatives, libertarians, and populists can get behind, even if it's because of different motivations. Now is the time, every day the Fed operates is another nail in our coffin. Anti-Fed sentiment in this country is the absolute highest it has ever been since this central bank's conception in 1913. If we stick together and spread the word, that is the knowledge that is displayed within these pages, the Fed doesn't stand a chance.
All in all, I found it to be a worthwhile read, though I admit I skimmed most of the second half of the book.