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End the Fed is a 2009 book by Congressman Ron Paul of Texas.The book debuted at number six on the New York Times Best Seller list [1] and advocates the abolition of the United States Federal Reserve System "because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty."
The Federal Reserve Board was created to control, regulate and stabilize credit in the interest of all people. . . . The Federal Reserve Board is the most gigantic financial power in all the world. Instead of using this great power as the Federal Reserve Act intended that it should, the board . . . delegated this power to the banks. [20] [21]
The Federal Reserve Board in Washington and its 12 regional reserve banks across the US employed about 24,000 people last year. The vast majority — more than 86% — of staff work out of the ...
Elon Musk, who is on track to become the world’s first trillionaire by 2027, is known for boldly sharing highly divisive opinions on and desires for the U.S. economy.Musk has beef with a number ...
“The Federal Reserve is one of many examples of how we’ve deviated from the Constitution in that regard,” Lee added. “Yet another reason why we should #EndTheFed.”
[185] [186] From 1999 until his retirement, he introduced bills into each Congress seeking to eliminate the Federal Reserve System in a single year, [187] [188] [189] a position he outlines in his 2009 book End the Fed. Paul is a strong proponent of free trade, once saying that "free trade is an answer to a lot of conflicts around the world". [190]
In 2011, while in Congress, Pence even authored a one-page bill to end the Fed's focus on the labor market. What Pence and others like to point out is that the Fed was founded in 1913 to focus on ...
In the end, the Federal Reserve did hold steady on interest rates through the election, waiting until December 2016 before raising them. It was a decision that Yellen said at the time reflected ...