Monetary Policy - page 2
Want to end the wars? Then End the Fed
Last September, the Ron Paul Institute for Peace and Prosperity held an important conference on the warfare state. My favorite speech of the day (second to Ron Paul's) was Paul-Martin Foss' talk on the relationship between central banking and [...]
Senator Rand Paul and Representive Thomas Massie on Audit the Fed
Senator Rand Paul (KY) and Representative Thomas Massie (KY-03) have both issued press statements regarding their introduction of Audit the Fed legislation (S. 16/H./R. 24). Senator Paul's statement is available here and below: WASHINGTON, [...]
Iceland Today, the US Tomorrow?
During the 2008 economic crisis, Iceland’s government froze offshore accounts held by foreign investors in that country’s currency, the krona. Recently, the government of Iceland announced it would unfreeze the accounts if the account holders [...]
Don’t Reform the Fed, Fed-Exit!
Opponents of a central bank should take advantage of the post-Brexit vote revival of secessionist sentiments to promote a secession from central banking, or “Fed-exit.” Ending the Federal Reserve's monopoly on money is the key to restoring [...]
Last Week's Forum at Cato Institute
By Zachary Nickerson Last Wednesday, the CATO Institute held a book forum on “Renewing the Search for a Monetary Constitution: Reforming Government’s Role in the Monetary System” with one of the editors of the book, Professor Larry [...]
Federal Reserve's Independence?
One of the common claims made by opponents of the Audit the Fed bill is that passing the Audit would somehow compromise the Fed's independence. The problem with that argument is that it assumes the Fed is independent. In fact, the Fed has a long [...]
Ron Paul Statement on Audit the Fed
Campaign for Liberty Chairman Ron Paul issued the following statement regarding the introduction of the Audit the Fed bill in the Senate by Senator Rand Paul (KY) and in the House by Representatives by Thomas Massie (KY-04): I applaud my son [...]
Unhappy Anniversary
This month represents 45 years since President Richard Nixon closed the "gold window" thus severing the last link between the US Dollar and gold. The results have been 45 years of economic instability, declining living standards for the lower [...]
FOMC March Minutes
By Zac Nickerson Economists have been all in a buzz since Wednesday due to the Board of Governors of the Federal Reserve releasing the minutes from their most recent Federal Open Market Committee (FOMC) meeting. Reading through the tedious and [...]
Audit the Fed Reaches 100!
Ron Paul's Audit the Fed bill, introduced as H.R. 24 in this Congress by Rep. Paul Broun (R-GA), has reached 100 cosponsors in less than a month! There's no greater sign of how much progress C4L has made since our founding than the rapid [...]