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1 Beaverton Politics- Libertarian

End the Fed

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End the Fed Cover

 

Synopses & Reviews

Publisher Comments:

During the 2008 presidential campaign, over 4,000 students gathered at the University of Michigan to hear Republican Party candidate Ron Paul speak. As he began to address the topics of monetary policy and the coming depression, a chant came from the crowd, End the Fed End the Fed As dollar bills were lit on fire and thrown into the night skies, it became clearer than ever that the real problem, one that nobody in the media was talking about, was the central bank-an unconstitutional entity and a political, economic, and moral disaster.

Most people think of the Federal Reserve as an institution that has always been there (it hasn't) and isn't going anywhere. 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 Federal Reserve 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. Ron 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.

This is the truth.

Review:

"At first glance, abolishing the Federal Reserve and returning to the gold standard seems a quaintly eccentric idea, but Texas congressman Paul presents a plan to eliminate our country's central bank, and return to a private banking system, that's both serious and plausible. The questionable aspects involve Paul's predicted results: not only will ending the Fed eliminate inflation (the government cannot print more money than it has gold reserves), but also business booms and busts, wars, income inequality, trade imbalances and the growth of government. Further, and perhaps most important, it would 'disempower the secretive cartel of powerful money managers who exercise disproportionate influence over the conduct of public policy.' Paul tends to gloss over those periods in history, including the Panic of 1907, in which private banking and the gold standard were law: 'the bad reputation of nineteenth century American banking... is largely the result of... propaganda agitating for the creation of the Fed.' With respect to 'secretive cartels,' Paul takes up the interesting question of whether J.P. Morgan is in fact preferable to Ben Bernanke. An engaging response to big-government solutions for the financial crisis, this knowledgeable and opinionated look at U.S. economics, from a firebrand public servant, should provoke much thought." Publishers Weekly (Copyright Reed Business Information, Inc.)

Synopsis:

Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Federal Reserve is both corrupt and unconstitutional. The author explains where citizens and officials have gone wrong and what is needed fix America's economic policy.

Synopsis:

In the post-meltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without considering and challenging the role of 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.

About the Author

Ron Paul, an eleven-term congressman from Texas, is the leading advocate of freedom in our nation's capital. He has devoted his political career to the defense of individual liberty, sound money, and a non-interventionist foreign policy. Judge Andrew Napolitano calls him "the Thomas Jefferson of our day."

After serving as a flight surgeon in the U.S. Air Force in the 1960s, Dr. Paul moved to Texas to begin a civilian medical practice, delivering over four thousand babies in his career as an obstetrician. He served in Congress from 1976 to 1984, and again from 1996 to the present. He and Carol Paul, his wife of fifty-one years, have five children, eighteen grandchildren, and one great-grandchild.

Ron Paul, the New York Post once wrote, is a politician who "cannot be bought by special interests."

"There are few people in public life who, through thick and thin, rain or shine, stick to their principles," added a congressional colleague. "Ron Paul is one of those few."

Product Details

ISBN:
9780446549196
Author:
Paul, Ron
Publisher:
Grand Central Publishing
Author:
Craig, Bob
Subject:
Political
Subject:
Public Policy - Economic Policy
Subject:
Monetary policy -- United States.
Subject:
Board of Governors of the Federal Reserve Sys
Subject:
Banks & Banking
Subject:
Politics - General
Subject:
Federal Reserve Board; American politics and government; Economics; Banking; American history; Politicians; Congressmen
Copyright:
Publication Date:
20090931
Binding:
HARDCOVER
Language:
English
Illustrations:
Y
Pages:
336
Dimensions:
8.25 x 5.5 x 1 in 0.72 lb

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Related Subjects

Business » Banking
History and Social Science » Politics » General
History and Social Science » Politics » Libertarian
History and Social Science » Politics » United States » Politics

End the Fed Used Hardcover
0 stars - 0 reviews
$13.95 In Stock
Product details 336 pages Grand Central Publishing - English 9780446549196 Reviews:
"Publishers Weekly Review" by , "At first glance, abolishing the Federal Reserve and returning to the gold standard seems a quaintly eccentric idea, but Texas congressman Paul presents a plan to eliminate our country's central bank, and return to a private banking system, that's both serious and plausible. The questionable aspects involve Paul's predicted results: not only will ending the Fed eliminate inflation (the government cannot print more money than it has gold reserves), but also business booms and busts, wars, income inequality, trade imbalances and the growth of government. Further, and perhaps most important, it would 'disempower the secretive cartel of powerful money managers who exercise disproportionate influence over the conduct of public policy.' Paul tends to gloss over those periods in history, including the Panic of 1907, in which private banking and the gold standard were law: 'the bad reputation of nineteenth century American banking... is largely the result of... propaganda agitating for the creation of the Fed.' With respect to 'secretive cartels,' Paul takes up the interesting question of whether J.P. Morgan is in fact preferable to Ben Bernanke. An engaging response to big-government solutions for the financial crisis, this knowledgeable and opinionated look at U.S. economics, from a firebrand public servant, should provoke much thought." Publishers Weekly (Copyright Reed Business Information, Inc.)
"Synopsis" by , Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Federal Reserve is both corrupt and unconstitutional. The author explains where citizens and officials have gone wrong and what is needed fix America's economic policy.
"Synopsis" by , In the post-meltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without considering and challenging the role of 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.

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