By Jane L. Johnson
Nearly two decades ago, Congressman Ron Paul identified his campaign with the call to "audit the Fed." Congress ignored him then, but the movement to examine and demystify the Fed now is growing.
Would Auditing the Fed essentially end the Fed.
What would happen if the FED were audited properly, and major violations were found? It would be crazy to see an audit that exposes FED corruption/inefficiencies/pointlessness.
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I think the hope is that an audit would at least reveal activity that the general public gets upset about and that leads to useful reforms.
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Brings back fond memories. The answer is a screaming of course, although an investigation would be more appropriate and probably more useful, as the article points out. Ending the fed might be even more useful.
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I'm all for whichever is most politically expedient. I can't even begin to comprehend what the fallout would be of Congress just abruptly ending the Fed.
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Wishful thinking on my part. The banks control congress. It ain't the other way around.
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