Saturday, July 11, 2009

The Fed Under Fire


July 10, 2009

Federal Reserve Deputy Kohn: Please Don't Let GAO Audit Us!


Ron Paul: The Federal Reserve is the World's Counterfeiter
The dollar now is worth 4 cents of what it was worth in 1913 when the Fed was established. So that tells you they’re not very good at protecting the value of money. So that’s the obligation. They should protect the value of the money, not to be the counterfeiters. They are the counterfeiters of the world, and they are protected by this secrecy. {more}

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