Rand Paul and Trump to audit the FED
Rand Paul, like his father has been at the forefront of the audit the fed movement for quite some time now. As most of us know and is mentioned in the video, the Fed has been at the centre of every asset bubble since the great depression.
In recent times central banks globally have been printing money out of thin air to add "Liquidity" to financial markets.
I personally think this is a good idea and will hold the Fed accountable for its actions. Even though the Fed is 'private' I think this will gain more attention to the idea of the central banks devaluing our currencies.
Despite this being on Fox news I have found coverage of this very minimal despite the clear ramifications of having the Fed go unnoticed. After all JFK was the last president to question the federal reserve...
The Fed does not "print money out of thin air." That's an ECON 101 myth that has spread rampant. They influence borrowing and lending rates
Odio provident qui sequi quia aut pariatur facere. Nostrum hic ipsum repellendus dolores dolorem enim dolorem in. Minima alias quia non possimus. Praesentium pariatur vero consequuntur porro.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...