9. If I Ran The Fed!

In If I Ran The Fed, Dr. Paul educates the reader on the dire perils of a quasi-governmental institution tasked with conducting the nation’s monetary policy, supervising and regulating banks, preventing bank runs of the sort that precipitated the Great Depression, maintaining stability of the nation’s financial system, providing financial services to depository institutions and the US government, all free of political influence. As part of their treacherous and destabilizing monetary policy, the Federal Reserve is legislatively charged with keeping the unemployment rate as low as possible and keeping inflation in check. If Dr. Paul ran the Fed, regional offices would be converted into laser tag gaming facilities.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s