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, econom...
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.
The monetary event that prompted me to enter politics occurred on August 15, 1971. That Sunday evening, Richard “We are all Keynesians now” Nixon announced the U.S. government would default on its pledge to deliver gold to any foreign government holding U.S. dollars at the rate of one ounce of gold for each $35.
The chaos was dramatic. The dollar was sharply devalued, and price inflation became a major problem in the decade of the 1970s, as did steadily rising interest rates. But what impressed me most was that the Austrian economists who made predictions a long time ago were proven correct. It was the consequences of this event in 1971 that prompted me to decide on a lark in late 1973 to run for Congress in 1974. (查看原文)
Do we need end the Fed? -----review of the book “End the Fed” When I browser the news about Chinese Economics, I find the People’s Bank of China which is the central Bank in China is similar with the FED. They need to print the money so crazy for...
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万户侯
Grand Central Publishing2009版
谌毅兵
中国人民大学出版社2010版
0 有用 lilizehua 2012-09-25 22:39:11
用 kindle 读的，大概花了7个小时。感觉这本书的很重要的一点是它是美国国会议员写的，有些一手资料。这本书写的还是不错的，基于奥地利学派。