The Fed Creates a Crisis and Hampers the Recovery

If ever a government agency should be sent to the trash heap, it is the Federal Reserve System. For nearly a century, it has inflated the dollar, stood behind questionable and downright unsustainable financial activities, and launched one boom-and-bust cycle after another. Yet, even when such actions are exposed, nonetheless the central bank has plenty of enablers in Congress and in the media who somehow believe that the Fed can reform itself and should be given even more power and authority than before.

How will we pay off the debt accumulated with all the spending being proposed by the Fed? Murray N. Rothbard had an idea. Repudiate it!