Saturday, February 14, 2009

The Case Against the Fed by Murray N. Rothbard

Hmmm, this was an interesting book...for all of the %10 I understood. Economics has never been my strong point. But it wasn't a total waste of time. In fact now I understand Atlas Shrugged a little better! Ha Ha.

What I got from the book is this...counterfeiting is bad and the Federal Reserve is essentially doing this very well and no one cares enough to put a stop to it. FOR YEARS!!! No one checks up on the Feds and most rich and powerful people in the history of the US (plus Presidents of the US) are all in on the scandal right under our noses. The American people are really quite ignorant of the whole thing...including me last week because we are too lazy to learn anything about banking and economics.

The solution...well it took two of the last pages to cover this one...go back to gold coins and don't print any more green paper money in the USA. I'm not sure this would work but at least it would be something since the nation is so totally in debt and the Feds got us there in the first place! They are very good liars and try to make themselves the heroes. Not!

Check out this blog for a better explanation of the Feds today and our economic crisis.

Whole Book

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