Is an Independent Fed Better?
Rep. Ron Paul now has a majority of the House of Representatives supporting his bill for an independent audit of the Federal Reserve System. He presented his case at a Cato Policy Forum recently, with vigorous responses from Bert Ely and Gilbert Schwartz.
Now more than 200 economists have signed a petition calling on Congress to “defend the independence of the Federal Reserve System as a foundation of U.S. economic stability.” The petition seems implicitly a rebuttal to Paul’s bill.
Related posts:
- Independent Jake Towne Skyrockets to a “Stunningly High” 8% in the Polls
- Fed Independence or Fed Secrecy?
- Ron Paul’s Bill To Audit The Federal Reserve Now Has 275 Co-Sponsors in the House, and 17 Co-Sponsors in the Senate!
- Fed Independence Is A Myth
- The Washington Post Comes Out Against Fed Transparency and Ron Paul
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