Senator Paul shares a pointed and well documented view of the dangers of fiat economic systems based on Keynesian economic fundamentals and presents a sound argument for eliminating the dangerous, private, institution called the Federal Reserve Bank. The Federal Reserve is not a Government Agency. You might ask, who owns the Fed? With respect to "secretive cartels," Paul takes up the interesting question of whether J.P. Morgan is in fact preferable to Ben Bernanke. Dr Paul is a genuine and sincere man, who unlike almost all other politicos, seems to actually care more for his country and its people than for his own enrichment. The Federal Reserve systematically penalizes those that try to save their money. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. End the Fed is a 2009 book by Congressman Ron Paul of Texas. In turn the purchasing power of the masses is diminished, yet most people are unaware. Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. Instead of protecting the people, Paul contends that the Fed now serves as a cartel where "the name of the game is bailout"—or otherwise known as privatized profits but socialized losses. In order to navigate out of this carousel please use your heading shortcut key to navigate to the next or previous heading. The book debuted at number six on the New York Times Best Seller list and advocates the abolition of the United States Federal Reserve System "because it is immoral, unconstitutional, impractical, promotes bad economics, and undermines liberty. Saving the lives and limbs of our bravest citizens should be enough reason to work for ending the Fed. Comedy Central. The Federal Reserve is the reason why our economy is so bad, for every dollar the U.S. Government borrows from the Federal Reserve, they have to pay back a dollar in interest. "Rarely has a single book not only challenged, but decisively changed my mind. ". I'm not sure I agree with Ron Paul on all of his political perspectives, but one thing I for sure agree on is his view of Money and Currency! The powers that be who run this country do so by means of the Federal Reserve System more than by any other semi-private institution. I say read this book, but read many other economic case studies and you will soon find a place for this brief story of Ron Paul's fantasy. Inflation is a tax, and the value of each one of our dollars goes down a little bit more every single day. Along with "The Creature From Jekyll Island" by G. Edward Griffin, this is a must read for anyone who wants to understand the truth about the Federal Reserve Bank, how it's in bed with our government and why, where our economy in the US is heading and what is needed to stop this freight train from rolling off the cliff. This has led to a national debt of $18 trillion and widespread economic and social disorder. The Federal Reserve system was also designed to trap people. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. We work hard to protect your security and privacy. It is a private bank that prints our money and loans it to us with interest! A major theme throughout the work also revolves around the idea of inflation as a hidden tax making warfare much easier to wage. Please try your request again later. Find unique designs on high quality car magnets available in a variety of sizes and shapes. "The Daily Show with Jon Stewart." Our payment security system encrypts your information during transmission. 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