The growing interest in the book soon to be released by Ron Paul named End the Fed is unprecedented in monetary history, and reveals the extraordinary times we live in where there is a chance to change the monetary policy in the United States in a way that could benefit all of us.
What’s unique at this time is the near collapse of the banking system generated the desire and interest from people in how that could happen; that created the opportunity from those like Ron Paul who had spent their lives studying and fighting against what the Federal Reserve practices and represents.
Now what’s extraordinary about this is the Fed has enjoyed — for the most part — operating behind the scenes and in obscurity with almost no one having the name in their minds or talking about it. So when people talked about the folly and danger represented by the Federal Reserve, it fell on deaf ears, as it simply didn’t compute as to what it was and why we as American citizens should care.
That has probably changed forever now, as the practices of the Fed are starting to be grasped and understood by a growing number of people, and they can’t simply just slither back under their rock, even though they’re trying to do that at this moment by fighting off audits and other means of finding out what’s under their operational hood. They prefer to go back to the days where everyone forgets about who they are and what they do, so they can continue to go about their usual business.
August 31, 2009
