Progressives and the Fed

DIGG THIS There’s no aspect of private life that Progressives won’t regulate. Andrew Napolitano has said, “The air you breathe, the water you drink, the size of your toilet tank, the water pressure in your shower . . . are all regulated by federal law.” "Progressives" always call for more regulation of the free market, and the current crisis is no different. Yet, for nearly a century, the Federal Reserve System has escaped the Progressive regulatory impulse. Progressives decline to subject Federal Reserve policy to even an audit. Libertarian Congressman Ron Paul observes, “Congress, although not by law, essentially has … Continue reading Progressives and the Fed