We in this country have been given some benefits, definitely, by being able to issue the reserve currency of the world.
The world is in the midst of a crisis today, and many of us believe it is related to a deeply flawed monetary system.
if State and local governments had not been forced to cut back, unemployment would now be below 8 percent.
The most important, according to the way it is presented here, is what is going on in Europe.
We have had this for 5 years, and we are still in a mess.
That bill has nothing to do with transferring who does monetary policy. It is strictly a transparency bill.
We have had trouble for 5 years. The monetary system, you say this is not the be-all and end-all.
You can't amend the Constitution by just saying we are going to create some secret group of individuals and banks.
Because when the Fed talks about independence, what they are really talking about is secrecy, not transparency.
to quote the chairman, it sometimes isn't.
The system is biased against the middle class and the poor.