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re: With Trumps support,Rand introduces bill to audit Fed

Posted on 1/4/17 at 10:42 pm to
Posted by tide06
Member since Oct 2011
11350 posts
Posted on 1/4/17 at 10:42 pm to
(no message)
This post was edited on 1/19/21 at 11:27 pm
Posted by Tiger4Liberty
Baton Rouge
Member since Aug 2015
2423 posts
Posted on 1/4/17 at 11:03 pm to
quote:

Here's my question: to what end?


The truth shall set you free.

I'd be happy to just know who the shareholders of the Fed are, though I don't see that among the list of targets of the audit.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35509 posts
Posted on 1/5/17 at 12:02 am to
quote:

Here's my question: to what end?

I think there is a solid chance that the fed is a fraud perpetrated at a scale so grand that it's beyond the imagination of most average people.

But that said, say you audit it and find out that it's a sham. Our entire system crashes, the global economy fails and billions suffer.

So again, to what end? What is the alternative?

It can be replaced sustainably, but not overnight and not without a hell of a good plan and a planned demolition as opposed to shoot first and ask questions later.
I would trust Rand with that knowledge and to make the right decision. I hope he chairs the audit and gets to pick who helps him. A little extra budget to help with the investigation.
Posted by MrCarton
Paradise Valley, MT
Member since Dec 2009
20231 posts
Posted on 1/5/17 at 12:39 am to
quote:

Here's my question: to what end?

I think there is a solid chance that the fed is a fraud perpetrated at a scale so grand that it's beyond the imagination of most average people.

But that said, say you audit it and find out that it's a sham. Our entire system crashes, the global economy fails and billions suffer.

So again, to what end? What is the alternative?

It can be replaced sustainably, but not overnight and not without a hell of a good plan and a planned demolition as opposed to shoot first and ask questions later.



I can respect the fear about what would happen if the fed was suddenly destroyed, but I also believe that if this were to happen it would only be possible in the kind of circumstances in which such a fear had already been realized.
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