Howard Rich's Blog

May 19, 2009

Audit the fed

I’ll be the first to admit that the notion of Washington politicians auditing the Federal Reserve initially struck me as a little bit kooky – and more than a little bit backward.

Shouldn’t the financial geniuses be auditing the politicians, not the other way around?

In fact, one of the reasons that the Fed has been given such wide latitude throughout its history is the widely-held belief that our nation’s monetary policy should be conducted free from political “interference.”

Continue Reading: Audit The Fed

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