A Short Review of chapters 1 - 3 of Ron Paul's End the Fed

So far, Ron Paul has once again hit it out of the park on his points, resolutions, ideologies

and understandings of the topic he's addressing. In End the Fed Ron Paul goes into explaining

how it is not only fiscally responsible, but is also a wise choice for one to understand

money; it's value, where it comes from, how it's created and who is responsible for it. Those

who are stuck on the idea that "money sucks" or that "money is the problem", are really just

uniformed and uneducated on the fiscal responsibility and role that money plays in a

Libertarian based society. It is not money in itself that is the problem, but rather the form it

is taken.

A civilized, well working and proper functioning civilization (society) needs a form of

money in order to continue and to progress. It needs a SOUND money system, a currency

backed by more than just a fed chairman's word. The currency (money) must also be

created, distributed and kept in a proper form. Unlike today, how we have a central

banking system (cartel) over printing an already weak and debt ridden form of a currency.

Creating a currency out of thin air will only lead to one direction, downward. This takes

the entire economy with it, in such a way none but the fed chairman can be held

responsible for. Most folks wont be willing to admit it, but remember a few months ago,

as in April, well most people do not know, but at that time we were recovering from "The

Great Recession" of 2008 - 2009. A Recession spanning from September 2008 all the way

to May of 2009. Yes, the economy has not gotten any better, but rather worse. This was

triggered by the influx of "stimulus" that was passed during that time of "Recession".

Unfortunately since no one out there in the D.C. crime house knows proper and real

Economics, we are now forced to suffer through a "Greatest Depression". While during

that "Great Recession", if taken the proper steps (steps offered by Ron Paul, Peter Schiff,

Max Keiser, Ludwig Von Mises, etc.) we could actually be, right now, going through a

slow, painful, but yet much more positive recovery scenario. But, as said before, the mass

influx of "stimulus" has shattered that hope forever, permanently.

You see, though depending on its form, money can be very evil, sinister, and

devastating it is also crucial for survival. It is necessary for maintaining a free society, a

healthy economy depends on it. Sound money is also crucial for preventing unnecessary

wars. Limiting Political power is also impossible without it. To understand money, one

must completely understand the role, the power, and the regulations a central banking

system can make, and does. In the United states, we have the Federal Reserve, where the

UK has the Bank of England, the instruments by which our money and credit are constantly

manipulated for a privileged class. Ron Paul also goes into how more than half of

Americans have no idea where their money comes from, who's in control of it, and how it

is created. By the Fed of course, the "Independent" Banking reserve.

The Origin of the Fed. The Average American does not really think much about the fed,

rather than it is a strange entity that makes their money for them. And not, the fact that it

is a private central reserve with controls and powers beyond that of congress and even

the president. They simply accept that it as though it has always been there, where as that

is not the case. Anyone visiting Washington D.C. can see the huge monument of the

Federal reserve, which opened it's doors for operation in 1937. Since then, we've had

numerous fed chairmen come before congress and the supreme courts, spouting coplex

data, making predictions, and attempting to intimidate anyone who would take issue with

them. Though one would never really begin tothink of corruption, and mismanagement

with these words of the chairman, at least those who do not know of the proper forms of

money and the economy.


Though I am only on Chapter 3 of the book, I can already tell, this is going to be a great

read. Definately up there with Dr. Paul's work, such as his "The Revolution, A Manifesto"

and "Pillars of Prosperity", and of course "A Foreign Policy of Freedom". End the Fed is

great read for anyone, and I mean anyone; (anyone with an open mind that is). This book

even goes into counter arguments for conversations with Keynesian Economist and just

the average marketeer. I highly Recommend this book, for End the Fed goes into great

detail on what is happening to the Economy, not just ours, but also world wide. The first

chapter even goes into how important it is for a person to understand how the economy

work, how their money works, is used and created, as well as why the fed is there, how it

got there, and why it now needs to be shut down and ended. Quoted from the book; A

person who is well informed and has a good level of knowledge on how the economy

works and how their money works, and is suppose to work, is more likely to come out of

this economic catastrophe better off than the average "consumer" and "spender".

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