Sep 262009
Arguments regarding an audit of the Federal Reserve can be made pro and con. The quote below, from testimony from Thomas Woods before Congress, captures the moral case for an audit.
The superstitious reverence that Americans have been taught to have for the Federal Reserve is unworthy of the dignity of a free people. The Fed enjoys a
government-granted monopoly on the creation of legal-tender money. It is not an unreasonable imposition for Americans to demand to know about the activities of such an institution. It is common sense.
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