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End the Fed

by Ron Paul

MembersReviewsPopularityAverage ratingMentions
6041139,269 (3.86)8
A provocative and controversial treatise that argues we cannot actually fix the broken economy without discussing the 800-lb gorilla in the room: the Federal Reserve. Most people think of the Fed as an indispensable institution without which the country's economy could not properly function. But in End the Fed, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. What most people don't realize is that the Fed -- created by the Morgans and Rockefellers at a private club off the coast of Georgia -- is actually working against their own personal interests. Congressman Paul's urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America's economic policy for future generations.… (more)
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» See also 8 mentions

Showing 1-5 of 10 (next | show all)
Интересный и информативный взгляд на деятельность ФРС и её влияние на экономику США. Важно учесть, что книга написана под сильным влиянием либертарианских взглядов Рон Пола. ( )
  kmaxat | Aug 26, 2023 |
Congressman Paul is very critical of current monetary policy under the Fed, and makes many powerful points to support his views. He makes it hard to find fault with many of these views, and offers reasons why the Fed should be abolished. However while he made convincing points as to why the current system hurts us, I felt the book lacked compensating detail as to what the alternative financial system would look like, and how it would operate. ( )
  rsutto22 | Jul 15, 2021 |
I found it interesting, but I disagree on a lot of Paul's proposed solutions. I agree that the Fed is poorly run and not necessary, but I disagree that fractional reserve banking or fiat currency are necessarily bad. He does a good job at diagnosing the problem (lobbyists interfering in monetary policy, secrecy and artificial cycles), but I don't think the solutions are as well thought through.

All in all, I found it to be a worthwhile read, though I admit I skimmed most of the second half of the book. ( )
  beatgammit | Mar 22, 2020 |
I can't really say I enjoyed reading (listening to) it, but End the Fed is a good primer on what the Federal Reserve is and why it is a bad thing. It was a little hard to follow at times, and I almost gave it 2 stars as a result, but the importance of the overall message caused me to bump the rating up to 3 stars. As much as it was eye-opening, I came away with many questions too. In discussions of economics I often hear things like "Austrian economics" or "Keynesian economics" - both of these economics systems were spoken of in this book, but Paul doesn't take the time to explain these things to the reader. ( )
  Adam_Z | Mar 19, 2018 |
This was the best non-theology book I read in 2009. ( )
  delenburg | Jan 3, 2015 |
Showing 1-5 of 10 (next | show all)
Paul offers a cogent defense of his position. Readers may question his desire to return to a gold standard, but Paul makes a strong case for sound monetary policy.
added by Shortride | editUSA Today, Seth Brown (Sep 28, 2009)
 
Many of Paul’s assertions ring true. Inflation amounts to taxation, he says. Correct. Central bankers are central economic planners, he asserts. Absolutely. Wall Street likes “privatized profits and socialized losses.” No surprise there. He’s right, yet draws the wrong conclusions.
added by Shortride | editBloomberg, James Pressley (Sep 17, 2009)
 
A meandering diatribe against central planning, inflationary monetary policy and "the swollen ego of a Fed chairman."
 
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A provocative and controversial treatise that argues we cannot actually fix the broken economy without discussing the 800-lb gorilla in the room: the Federal Reserve. Most people think of the Fed as an indispensable institution without which the country's economy could not properly function. But in End the Fed, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. What most people don't realize is that the Fed -- created by the Morgans and Rockefellers at a private club off the coast of Georgia -- is actually working against their own personal interests. Congressman Paul's urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America's economic policy for future generations.

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