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On Transparency of the Fed

February 26th, 2009 | Federal Reserve, Money by Populist Party Daily Updates

The Fed is now pledging to reveal to the public more about its economic predictions, and calls this greater transparency.  This is little more than window-dressing, at best, utterly useless at worst.  Many analysts, especially those familiar with the Austrian school of economics, saw the current economic crisis coming years ago when the Federal Reserve was still telling the American people their policies were as good as gold.   FULL ARTICLE

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7 comments ↓

#1 EndtheFed on 02.26.09 at 4:19 am

Transparency is one thing – abolition is another.  End the fed for liberty!

#2 Michael Boldin on 02.26.09 at 4:26 am

No doubt that the fed in its current form is harmful to both our economy and our liberty.  Monopoly control over money is quite conducive to transferring wealth from the regular people to the wealthy.

A great book to read on this is the short, but sweet, “The Case Against the Fed“

#3 Allen Tran on 02.26.09 at 6:51 am

Government seems to have no problem regulating and investigating and auditing us, but what about themselves, or one of their own?

#4 Steve Henderson on 02.26.09 at 11:32 am

between fiscally squeezing us,and now the new AG wants to slowly & surely do away with our second amendment rights…or that is what he said yesterday..seeing government jobs growing, and we the people who work in private business employment  shrink…and to think those millions of people who were in washington to see historybeing made on Jan,20,2009…passed up a chance of a life time huh ?

#5 David Howard on 03.01.09 at 11:00 am

911 “Mastermind” George Bush Sr.

google: Quadri-Track ZCT

#6 Glen on 04.18.09 at 2:18 pm

Federal Reserve Banks are already audited.  You can download the results off of any of the 12 FRB websites.  Its not a secret.  The FED in Washington is not a Bank its a regulatory board, so what would you audit?  I would love to go to gold and silver money, but with a 600 billion dollar trade deficit our gold and silver would be completely gone in six months.  If you got rid of the FED, then Barney Frank would be in charge of the printing presses, and the first thing he would do would be to print a zillion dollars to give to the poor to make housing and health care “more affordable”.

#7 Spoonerite on 04.18.09 at 4:55 pm

To state that there are full audits of the Federal reserve – and that they’re available for public scrutiny is either based on complete ignorance, or intentional deception.

Either way, it’s patently false.

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