https://www.lewrockwell.com/2024/10/lew-rockwell/why-equality-is-bad-2/ lewrockwell.com
No Compromise With the Fed! – LewRockwell
By Llewellyn H. Rockwell, Jr.
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Some people argue like this: Although the Fed as it now exists is very bad, a nation needs a central bank to regulate its money supply, and the Fed is better than nothing. That being so, we should try to urge the Fed to adopt a non-expansionary monetary policy. In this view, calls to “End the Fed” are mistaken. I’m sure most of my readers already know what I’m about to say, but, just to be clear, that view is disastrously wrong. We do not need a central bank, and to argue in the way indicated is to betray the great Murray Rothbard and the great Dr. Ron Paul, whose slogan “End the Fed” has galvanized so many of us.
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The transitional demands, then, must be framed while
- always holding up the ultimate goal of liberty as the desired end of the transitional process; and
- never taking steps, or using means, which explicitly or implicitly contradict that goal.”
Let’s do every we can to end the Fed now! On this, there can be no compromise.
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Imagine a world with no Central Banks! Unimaginable? Think of the USA before 1913, and you can imagine that. Where “inflation” was negative. Real money — commodity money — circulated freely. Foreign coins, like the Spanish real, were used along side of gold and silver coins. Prices were always coming down. Want to save your old age, put some coins in a jar on the mantle like my paternal grandmother did — right under her rifle over the mantle.
The best argument against the FED or any central bank that “prints” money is that it allows the Gooferment to inflate the currency to pay for wars.
#ENDTHEFED
We don’t need it and it’s evil.
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