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Good News for Sound Money: Ron Paul Will Lead Monetary Policy Subcommittee
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Blog

Good News for Sound Money: Ron Paul Will Lead Monetary Policy Subcommittee

The movement to audit the Fed won a huge victory last night. Representative Ron Paul (R-TX) who has been a leading critic of the Federal Reserve for decades will lead the Monetary Policy Subcommittee. In other words, the author of the book “End the Fed” will be overseeing the central bank. Look out Fed chairman Ben Bernanke.

12/09/2010
Join Us For a Panel Discussion on Sound Money
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Blog

Join Us For a Panel Discussion on Sound Money

On Tuesday, December 7, 2010 from 11:30 am to 12:30 pm, FreedomWorks Foundation and Atlas Economic Research are co-sponsoring a panel discussion themed "Sound Money and America's Global Economic Leadership."

12/06/2010
The Fed Printing More Money Will Make Things Worse
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Blog

The Fed Printing More Money Will Make Things Worse

Today, Chairman Ben Bernanke gave a big speech on the Federal Reserve’s next move in Boston. During his speech, Bernanke announced yet another round of “quantitative easing”. In plain English, this means that the Fed will fire up their printing presses to create more money. This likely won’t end well.

10/15/2010
The Federal Reserve's Increased Efforts to Hide Bailout Records
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Blog

The Federal Reserve's Increased Efforts to Hide Bailout Records

On Friday, Federal Reserve chairman Ben Bernanke gave a speech claiming that the economy is finally headed on the right track. He stated at the Federal Reserve Bank of Kansas City’s annual economic symposium that "despite this recent slowing, however, it is reasonable to expect some pickup in growth in 2011 and in subsequent years."

08/30/2010
Federal Reserve Transparency Working Group Sends Letter to the Senate
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Press Release

Federal Reserve Transparency Working Group Sends Letter to the Senate

Dear Members of the U.S. Senate: In the last two years, the Federal Reserve Board has lent several trillion dollars to banks and other private companies, financial and non-financial institutions through a series of special lending facilities. The total amount of loans made through facilities exceeds the annual budget of the United States. In addition, it guaranteed trillions of dollars of various assets and also made hundreds of billions of dollars available to several foreign central banks through currency swap arrangements. 

12/03/2009
Fed Open to Spending Even More
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Blog

Fed Open to Spending Even More

Beyond the $1.75 trillion in mortgage related assets and treasury securities the Federal Reserve already has committed to buying, the board said in its April meeting that it was not ruling out buying even more private assets.  Further intervention in the market to purchase more private assets will only prolong the recessionary pain we're feeling now.  The Fed should never have purchased any of their assets and the sooner it discloses what it has bought and how much it's lost, the better for the economy.  Those privileged banks should face market tests of profit and loss rather than receiving bailouts for bad decisions from the Federal Reserve.

05/20/2009

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