The Federal Reserve was created to stabilize the money supply and protect taxpayers, but after 100 years it has drifted farther and farther from that mandate to become an unaccountable banking cartel which functions as nothing more than a piggybank for out of control spenders in Congress, expanding credit, expanding the money supply and devaluing the dollar in a cycle which could very easily lead to hyperinflation and the complete collapse of the dollar which has lost 97% of its value, mostly in the last 30 years.
Although irresponsible leadership in Congress is a very large part of the problem with the Federal Reserve, Rep. Ron Paul’s Federal Reserve Transparency Act is the first attempt to reign in the Federal Reserve and reassert Congressional authority under the Constitution which has a real chance of passing the House and Senate. It would end the secrecy at the Fed and require a clear accounting of their monetary policies and practices. It can pass with your help.
Representative Justin Amash is one of the strongest supporters of the bill in the House and has worked as a close ally of Ron Paul in getting it this far. He assures us that just a few dozen calls or emails from constituents can make a huge difference in how Congressmen vote, and that’s just what we need to pass this bill and start the process to Audit the Fed. This won’t be the end of the fight, but passing the bill with a strong majority in the House will build momentum to get it through the Senate and into law.
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