Originally Posted by Pipemajor
Is he unhappy with the way the Fed is currently audited?
Paul wants to abolish the Fed. Let the world's largest, most dynamic economy dial back to 1800's type of money policy in a 21st Century world.
That sounds like a great idea. We still use other old ideas, like thousands of years old things called wheels, other ancient things called levers, and a lot of that ancient material, iron.
let the world's largest, most dynamic economy go back to sound money which cannot be inflated, a population return to savings which they do not need to play stock market roulette with in order to keep pace with intentional inflation, and a form of money which the govt cannot simply print more of, thus properly constraining it's spending.
Yup, 19th century monetary ideas are looking pretty good, unlike 21st century money which distorts everything it touches.