The Federal Reserve itself is unconstitutional. Paul writes: ‘The Constitution is silent on the issue of a central bank, but for anyone who cares about its intent, the Tenth Amendment is quite clear. If a power is not “delegated to the United States by the Constitution,” it doesn’t exist. There is no mention whatsoever of a central bank being authorized. Even if a central bank were permissible, it could not legally repeal the legal tender mandate for gold and silver coins.”
Politicians try to keep big banks and businesspeople happy in the short-term by allowing the Federal Reserve to keep interest rates artificially low. The problem is that these low rates trick investors into taking titanic risks and making poor long-term investments.
Congress is not holding the Federal Reserve accountable. Politicians keep spending money to appease private interest groups and win votes. So, we must hold Congress accountable and demand that it eliminate the Federal Reserve. Our lifestyle is on the line; high inflation will make it impossible to enjoy life as we do now with simple pleasures like dinners out, high-tech toys and annual vacations.
Are you a small businessperson or an entrepreneur? Become a real-life John Galt. Publicly demand that Congress boot the Fed. There is no reason why you should shoulder the burden of government spending through higher payroll taxes and Obamacare.
Hold your head high. It is honorable, not greedy, to make a profit and employ people so that they can support themselves and their families via their own labor and live quality lives.
Are you a consumer? You also must speak up. You should not have to pay above-market prices for inferior products, services and healthcare. You deserve sound money and the freedom to buy the best quality that you can afford.
There is no need to stand up to the government alone. Form or join a group of like-minded citizens. For example, the Liberty Business Bureau is a non-profit organization that helps support consumers and businesses practicing free market principles—effectively America's first free market trade association.
We all need to pressure Congress to audit the Fed. Cosmic public outrage is apparently the motivation politicians need to eliminate this unconstitutional agency. If we unite now, we will save our currency and our freedom by pushing this monster over the cliff.