Over 4,000 students gathered at the University of Michigan to hear Republican Party candidate Ron Paul speak. As he began to address the topics of monetary policy and the coming depression, a chant rose from the crowd, “End the Fed! End the Fed!” As dollar bills were lit on fire and thrown into the night skies, it became clear that the real problem, one that nobody in the media was talking about, was the central bank – an unconstitutional entity and a political, economic, and moral disaster.
Most people don’t give a second thought to the Federal Reserve, but they should. In End the Fed, Ron Paul argues that the Fed is both corrupt and dangerously autonomous, inflating currency today at nearly a Weimar or Zimbabwe level. What most people don’t realize is that the Fed is actually working against their own personal interests. Ron Paul’s urgent appeal tells us how we went wrong and what we need to do fix America’s economic structure for future generations.