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Tag Archive 'fed'

Can the Fed Do That?

The answer is probably no. And you’ll get a kick out of this: The Board is audited annually by a major public accounting firm. In addition, the Government Accountability Office (GAO) generally exercises its authority to conduct a number of reviews each year to look at specific aspects of the Federal Reserve’s activities. The audit […]

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The following is my editing, rewriting and excerpting various portions of a 1995 publication by my colleague Walker Todd entitled, “The Federal Reserve and the Rise of the Corporate State.”  Many of the issues that had been at the forefront of Anglo-American constitutional and economic debates from the time of Francis Bacon (early 17th century) onward were […]

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The Fed Can’t Do That

Learn about how the Fed has completely over-reached its statutory authority and is laying waste to the U.S. Constitution. We The People don’t seem to understand, or care, for that matter.

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On the balance sheet of the U.S. Federal Reserve you will find the following line item: “Notes and bonds, inflation-indexed.”

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Fed Hockey Stick

Read about it here.

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New $5 Bill To Be Issued Today

It looks like this:

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Hear Me Babble About Inflation

The fine folks at KTAR in Phoenix had me on for an interview to respond to the release of the Fed’s January FOMC meeting minutes. Nothing all that groundbreaking. It would have been nice to have time to talk about Milton Friedman.

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