End the Fed Summary

The SQUEEZE: Economic debates must consider the role of the United States Federal Reserve Bank and its impact upon the current U.S. economy. As Ron Paul suggests in End the Fed, the Fed is unconstitutional and is largely responsible for inflating currency near Zimbabwe level. This type of practice, Paul suggests, threatens the U.S. economy and positions the United States in an inflationary depression, one that is determined by the rise in level of prices of goods and services. If this should happen, the U.S. dollar will suffer devaluation. To prove his points, Paul examines history and economics and evaluates his own personal experiences with political life. The primary theme of End the Fed is that inflation is a hidden tax that contributes to the waging of war and it is a servicer of overwhelming debts. End the Fed is a must-read for economists and federal banking experts.

Notable Endorsement: “Rarely has a single book not only challenged, but decisively changed my mind.”—Arlo Guthrie

 Common Q’s Answered by this Book:

  • What is the U.S. Federal Reserve Bank?
  • What is inflationary depression?
  • What is the current Zimbabwe level (economic)?
  • How is devaluation defined?
  • What is CPI?

 

About the Author: Ron Paul is an eleven-term congressman from Texas. Paul is an advocate for freedom and has dedicated his political career to defending individual liberty, foreign policy, and sound money. Paul served as a flight surgeon with the U.S. Air Force, later moving his family to Texas to start a medical practice as a civilian. Throughout his medical career, Paul delivered more than four thousand babies as an obstetrician. Paul served in Congress from 1976 to 1984 and again from 1996 to the present. Paul earned a Doctor of Medicine from Duke University’s School of Medicine and completed his internship at the Henry Ford Hospital located in Detroit, Michigan. For more information, visit: http://en.wikipedia.org/wiki/Ron_Paul.

 

Book Vitals:

Publisher: Grand Central Publishing (September 2009)


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