In this episode of Thoughts from Maharrey Head, I talk about state action to undermine the Federal Reserve and the government's monopoly on money. To visit the show notes page, click here: http://bit.ly/2sKyPwT
Ron Paul mainstreamed the idea of “ending the Fed.” Even today, we occasionally hear about efforts in Congress to audit the Federal Reserve and perhaps rein in some of its power. But as with most things, we simply can’t count on Washington D.C. to fix a problem in Washington D.C.
Nevertheless, all hope is not lost. Several states are moving forward legislation that takes on the Federal Reserve and sets the foundation to undermine its power. If enough states act, it could even effectively nullify the Fed.
In this episode of Thoughts from Maharrey Head, I talk about these state effort and explain how a widespread shift to sound money could limit, or even nullify, the Federal Reserve.