NOTICE: The forum will be down for maintenance beginning at 7PM (NH time) this evening. It should be up again by 9PM. Please forgive the inconvenience and feel free to e-mail arick@freestateproject.org if you have any questions or support requests.
The whole operation of the Fed hasn't ever been audited, they exempt parts of it which are giving money to foreign banks and possibly contributing secretly to funding a lot of wars and foreign govts doing all kinds of bad stuff, not to mention interfering with the price of gold and other commodities.
The dual mandate is ridiculous. Trying to keep unemployment low, and keep the value of the dollar steady, generally require completely opposite approaches in monetary policy.
Logged
Bryce in Rochester States I have lived in: PA, DE, WA, ME, SC, NY, GA, UT, CO, NH as of Sep 2011!