The US
Constitution was adopted to support a free market economy using a small
government with limited powers and it worked.
Before
the creation of the Federal Reserve in 1913, the US dollar fluctuated based on
changes in the free market economy and actually strengthened on its own to
reflect the productivity increases due to labor-saving inventions developed
during the industrial revolution from the 1800s to 1900.
The US
dollar of 1913 is worth less than 3 cents because of money printing by the
Federal Reserve.
Congress
needs to reassume its responsibility to “coin money” and repeal the Federal
Reserve Act of 1913. The free market would set the interest rates and the
Congress would not print money the way the Federal Reserve did.
Norb
Leahy, Dunwoody GA Tea Party Leader
No comments:
Post a Comment