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Comment: Let's end the Fed's exclusive franchise, suggestions?

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In reply to comment: The Fed and the Free Market (see in situ)

Let's end the Fed's exclusive franchise, suggestions?

Do we even know what the U.S. has for gold reserves? And given that China and Russia are buying so much gold, are they better positioned to return to a gold standard? I would be interested in hearing your ideas on ending the Fed's franchise because, like you said, that's the number one road block to a market economy.

I think you've raised a very important point and rather than quibble over terminology, i.e., free market vs. capitalism, post a new comment on this topic and start a thread on this topic. Sorry if my comments were on the snarky side, It's just that I'm sick of hearing crony CRAPitalists in the media pretend to be practitioners of free market principles. (Rand Paul: One person can make a difference) (Fast and Furious hearing)