Comment: "End the Fed" is the wrong strategy.

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fireant's picture

"End the Fed" is the wrong strategy.

Even though it would be the end result, attempting to educate the public entails endless argument over monetary policy, which will drag on, unresolved, for decades. Understanding the checks and balances created by the founders, while no easy task in itself, has a lower threshold for comprehension.
I've been a proponent of ending the Fed for several years, but have also believed it to be the wrong target all along.

Undo what Wilson did