100 Reasons to End the Fed

This is an important resource I've put together to help educate people about the evils of central banking and inflationary monetary policy. Please share this around as much as you can! Here are the first ten reasons to End the Fed:

1. The Federal Reserve System constantly inflates the value of our dollar by printing money out of thin air.

2. Graph: The value of a $1 Federal Reserve Note in 1913 dollars (the year the Fed was created).

3. The Fed even recognizes its inflationary activity. The Federal Reserve Bank of Boston says: “When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money.”

4. American economist Irving Fisher said: “Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess.”

5. If you or I did what the Fed does when it prints money, we would be found guilty of counterfeiting and locked up for a very long time!

6. The reason you or I would be arrested for counterfeiting is it’s theft! Every bill you create in bad faith, which doesn’t actually represent the creation of real goods and services, real value that has improved life by directing resources to their most productive uses, is a lie and an appropriation of value from the rest of the world, which gives the counterfeiter goods and services in exchange for nothing, because he or she did not actually create anything of value in return.

7. This is true of what the Federal Reserve does: “Neither paper currency nor deposits have value as commodities, intrinsically, a ‘dollar’ bill is just a piece of paper. Deposits are merely book entries.” – Modern Money Mechanics Workbook, Federal Reserve Bank of Chicago, 1975

8. “The Fed creates absolutely nothing. It does not produce a single grain of wheat to feed people, a single drop of oil to power the engines of an industrial economy, nor a single ingot of metal from the ground to build the products and buildings that improve our lives.” -Wesley Messamore

9. This situation, in which you or I would be arrested for doing something the Federal Reserve does every day, is the hallmark of institutionalized theft and a legal system turned on its head. As French economist Frederic Bastiat said in the 19th century: “But how is this legal plunder to be identified? Quite simply… See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.”

10. The inflation that results from the Federal Reserve’s massive counterfeiting operation steals from hardworking Americans by diminishing the value of the money they earn.

Read the rest at The Silver Underground.


  1. This is a bigger issue than too many Americans realize! And thanks to Dr Paul it has become better known. Even if he is not chosen for the candidacy, he will have at least made this contribution.
    And on line 7 I disagree on one point. The Fed does create one thing. Debt!

  2. Who would set monetary policy if the Fed were ended?

    Charlie Rangel when he was head of the Ways and Means Committee?


    Someone has to do it. If not the Fed, then who?

  3. Who did it before the 1913 Frank?

  4. Frank, imagine Charlie Rangel but without any public scrutiny of his actions, virtually no chance of losing his job or being replaced, near total secrecy, and the ability to make economic decisions with trillions of dollars of our money at a time without even a vote by over 400 other elected representatives. That's what we have with the Fed. Constitutionally, Congress has the power to *COIN* money, not unelected bureaucrats. It's the law. Ideally, instead of the Fed, America would have a free market in currency. Who should set "monetary policy?" You and me.


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