At 100 years old, the Federal Reserve is still fulfilling its intended mission to control the nation’s money supply — empowering big banks at the expense of average Americans.
Forbes magazine is calling on Americans to contact their congressmen to support Rand Paul's "Audit the Fed" bill.
With their nearly vertical rise in price, the digital currency Bitcoins are coming under increased scrutiny by skeptics and naysayers.
The Bitcoin is no passing fancy but is gaining credibility daily as a better alternative to central banks' fiat currencies.
Various government agencies are discussing the possibility of regulating Bitcoin, but some experts say that Bitcoin's decentralized nature makes it difficult if not impossible to regulate.
Andrew Huszar, former Fed official, explains in detail how the Fed's mortgage-backed security buying spree and quantitative easing served mostly to enrich big bankers at public expense.
A new Rasmussen poll shows an overwhelming 74 percent of Americans support an audit of the controversial Federal Reserve, with just one in 10 opposed.
Janet Yellen, President Obama's choice to head the Federal Reserve next year, is among a number of influential economists who would welcome a higher rate of inflation to boost a stagnant economy and reduce unemployment.
Senator Rand Paul plans to block the confirmation of Janet Yellen to lead the Federal Reserve, although he admits he'll likely be unsuccessful.
In an October 30 press release, the Federal Reserve Bank's Open Market Committee blamed the soft economy on a lack of government spending and announced it would continue the purchase of long-term federal debt and mortgage-backed securities indefinitely.