Ron Paul – The US Constitution never granted the federal government authority to create a central bank.
The Founders, having lived through hyperinflation themselves, understood that government should never have a printing press at its disposal. But from the very beginning of America’s founding, the desire for a crony central bank was strong.
In fact, two attempts were made at creating a permanent central bank in America prior to the creation of the Fed. Fortunately, the charter for The First Bank was allowed to expire in 1811, and President Andrew Jackson closed down the Second Bank in 1833.
Alexandra Bruce – Central banking is really about a small group of people establishing the rules of human interaction and controlling it with the ultimate chokepoint that is money.
Greg Hunter – Best-selling financial author James Rickards says “We are still in the aftermath of the 2008 – 2009 financial crisis.” In the up-coming book titled “Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos,” the crisis of the Great Recession may be over, but “nothing is fixed.”
Ellen Brown – Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too.