Federal Reserve
Thomas Jefferson’s Warnings and Predictions about the Dangers of Money-Printing
Thomas Jefferson’s chilling warnings about unchecked fiat, paper money proved prophetic as the U.S. plunged into its first boom-bust economic crisis in the early 19th century. In an 1814 letter to Thomas Cooper, Jefferson wrote, “Every thing predicted by the...
Utah’s Step-By-Step Strategy in Support of Sound Money
“End the Fed” is a popular slogan among supporters of sound money, but it’s almost certain that Congress will never shut down its own money printer. So, as the Founders repeatedly advised, it’s up to the people of the states to get the job done. Since 2011, people in...
Federal Reserve Responsibility for Consumer and Government Debt Crises
According to the Federal Reserve, credit card delinquencies increased by 50 percent in 2023, while consumer debt grew to 17.5 trillion dollars. A recent survey by Clever Real Estate found that three in five Americans have credit card debt and that 23 percent of...
How the Federal Reserve Backstops the Biggest Government in History
The Federal Reserve is the engine that drives the biggest government in history. Without the central bank’s machinations, the U.S. government wouldn’t be able to borrow and spend to the extent that it does. Congress wouldn’t be able to sustain...