Federal Reserve System

“I cannot say with what deep emotions of gratitude I feel that I have had a part in completing a work which I believe will be of lasting benefit to the business of the country.”

“The Consumer Price Index is 15 times higher than it was when the Federal Reserve was founded in 1913. In the hundred years prior to the advent of the Federal Reserve, prices in America fell by one third.”

“The Fed is a disaster. We should have a discussion in this country about whether we need a Fed.”