Book Review – End the Fed

End the Fed
by Ron Paul, 2009

Ron Paul spent a large portion of his time in Congress fighting for sound money principles. Our current system of “fiat money” encourages excessive government spending and then inflation to wash away debt. Those who are fiscally responsible in the current era tend to have to bail out the irresponsible. This book was written right after the bailouts of the Troubled Asset Relief Program (it’s a TARP!) and carries some of the fervor of the Occupy Wall Street protests. I do wish we had a more fiscally conservative government, something neither the liberals nor conservatives seem to be offering. This book is a good overview of the economic, moral, and libertarian impacts of our current monetary policy and describes a reasonable alternative to the status quo.

I listened to the CD recording of this book, which was good.

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