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Briggs Armstrong, a student at Auburn University majoring in accounting and minoring in finance, recently wrote an article at mises.org “Why I Pay with Two Dollar Bills.” He wanted to express his dissatisfaction with the current monetary policy and get people interested in the subject. His main concern was inflation caused by the Federal Reserve [...]

In July 2009, Congress held hearings on the Federal Reserve System’s independence. Congress discussed Ron Paul’s bill, HR 1207, known as the Federal Reserve Transparency Act, as well as whether or not the Federal Reserve should continue to operate independently. Even though President Obama campaigned on and promised greater transparency in government, and even though [...]