© Provided by Xinhua BEIJING, Nov. 29 (Xinhua) The U.S. Federal Reserve announced earlier this month the fourth consecutive three-quarter point inte
“The Federal Reserve should be abolished because it is immoral, unconstitutional, impractical, promotes bad economics and undermines liberty.” –Ron Paul
August 15 marks a special date in American history: it commemorates the fiftieth anniversary of President Richard Nixon’s suspension of Bretton Woods. With this decision, the United States stopped redeeming foreign governments’ and banks’ dollars for gold.