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GOP Star Rand Paul Hangs with America's Craziest Conspiracy Kook, World Yawns

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FreedomMoon12/11/2010 7:16:00 pm PST

What exactly would an audit of the Fed include? Is it just a euphemism for dismantling the Central Bank? Or is it just publishing a whole bunch of details of what they do, and then hopefully if the findings scare us we’ll strip their power? I know libertarians want to see an end of the Fed, thus Ron Paul’s End the Fed book, but how does an audit bring them closer to achieving that. Isn’t everything they do already public knowledge? Or would an audit, or auditing committee actually have authority in weakening the Fed’s influence on our currency?