You don’t need a PhD in economics to understand that the Federal Reserve is asleep at the wheel if the value of a dollar has declined by 95% during the last 85 years (it has) and one of the Fed’s primary goals is to keep price increases at a reasonable level (it is). Many in Congress have suggested that the United States dramatically changes how the country manages its financial regulatory structure—maybe it’s time to start by giving the Federal Reserve the boot.
