The Federal Reserve has had long enough to demonstrate its use to the American economy. The latest economic crisis alone is enough to discredit its claims as the great stabilizer. There is the long history of devastating inflation, the government spending it funds, the wars and welfare that are made possible by its printing presses, and also the conflicts of interest and corruptions it introduces into public life. We can do without the central bank. We don't need the Fed. Our money and our future would be more assured without it.
In this conference, the Mises Institute returns to the founding home of the Fed, cobbled together in secret at the Jekyll Island Resort in Georgia, under the guise of a "duck hunting expedition."
This conference will honor the publication of Ron Paul's outstanding book, End the Fed, as well as his role in bringing attention to the issue of the Fed in public life. We'll explore the history and examine options and alternatives for the future.
Saturday, May 29, 2010
Labels:Peter Schiff ,Ron Paul Jekyll Island
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.