Sometimes I have a tendency to be too opinonated, which is fine. However, it can distract one from answering direct questions on school assignments. When asked to comment on what brought us to the current crisis, I started with this, and realized I was ranting:
"The issues of how the Federal Reserve (the FED) has conducted itself over the course of economic crises, including the present one, are challenging for me. I am one who believes that the FED has no right to exist under the United States Constitution, let alone be the sole monetary authority. Furthermore, as a believer in the absolutes of the laws of economics, the FED’s actions of attempting to artificially supersede these laws are flagrant, arrogant, and have never worked. We can expect no end in sight for the FED so we must accept its existence, and submit to its coercive use of power.
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