Today's financial hardships stem from the Fed's decade of near 0% rates and QE.

These created a decade's worth of uneconomic investments. Every bad idea imaginable received funding.

Rising interest rates under Powell are the cure and road back to some form of economic sanity. But all of the bad investments piled up since 2008 become exposed. And as much as a “hangover” after the consumption of too much alcohol is painful, so is it painful when a fake prosperity crashes with economic reality.

Americans are "taught" that government regulations (beyond the punishment of force or fraud) are necessary.

Yet, the more government "rules" there are (and there are more than can even be enforced) the more the citizens find out that the regulations are largely an illusion. Whether it's "vaccines" or banking, or any other major debacle; it's time to put an end to the tool that Big Corporations use to create extraordinary advantages for themselves.

The Federal Reserve is an unconstitutional government-created monopoly. Bankers and politicians can act recklessly, while the rest of the population suffers the consequences and pays the price. Without the Fed, would U.S. Governors have been forced to act more rationally?

Without the Fed, perhaps locking down the states would have been unthinkable. But now the unprecedented damage has been done, and bailouts from The Fed are proceeding.

Cicero said: "The sinews of war? Infinite money."

Empires need "infinite money," or the ability to create money out-of-thin-air.

America was not intended to be an Empire. The U.S. Constitution does not grant the federal government power to create money out-of-thin-air. This prohibition was to keep a lid on any attempts at Empire, and it worked...until 1913.

In 1913, Congress passed unconstitutional legislation that created a Federal Reserve, which is central bank monopoly that can create money out-of-thin-air for whatever government wants.

James Madison: Apr. 20, 1795:

"Of all the enemies to public liberty war is, perhaps, the most to be dreaded, because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes; and armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few.

Ron Paul - 3/11/2002:

"When government borrows money, the actual borrowers — big spending administrations and politicians — never have to pay it back. Administrations come and go, members of congress become highly-paid lobbyists, and bureaucrats retire with fat pensions. The benefits of deficit spending are enjoyed immediately by the politicians, who trade pork for votes and enjoy adulation for promising to cure every social ill.

The bills always come due later, however — and nobody ever looks back and says:

@RepThomasMassie's continued leadership on Audit the Fed is just one reason why he is the “gold standard” of pro-liberty legislators in the House of Representatives. With the U.S. economy teetering on the verge of another Fed-created meltdown, Congress has no excuse to continue to prevent the American people from learning the full truth about the Fed’s conduct (and misconduct) of monetary policy.