Richardcyoung.com

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin & Alfie Oakes
  • World Gold Mine Production
  • Fidelity & Wellington Since 1971
  • Hillsdale College
  • Babson College
  • Contact Us

Audit the Fed-H.R. 1207

September 25, 2009 By The Editors

The Fed is tasked with keeping America fully employed as well as keeping inflation low. When employment is sagging, the Fed lowers interest rates. When inflation roars, the Fed raises interest rates. The problem is that the two tasks oppose one another. This is a broken system. For evidence, look at my chart. As oil and asset prices grew into a bubble from January 2007 into July of 2008, the Fed did not have the option to crush inflation with increased interest rates because the rate of job creation had been declining since November of 2005. In September 2007, the Fed took the politically popular route and decreased interest rates in response to declines in employment. Seeing employment about to crater in January 2008, the Fed decided to put the pedal down on monetary policy and drop interest rates to the floor hoping that the ensuing recession would pop the asset bubble. That it did, in a terrific fashion.

The Fed needs drastic change. The first step in that change is transparency. H.R.1207 allows Congress to audit the Federal Reserve’s operations more easily. Please urge these congressmen on the House Financial Services Committee to support H.R.1207.

Click here for a list of member of the House Financial Services Committee

Related Posts

  • Audit the Fed Now--Rand Paul
  • Audit the Federal Reserve: HR 1207 and S 604
  • Audit the Fed Passes the House in Bipartisan Landslide
  • Author
  • Recent Posts
The Editors
The Editors
The Editors
Latest posts by The Editors (see all)
  • STARLING: IBM Is Building a ‘Fault Tolerant’ Quantum Computer - June 16, 2025
  • Mossad in Iran - June 16, 2025
  • Are California Politicians Abetting the Violence? - June 11, 2025

Dick Young’s Must Reads

  • Work to Make Money/Invest to Save Money
  • BLOOD THINNERS: Is a Big Advance Imminent?
  • CONSTITUTIONAL CARRY: Alabama Becomes 22nd Permitless Carry State
  • Your Odds with Statins: 500 to 1?
  • Can Curcumin Help in Fighting Cancer?
  • Russian Black Sea Fleet Decimated
  • Tucker Carlson Interviews My Favorite Florida Farmer
  • ACTRESS: “Liberal Politicians Are Ruining Cities”
  • Life: When Others Resent You for Your Success
  • Protection While Traveling in France

Our Most Popular Posts

  • The Night of the Living Dead
  • TRUMP: "Everyone Should Immediately Evacuate Tehran!"
  • Are You Familiar with the EF and Arithmetic?
  • People Are on Edge
  • A Classic Issue from Richard C. Young’s Intelligence Report
  • A Nationwide Day of Defiance
  • Epic Man Cave with Car Elevator in Utah
  • Best Bang for Your Buck: Top 5 AR-15s of 2025
  • Israelis Speculate on American Involvement in War with Iran
  • Whoa, Hang on Here. There’s Trouble in Culver City

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • A Great Victory for Liberty
  • Letchworth: Are You Living Your Best Retirement Life?
  • Job Openings Rise in Four States, National Rate Steady
  • Ethane Shipments Stall as U.S.-China Trade Tensions Rise
  • Historic Tax Cuts Across All States
  • Are You Familiar with the EF and Arithmetic?
  • Canadian Shipbuilder Targets U.S. Arctic Contracts
  • Israel-Iran Conflict Triggers Freight Rate Surge and Maritime Caution
  • US Export Prices Drop Sharply in May
  • Retro Meets Futurism: Dacora’s Ultra-Luxury EV Channels 1930s Elegance

RSS Yoursurvivalguy.com

  • June Rage Gauge: Best Déjeuners in Paris
  • Letchworth: Are You Living Your Best Retirement Life?
  • Will SALT Kill the “One Big Beautiful Bill?”
  • You’ve Read the Last Issue of Intelligence Report: Back to Investor’s Yield
  • The Sound of Silence?
  • Are You Familiar with the EF and Arithmetic?
  • “Happy I Found Richard C. Young’s Intelligence Report”
  • A Classic Issue from Richard C. Young’s Intelligence Report
  • The Rich Man “Doesn’t Need the Markets”
  • Is Bitcoin Really Digital Gold?

US Treasury Yield Curve: My Favorite Investor Tool

My Key West Garden Office

Your Retirement Life: Traveling the Efficient Frontier

Live a Long Life

Your Survival Guy’s Mt. Rushmore of Investing Legends

“Then One Day the Grandfather was Gone”

Copyright © 2025 | Terms & Conditions | About Us | Dick Young | Archives