Will Grigg?s Liberty Minute

March 12, 2010

Americans are being told that our future will include massive levels of ?permanent? unemployment. Millions of Americans once securely ensconced in the middle class confront the prospect of homelessness.

Yet we?re being told to praise the Federal Reserve ? the architect of the credit bubble and ensuing economic crash ? for supposedly alleviating the crisis that it created.

Several months ago, author Ryan Grim published an essay for the Huffington Post describing how the Federal Reserve, ?so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the profession.?

Using the dollars it creates, the Fed has effectively purchased that entire academic discipline, save a few principled holdouts. So it?s hardly surprising to learn that a recent survey conducted by a consulting firm tied closely to Wall Street finds that most economists believe the Fed has ?rescued? the U.S. economy.

The criminal syndicate run by the Federal Reserve demands that we sing its praises even as it steals our country.

Let us take back the liberty wherewith Christ has made us free.