Dear Patriot,

The situation must be dire when the Federal Reserve board starts to admit the inflation they caused is hurting the economy and hurting the middle class and poor.

New York Fed President John Williams is giving plenty of warning that more chaos is coming . . . in the form of rapidly rising interest rates.

Nobody really knows what interest rates should be -- that should be decided by the free market. But when the Fed actually acknowledges the need to raise interest rates, you know we’re in for a bumpy ride.

It’s becoming too obvious we’re in trouble.

And it’s the Fed’s fault.

From Bloomberg:

The Federal Reserve’s decision to pivot toward a more aggressive inflation-fighting stance this week helps position the central bank to begin raising interest rates next year, New York Fed President John Williams said.

“It’s really about getting our monetary policy stance in a good position, and also -- obviously -- creating the optionality, at some point next year, likely, to actually start raising the federal funds target range,” Williams said Friday in an interview on CNBC.

While the Fed acts like they can continuously print money to satisfy the appetite of Congress to spend this country into oblivion, the rest of us suffer.

And the VERY LAST thing they want is transparency. . .

Which is exactly why we should be DEMANDING it now -- louder than we ever have before.

It’s time to push for a full audit of the Federal Reserve.

Sign the petition to your U.S. Representative and Senators DEMANDING they cosponsor Audit the Fed while there’s still time to save this country from HYPERinflation.



Once you’ve done that, please consider a donation to Campaign for Liberty and our efforts to force transparency of the reckless Federal Reserve. $9, $99, or whatever you can afford.

The last time inflation reached levels this high was 1982 according to the latest Consumer Price Index (CPI) calculation.

More people than ever are starting to realize it’s no coincidence prices are going up -- it’s the out-of-control spending by Congress enabled in whole by the Federal Reserve.

The Wall Street Journal on Friday printed:

The Federal Reserve Banks’ stockpile of publicly held Treasury IOUs exploded from $476.3 billion in the third quarter of 2008 to $5.91 trillion in this year’s third quarter—that is, from 7.5% to 25.3% of GDP. In the same period, the federal debt grew from 67.3% of GDP to 122.6% of GDP. It seems doubtful that it would have been so easy for Congress to have let the debt grow twice as fast as the economy had it not been able to count on such an accommodating central bank.

And we are certainly in dangerous territory with $Trillions more spending on the table for President Joe Biden, House Speaker Nancy Pelosi (D-CA), and Senate Majority Leader Chuck Schumer (D-NY).

The actions of the Federal Reserve and spending by Congress have created the most massive asset bubbles in the history of the world and the worst inflation in the U.S. in at least 40 years.

I suspect it’s even worse than they’re letting on. It could be the worst inflation ever.

Now the solution being presented is to “prick the bubble.”

Patriot, at this rate, we’re headed off a cliff.

Why isn’t the solution offered ever about transparency of the process of who gets all these electronically “printed” dollars?

Patriot, it’s because they don’t want their crimes revealed.

And they’re hoping you just take inflation on the chin because it effects the poor and middle class infinitely more than it ever effects the elites.

The Epoch Times is reporting on just how impactful inflation has been: “Surging inflation will cost millions of Americans more than $3,000 in additional expenses this year, according to a Penn Wharton University of Pennsylvania Budget Model (PWBM) analysis published on Wednesday.”

Imagine what a loss of $3,000 annually does to the bottom line of a family living paycheck to paycheck?

And that’s just in the last year. 2022 is shaping up to be even WORSE!

What needs to happen is a full and complete audit, and Patriot, I think the pressure could be applied to finally do it for the first time in the Federal Reserve’s 108-year history.

The bad news is today we sit with just 58 cosponsors in the House, which is a far cry from where we need to be. I understand Congress has been bogged down with COVID, and Audit the Fed hasn’t been a priority.

But given the fact the Fed is at the root of America’s financial crisis now and was a player in the print-money-now for COVID bailouts, it’s now time to see all the Fed has been up to!

I’m urging you to take action AT ONCE to move these vitally important bills forward.

Sign the petition to your U.S. Representative and Senators DEMANDING they cosponsor Audit the Fed while there’s still time to save this country from HYPERinflation.

Once you’ve done that, please consider a generous donation to Campaign for Liberty and our efforts to force transparency of the reckless Federal Reserve. $25, $75, or whatever you can afford.



If passed, Audit the Fed would finally show the American people that the Federal Reserve System leads to:

*** Constant economic crises. The 2008 housing crisis and the resulting chaos is just one example of an economic bubble created by centrally planned interest rates and money manipulation. And we’re in the midst of another bubble that could burst any second;

*** The destruction of the middle class. As food, housing, medical care, and education costs soar, everyone who is NOT on the government dole is forced to make do with less as the value of their money plummets;

*** Currency destruction. History shows us that riots, violence, and full-scale police states can result when people finally realize our money isn’t worth the paper it’s printed on and REFUSE to accept it.

We don’t have much time to push the cosponsor count into the 100’s where it needs to be for a major push . . . before they put the final nail in the coffin of the Dollar. The constant currency manipulation has done nothing but slowly destroy the Dollar over a century.

But since the manufactured Coronacrisis, they’ve finally started to do it a little too quickly.

Almost comically (if it wasn’t so damaging to our country), President Biden announced on Twitter last week that our country “pays its bills on time,” which is why he’s now eager to sign off on raising the debt limit.

Talk about an oxymoron!

I have to say, my favorite reply to Biden’s proud announcement about even more debt, which will be paid for by you and me, our children and our grandchildren, was Natalie Brunell, Bitcoin analyst: “We just paid our Visa with our MasterCard.”

It’s as if Joe Biden has no clue what Americans are actually experiencing when it comes to massive inflation, just as they are really taking notice of the massive dent in their bottom line.

It’s time to stand up to the insanity of the Federal Reserve’s money printing, and Congress needs to take action by advancing Rep. Thomas Massie’s H.R. 24, The Federal Reserve Transparency Act, and Senator Rand Paul’s, companion bill, S. 573.

Sign the petition!

The Federal Reserve is being talked about now more than any time this year, making this the perfect time to really push your U.S. Senators and Representative.

Once you sign, I strongly urge you to forward this message to friends and family.

Awareness of the effects of the current levels of inflation could be just what we need to push Audit the Fed over the top!

For Liberty,

Ron Paul
Chairman

P.S. It’s up to you and me to create the sense of urgency about Audit the Fed in Congress that is severely lacking right now.

If you and I don’t do it, who will?

That’s why I am asking for your immediate action demanding your U.S. Senators and Representative cosponsor H.R. 24/S. 573 for a full and complete audit of the Federal Reserve. . .

. . . before it’s too late!

Click here to sign the petition.

If you’d prefer to donate via PayPal, please click here.

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The mission of Campaign for Liberty is to promote and defend the great American principles of individual liberty, constitutional government, sound money, free markets, and a constitutional foreign policy, by means of education, issue advocacy, and grassroots mobilization.