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End the Fed

4.04  ·  Rating details ·  5,948 ratings  ·  453 reviews
In the post-meltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without considering and challenging the role of the Federal Reserve.

Most people think of the Fed as an indispensable institution without which the country's economy could not properly function. But in END THE FED, Ron Paul draws on American history, econom
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Hardcover, 212 pages
Published September 16th 2009 by Grand Central Publishing
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Average rating 4.04  · 
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Nick Klagge
Aug 18, 2010 rated it it was ok
Shelves: economics
I picked this book up because I know that it gives voice to feelings that a lot of Americans share, and I thought it would be worth trying to understand that movement.

When I started this book, I at least respected Ron Paul for being consistent--he not only opposes the Fed and other "liberal" government programs, but also conservative centerpieces like the invasion of Iraq. But as I read this book, one of the main things that jumped out at me was his inconsistency on economic matters. He poses a
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Ron
Oct 24, 2009 rated it it was amazing
"His dominion is an eternal dominion; his kingdom endures from generation to generation. All the peoples of the earth are regarded as nothing. He does as he pleases with the powers of heaven and the peoples of the earth. No one can hold back his hand or say to him: 'What have you done?'"
(Nebuchadnezzar's confession Dan 4:22ff.)

Ron Paul's, "End the FED" serves as a grand demonstration of God's providence ordering all things that come to pass. He does not state this in the book. However, in it, th
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Patrick Peterson
April, 2014 - Started great! Very reasonable description of the Fed and reasons why it needs to be ended.

This book is excellent. The Audio CD narrator is really great. I LOVE his voice. The vocal sound is just right. Really brings out the best in Ron Paul's words. Even though the ideas Ron Paul holds are fundamentally radical (meaning "to the root" NOT meaning "left wing" nor "destructive"), he makes them seem eminently reasonable and easy to agree with by just about anyone. He is quite a gentle
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Brian
Oct 25, 2009 rated it it was amazing
An excellent, thought-provoking--yet brief enough to read in a day or two (though some chapters you may want more time to ponder and research)--book.

I was attracted to Ron Paul via his campaign for president in 2008. I believe I had heard of him before, but he was never in the forefront so his voice was muffled by the noise of larger candidates.

Of all the candidates 2008 he seemed to be the most grounded, the most sound in his arguments, and the least likely to fling the rhetorical BS. His cal
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Dylan
Nov 03, 2009 rated it it was ok
This helped me understand the difference between fiat money and what Paul refers to as "sound" money. No doubt he's right that the Fed, like all powerful institutions, exists to concentrate its power further. The most interesting idea to me is that when the Fed creates money (i.e. inflates the dollar) the first receivers of the new money (banks, government agencies, corporations) can use it before it loses its value. By the time it reaches the last receivers (the average consumers) its value has ...more
Henry
Mar 01, 2012 rated it did not like it
This book is simply a repetitive declaration of Ron Paul's political position, not a detailed expository argument explaining his position. There are no detailed examples or comparative analysis. He might have a good reason why he disagrees with the Federal Reserve System, but it's not in this book.

Since it fails to even present its case, this book is ONLY for people who already support Ron Paul.

It's also poorly written.
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Nathan Sanders
Dec 07, 2018 rated it did not like it
First, a disclaimer: I'm a believer in both free markets and central banking, as are the overwhelming majority of academic economists today. I'm no economist, but I do have an interest in financial markets and enjoy reading an economic paper every once in a while. I received this book as a gift from a good conservative-libertarian friend, who apparently intended either to convert me or provoke me for a laugh. In summary, I don't pretend to be unbiased, but I have, in the past, given good reviews ...more
Bernie
Apr 27, 2011 rated it really liked it
I have a new respect for Ron Paul. He has done a lifetime of homework on this topic and obviously knows what he's talking about. Paul titles his book with a demand: End the Fed. By the end of the book you'll support that demand as he does a convincing job in showing that our nation's economic problems are magnified and often even brought on as a direct result of the actions of the Federal Reserve. Paul starts with a fundamental fact about the Federal Reserve, "After all is said and done, the Fed ...more
Donmakles
I should have read this book a long time ago, but I never had the time to do it until now.

This book required some knowledge or basic understanding of the Austrian School of Economics, the free market, the gold standard, central banking, the Great Depression of the 1930s and the Great Global Recession in 2008-2009.

In this book, Dr. Ron Paul talked about his biggest influences in Ludwig von Mises and Murray Rothbard, the Ron Paul/End The Fed Revolution, the Congressional hearings and interviews wi
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Marshall
Nov 19, 2011 rated it did not like it
Boy, is this guy a loon. This book is mostly just a libertarian rant about the evil government, focusing mostly on the evil, evil Federal Reserve. Between his ranting, he talks about himself, his admiration for cult-leader Ayn Rand, quotes from Deuteronomy, debates he's had with Fed Chairmen, and scatters the rest with spurious economic arguments that defy the consensus of most economists, the Austrian school notwithstanding. Whenever he starts to make his arguments, I'd perk up, and then slouch ...more
Bryan Woerner
Aug 02, 2011 rated it did not like it  ·  review of another edition
Paul spends a lot of time criticizing the Fed (and rightly so) but offers little else in between his bouts of autobiographical reminiscing. Returning to a gold standard is his solution, but he provides no framework on how to do so. Paper money and credit are fictitious he argues, but I would even argue that so is gold. Yes, among all the elements on the periodic table it is rare, but it only has value because we believe it has value - just like the paper (actually cloth) and bits of non-precious ...more
Laura
Apr 13, 2012 rated it did not like it
not engaging writing style, badly written in general. Content, while perhaps interesting in different prose, was not enough to redeem this book.
Maartenbron
Jan 11, 2021 rated it it was amazing

More than 25% of all dollars in circulation were "printed" in 2020.

Few understand that Inflation benefits the few at the expense of many.
Must read.
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Darryl Perry
Aug 09, 2011 rated it it was amazing  ·  review of another edition
Never before have I read a book that starts out by stating, "Why you should care"; but that is exactly what Dr. Paul does with "END THE FED". He explains that the Federal Reserve has been given almost absolute power, unchecked of course, over the entire economy with little concern from Congress. Not only does Congress not care about the power of the Federal Reserve, they encourage the Fed to continue involving itself in the economy. "The Federal Reserve System must be challenged," Paul writes, " ...more
Katie
Mar 04, 2010 rated it really liked it
Scary. China's inflation is the residual effect of our inflation; we are consumers to them; no longer are we producing--so what happens when China's bubble bursts (it will in six months to a year, maybe two, just as our housing bubble burst within six years of its making...we can't afford their commodities, and we are their strongest demand...ie look at all your kitchen product brand names. Consider China's population and tolitarian state. Consider its negotiations with the ME for a new currency ...more
Mark
Nov 26, 2009 rated it really liked it
Let me preface my review by saying that this is my first introduction to Congressman Paul's written work, and so I must focus my observations on his conclusions to the scope of this book and its topic - the Federal Reserve, it's history, and the case for its disbandment.

Where this book succeeds is as an impassioned and very convincing elucidation on the fraudulent nature of the fiat capital system and the undeserving mystique that surrounds it. Paul's approach is direct and to the point, and cer
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Michael Marstellar
Feb 15, 2017 rated it really liked it
"The longer we delay a conversion to sound money and away from central banking, the worse our crisis will grow and the more government will expand at the expense of our liberties." p.70 Ron Paul details in his book: END THE FED that our elastic money system is bringing us to a point of no return. The continued practice of increasing our money supply is debasing our dollar, placing us greater in debt and making us, the people, lose our liberty.

The fiat dollar takes away our liberty because our w
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Scott Waldyn
Nov 13, 2012 rated it really liked it
The best way to view this book is as a gateway to similar books more heavily focused on economic theory. It's intended as an offering to a much broader audience, written so that the average reader can begin to understand where Dr. Paul is coming from and why this topic is important/why one should care.

At the same time, this work does illuminate what is known about the Federal Reserve and the Fed's role in our society. What's nice about this book is that I could read this in Ron Paul's voice, an
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Reese Copeland
Dec 23, 2011 rated it it was ok
I began reading this book in a desparate effort to understand Ron Paul and why he's so popular. I can honestly say, I still have no idea why he's so popular. He makes a good case, at the very least, for how it's a Dual Relationship the Federal Reserve has with the Federal Government. Definitly a conflict of interest. He also makes a good point that when the Fed simply makes more money, inflation sky rockets, and somehow the Fed is left unaccountable. So, while he does make some great points, and ...more
David
Dec 25, 2018 rated it it was amazing
I have had this book on my list for quite some time as there is another book I wanted to read first. But I never seemed to get around to reading that one so I decided to just go ahead with End th Fed! Ron Paul lays out a logical analysis of the Fed's power, organization, and functional operations. He explains how, rather than smoothing out volitility in the markets, it often causes or exacerbates problems at the expense of consumers and to the benefit of banks and politicians. While I am not sur ...more
Will Pacheco
Nov 06, 2012 rated it liked it
Makes some great points, but fails to ultimately delve deep enough into the "End the Fed" arguments made and popularized by its own author. Nevertheless, it does give more detailed accounts of some events and touches on more of Dr. Paul's philosophies and influences that tantalize his admirers.

Readers looking for an academic account or argument for ending the fed, will be left wanting, while those new to the subject may find some reasons for giving the movement some credit.
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Kathleen
Mar 08, 2012 rated it did not like it
This book was a disappointment. I was trying to find out why Ron Paul wants to end the fed and was hoping for a reasoned logical presentation of his point of view. All I got were statements that were not supported and could be proved to be wrong. He writes like he talks--all over the lot
Dan
Sep 28, 2010 rated it did not like it
Shouldve been a 10 page essay/pamphlet
Ed Wagemann
Dec 23, 2011 rated it liked it
End The Fed by Ron Paul

I first developed an interest in politics after 9/11. Why on earth would someone hate America that much, I wondered? Who is al qaida? What the hell is their problem with us? So I began paying attention to politics, U.S. foreign affairs in particular. During the Bush/Cheney march to war in Iraq in 2002 I was tuned in and I watched in amazemenat as that administration fed the American public one line of bullshit after another. I mean I was all for getting rid of Saddam, but
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Abrahamus
Mar 28, 2010 rated it really liked it
Ron Paul lays the ax at the root of the tree in this book by offering a very understandable explanation of how our increasing economic woes are chiefly attributable to two intertwined realities: the existence of the Federal Reserve and the corresponding system of perpetually debased fiat currency. To put it in even plainer terms, our problem is that our economy, for most of the last century, has been controlled by a giant, government-established and endorsed counterfeiting operation, one that is ...more
Shane Senécal-Tremblay
Apr 27, 2018 rated it liked it
Shelves: reviewed
As one would guess from the title, this is a polemic on the fed as an institution, it’s key players, and inflation more generally.

Paul sees the feds capacity to print money as a tax on everyone, a form of price fixing and tool of central economic planning that inevitably ends in ruin. He argues it exists only to benefits bankers, bureaucrats, politicians, developers and robs those who end up with massive debt, decreased real wages, and foreclosures when the bust comes to reckon.

Greenspan is an
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Book Dragon
Jun 13, 2022 rated it liked it
Shelves: finance
This book is essentially Ron Paul’s polemic against the FED, where he makes a libertarian case for ending the fiat currency and return to the gold standard. A bit radical and repetitive at times, but one also cannot ignore the political entanglements of a supposed independent institution in the country.

America has somewhat shifted away from its frugal starts that the founding fathers envisioned to a more materialistic economy which is driven by cheap money. We are also at a precipice of an inte
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Paul Taske
Aug 03, 2021 rated it it was ok
This is what I call a “pointer book.” It’s primary purpose is to point readers to other books which make deeper, more extensive arguments on the subject. Paul offers some personal anecdotes and experiences he’s had on this topic over the years.

Honestly, it’s not really worth reading. Save yourself some time and go directly to what Paul points to: Hayek, Mises, Rothbard who all have more in-depth treatments.

I will say, I was pleasantly surprised with his favorable references to Rand’s Atlas Shr
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John
Apr 18, 2020 rated it it was amazing
Ron Paul is a man for our times as we enter into a Soviet style police state under the guise of “public health.”
Yehudis Dick Meyers
I'm convinced. ...more
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Republican United States Congressman from Lake Jackson, Texas, a physician, a bestselling author, and a former 2008 U.S. presidential candidate.
Originally from the Pittsburgh suburb of Green Tree, Pennsylvania, he studied at Duke University School of Medicine; after his 1961 graduation and a residency in obstetrics and gynecology, he became a U.S. Air Force flight surgeon, serving outside the Viet
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