The Federal Reserve Is To Blame For U.S. Budget Woes

Impact

In last week's Republican Presidential debate in Charleston, South Carolina, all of the candidates were asked a final question concerning what they thought was the biggest problem facing the country. All of them, in one form or another, answered: government spending and the federal debt.

Liberals and conservatives each agree that the budget should be cut, but both sides have solutions which fail to address the problem of the true fiscal stability. Both liberals and conservatives ignore the main source behind runaway government spending: the Federal Reserve.

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