Trump to Audit the Fed?

I nearly fell out of my chair when I read this Infowars article, "TRUMP CALLS FOR AUDITING THE FED":

The GOP frontrunner [Donald Trump] said it was important to audit the Fed and even called out his rival, Sen. Ted Cruz, for skipping a vote on Sen. Rand Paul’s “Audit the Fed” proposal back in Jan.

“It is so important to audit the Federal Reserve, and yet Ted Cruz missed the vote on the bill that would allow this to be done,” Trump tweeted out.

Read the rest of that article, because this is arguably one of the single most important proposals of this campaign. Presidential candidates make a lot of economic promises, but the overwhelming majority of proposals made, and even enacted, are "nibbles around the edges", which really don't have much economic impact at all.

What the Federal Reserve does has tremendous impact on our economy every single day. Yet few people in any positions of power in Washington really know what the Fed is doing, because they don't disclose their activities publicly. The entity which controls the amount of liquidity (that's cash to you and me) in the economy answers to no one. The chairman of the Fed will testify before Congress occasionally, but he/she really doesn't usually reveal much in their testimony.

Even though presidents will take credit, or get the blame, for the economy, the Fed is where the economy lives and dies. If Trump is serious about auditing the Fed, then I have to call him a serious candidate. Few politicians have the guts to touch the Fed, mainly because the Fed is in bed with the banking system, especially the "too big to fail"(TBTF) banks. Those TBTF banks are huge political contributors (ask Hillary Goldman Clinton), so politicians will not bite the hand that feeds them.

But that is the question: Is Trump serious about auditing the Fed? I don't know, but I can honestly say none of the others is (aside from Rand Paul, who is sadly unelectable). So if you believe in auditing the Fed, that leaves you with a choice between the shark tank and the active volcano. Normally, you might look for the third option, but remember: Voting for a third party is "wasting your vote".

Of course, there is always the "George Carlin option":