[An audit of the Federal Reserve] would especially reveal the international transactions that go on. When I worked on this in Washington, that was where the greatest resistance was: ‘No, you can’t reveal our negotiations with other central banks, the World Bank, and what we do with governments.’ Who knows what we’re doing, because we are very much involved in worldwide politics, and we have an empire to deal with, and we can channel funds in a certain way through the Federal Reserve. So they wouldn’t be able to do that if you had a true audit of the Fed.
Watch the complete interview here:
Paul does not want to stop with just auditing the Federal Reserve. Paul, who founded the Ron Paul Institute for Peace and Prosperity after leaving the House, advocates for the abolition of the Federal Reserve. Read more about this advocacy in Paul’s book End the Fed.