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By Ron Paul
Madame Speaker, I rise to introduce legislation to restore
financial stability to America's economy by abolishing the
Federal Reserve. Since the creation of the Federal Reserve,
middle and working-class Americans have been victimized by
a boom-and-bust monetary policy. In addition, most Americans
have suffered a steadily eroding purchasing power because
of the Federal Reserve's inflationary policies. This
represents a real, if hidden, tax imposed on the American people.
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