Fed Offers 2 Cents on the "Audit the Fed" Dollar

The Fed's willingness to talk suggests they finally realize momentum is strong enough that something will change. Nonetheless all the Fed is offering is talk, perhaps hoping that talk will make the problem go away.

It won't. Talk is cheap. We don't need idle chatter, we need passage of HR 1207, which calls for a complete audit of the Federal Reserve and removes many significant barriers towards transparency of our monetary system.