Most Americans have no real understanding of the operations of the international moneylenders... the accounts of the Federal Reserve have never been audited. It operates outside the control of Congress and ... manipulates the credit of the United States
About this quote
- What does it mean?
- Goldwater claims Americans don't understand the Federal Reserve and criticizes its lack of oversight.
- In plain terms
- He says the Federal Reserve is unaccountable and misunderstood.
- What can you take from it?
- Financial institutions should be audited and transparent.
Where it applies
Putting it to work
Questions to consider
- Should central banks be audited?
- How does money affect politics?
Another view
It assumes lack of auditing implies malicious manipulation without proof.
More from Barry Goldwater
The most dishonest man we ever had in the presidency.
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