Quote Originally Posted by Ice
I'm not going to watch the video (2 hours is a bit long), but how do you think we should fix the Federal Reserve?

I do agree it is a problem and the amount of inflation being created is a nuisance along with the boom/bust cycles it creates (the current housing crisis).

I'm not really against the idea of a paper fiat currency, but I do believe more regulation is needed (stricter goals)
Yes, it's actually 4 hours ... But I do encourage you to watch it sometime...

Actually, I'm not sure, but I think it would be hard to "fix" the Federal Reserve since it is mostly a private institution. I believe part of the board at the Fed is selected by the Senate (I don't think it's likely to end up with someone who is against the Fed on the board, though... and if so, certainly never more than one or two at a time). That kind of third degree control, I believe, is the only control we have over the Fed as it is.