Richard D. Wolff

On the Thom Hartmann Program, Prof Wolff joins to discuss: should the Federal Reserve be abolished?: “End the FED” – so said Ron Paul, forever. What is the FED? Why is the FED and what would happen if we got rid of the Federal Reserve? If control went away, would the banks simply take all the profit and harm the economy for their benefit? Should we keep the FED, or disband it?

Watch the segment here.