Rand Paul: Your Govt is Insolvent, Your Govt is Bankrupt!
More Milton Friedman:
The Fed was largely responsible for converting what might have been a garden-variety recession, although perhaps a fairly severe one, into a major catastrophe. Instead of using its powers to offset the depression, it presided over a decline in the quantity of money by one-third from 1929 to 1933 … Far from the depression being a failure of the free-enterprise system, it was a tragic failure of government.
—Milton Friedman, Two Lucky People, Page 233