Quies custodiet custodes ipsos?

SEE HERE Who guards the guards themselves? It's an old problem as testified to the fact that it is a Latin proverb. Who is watching the Fed? These folks may well be noble servants of the people, or they may be ravenous wolves feeding on the peoples' treasure. How are we to know which is the case? An audit seems to be in order. It is also true that since the Federal Reserve was founded the value of the U.S. dollar has declined precipitously. It is hard to conceive of a more deleterious result were the Fed to be robber barons. It seems clear that the whole process is in need of review and reform. We should start today.