Former New Mexico Republican Governor and 2016 Libertarian Party presidential candidate Gary Johnson is a libertarian lightweight on most issues (SEE: Tom Woods: Is Johnson/Weld a good ticket for the Libertarian Party?). But the issue that he seems least confident about is the Federal Reserve System.
Speaking in an interview with Kitco News, Johnson warned that auditing the Federal Reserve would incite worldwide panic. He did say, however, that he would sign legislation that would abolish the Fed, which is, at least a good start. But it appears that he really wants to protect the central bank.
Here is the video:
As one of the commenters pointed out in the video: failed interview.
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Headline is wrong. Johnson said it “could”, not “would” create panic. Big difference. His position is more nuanced than this two-paragraph summation implies. He did say the Fed should be audited, and he *could* be right about panic when the audit results are made public. There are a lot of secrets hidden by the Federal Reserve that its leaders have vigorously protected – which is why they do not want to be audited.
is it just my impression alone or does this Gary guy look like some clueless homeless vagrant they grabbed off the street to to try to intercept defecting Bernie voters from going over to the Trump camp?
Grow up.
There were better candidates we libertarians could have fielded, but while not the best we have to offer, Johnson/Weld were names some of the public already knew, and certainly, 1000 times better than the opposition.
This guy is a loon!! I would vote for a bum and we’d have better results!!
You are lying. No where did he insinuate that the bank needed protected. He’s a realist, the markets go crazy over an election, imagine what happens when the Fed is audited, so warning that there may be negative consequences is true. That said he stated unequivocally that he STILL supports auditing the Federal Reserve. He states it will probably never happen, but if he did get the legislation to end the FED, he would sign it. Tired of this hack, click bait garbage being put out all the time, glad I actually watched the video to read what Johnson actually said.
Definitely a misleading summary of the interview. Though it might cause a panic, Johnson comes out fully in favor of government transparency and auditing the Fed!