10 Ways Democrats Screwed America

by Austin Petersen

#3. The Fed

Thanks to Woodrow Wilson feeling like he should do a little bit more to help the average American down on his luck, the Federal Reserve was created in order to ensure that the value of the US dollar would be safe in case of a financial collapse. What Wilson and his friends didn’t realize though was that by granting a private banking institution the power to manipulate the nation’s money, it could also cause hyperinflation. Recently the Fed was responsible for everyone’s favorite 2008 recession, where Wall Street executives and high level banks deemed too big to fail were bailed out on the tax payer’s dime. We can’t put all the blame on poor Woodrow though, after all, he isn’t the first American to be fooled by a bank.

Austin Petersen is a homegrown Missourian with a lifelong passion for liberty. He grew up on a horse farm in Peculiar, Missouri and went on to attend Missouri State University, graduating with a degree in the Fine Arts. After developing a career in media in both New York City and Washington, D.C., he returned to Kansas City, MO, the city he now calls home. In 2016, Petersen appeared on the national stage as a candidate for president of the United States. He took second place in the crowded Libertarian primary behind Governor Gary Johnson and ahead of cyber security maverick John McAfee. During his campaign, Petersen earned many high-profile conservative endorsements, including Mary Matalin, Erick Erickson and Leon Wolf of RedState.com. Petersen also brings decades of professional experience in a wide variety of fields, from content production and media to business and political activism. He is the owner and chief executive of Stonegait LLC, a consulting firm specializing in photo and video services. He was also the director of production at FreedomWorks and an associate producer for Judge Andrew Napolitano’s show “Freedom Watch” on the Fox Business Network. Additionally, Petersen has a national following as a commentator and professional pundit. He is the founder of The Libertarian Republic, a powerful online news source for the public that receives an average of 1 million unique visits monthly and whose podcast, The Freedom Report, receives an average of one million monthly downloads. He is also a frequent contributor on television, appearing on Fox News, Fox Business, CNN, MSNBC and on dozens of local radio shows.

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