Economics: The Great Fascade

It's hard to imagine we live in a day where the government can rack up the amount of debt we have as a county, and, get away with it.  The main reason they can is that the majority of the American population is uneducated in basic economics. Throughout high school and for those who pursue a college education, theses courses are not required to take. Somehow i guess i can't quite understand how an art history class is required and these classes aren't. Imagine if in high school how much more your average graduate would be able to prepare with a basic personal finance class. I think, and note this is my personal opinion the quality of student would reap profound benefits from these classes. On a larger scale; the economy in terms of a macro sense is extremely complex. I  mean think of it in terms of yourself. If a person came up to you and asked your thoughts on Quantitative Easing and the effects it has had on the American market; what would your answer be? Or what would you say if somebody asked you about the effects of Hyper-inflation? (those two examples are seeming to go hand in hand). The sad reality is that most Americans probably wouldn't even have a clue what those things are. I'm giving you people food for thought. How much worse or better off would the economy be if we abolished the Federal Reserve? What does the Federal Reserve do? Who is the current chairman of the Fed and what kind of economic philosophy do they practice? These questions may seem petty but they are questions that every American should know. My personal opinion on the matter falls in line with those of the Paul family. Ron Paul believes it should be abolished. Rand believes it  should be audited. That leads to another question, When was the last time the Federal Reserve was audited? 2012 is the answer. But it wasn't really much of an audit. Before that? It never had been. What it did reveal? It revealed trillions of dollars in secret bank bailouts. http://www.nationofchange.org/first-federal-reserve-audit-reveals-trillions-secret-bailouts-1314633089. This link will start you on the journey on just what is taking place in your government. A lack in education though generally leads people to instantly blame the President of the United States. Fact is, they are as of late, becoming the puppet for Wall Street and the Fed. If you really want to put the blame on someone look up these names: Alan Greenspan and Ben Bernanke. Also to answer an earlier question Janet Yellen, the newest Fed Chariman runs along the same Keynesian theory as the her two predecessors. Basically what i'm saying is Education is the tool to save this country. The government gets what they want when there isn't an educated public. They can cook books, they can provide fake numbers and use VERY BIG EDUCATED TERMS THAT THE PUBLIC CAN'T UNDERSTAND. It's the perfect system to spend all the money you want and continue to hold stake on your cushy Congressional seat. So we need to make it a point to be educated that way we can sift through the things that our government thinks they can get away with.