Ludwig von Mises Wrote About 'Independence.'

'Audit the Fed' deals with transparency.

'Independence' is conveniently used as a half-truth, as propaganda by all of the beneficiaries of the Fed - which of course wants to protect its secrecy. Transparency (auditing the Federal Reserve) shatters its secrecy.

With regards independence from political influence Mises wrote: "This requires also that the money, the medium of exchange, be independent of political influence. If not, the coming years will be nothing but a series of failures of various government monetary and credit policies."

Mises is talking about the independence of the monetary system from the likes of a central bank, such as the Federal Reserve, because that is exactly the political influence that leads to the economic failures that spring directly and indirectly from their meddling.

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