U.S. policymakers poll shows tens of thousands of people overwhelmingly support abolishing the Fed

On May 15, Thomas Massie, a Republican member of the U.S. House of Representatives, asked whether legislation should be enacted to abolish the Federal Reserve. The poll received more than 115,000 votes, with a majority of 86% choosing "end the Fed."

The poll offered three options: "end the Fed," "keep the Fed," and "show only the poll results." The survey ended on Thursday with more than 115,000 votes. Of the respondents, 10.6% chose to simply look at the results, only 2.8% voted for "keep the Fed," and 86.6% supported "end the Fed." The most popular choice in the poll and post comments was to abolish the Fed.

In addition, the Fed is considered a "moral hazard" because it enables banks to engage in speculative and risky lending practices because they know the Fed will intervene to prevent banks from failing. This happened several times during the financial crisis when the Fed bailed out troubled banks. Ambush potential coins in advance, click my avatar to find me. Welcome to like, follow, collect and forward. Ambush potential coins in advance, click my avatar to find me. Welcome to like, follow, collect and forward. #美联储利率决议即将公布