@Damocles:
You mentioned that you value Milton Friedman's work, so I guess that you know his theories quite well.
I'd like to ask you what you think about this statement:
"At the same time Friedman, a strong supporter of transparency, would undoubtedly support Congressman Ron Paul’s push to audit and to end the Fed. He supported prohibition of fractional reserve banking and withdrawing the US from the BIS/IMF/World Bank global equivalent of the Fed "

And, what do you think about the moneymasters homepage, in general?
http://www.themoneymasters.com/the-money-masters/milton-friedman-end-the-fed/