Brian1,
RP actually has a book called END THE FED which answers that question. Lately, he has been more realistic that while the goal would be to end the fed it will take a while to do so because its debt needs to be liquidated.
It is his belief that money which is controld by the private interest of the FED would best be controlled by the people. He thinks that one way would be to allow for competeing currencies to exist. To decriminalize the use of gold and silver for instance. That way people will naturally choose how to be paid and how to pay.
He sees the FED release of $$ into the money supply as a moral issue becasue the debt at one point must be paid. When the debt exceeds the economy’s ability to pay the debt, future generations are paying for our livelihods.
