Money, Banking and the Federal Reserve (HQ)

[FuckThisSiteNow]

RON PAUL IS THE MAN.

[rtxyz1]

I am hoping my aunt Joan comes here to view this.

Thanks for posting this.

Ron Paul 2012

[jalderwood]

Ben Bernanke also watched this video.

[nabil113]

so Ron Paul is right

[VivienNancioa252]

hihi hab was geiles entdeckt haha

[NothingAtAllXD]

Fractional Reserve Banking is really Fictional Reserve Banking. The Reserve only exists in the movies! ;)

[NothingAtAllXD]

What's sad is, is that most of these videos barely have any views, yet you go watch a Justin Bieber or Lady Gaga video, they have 50,000,000 views....this is why America is screwed over. I'm finally going back and researching the spree of information I have collected that way I can tell others the truth about these things. People need to learn the truth about our economy, it's not Capitalism, it's Fractional Reserve Banking. There's nothing Anti-Semitic, Anti-Zionist, Anti-American thing aboutit

[dharmasanctuary]

@NothingAtAllXD if you like writing, start a blog and express your views. It helped me to do this. Have it in your mind that you are just writing for yourself and a couple friends.  Putting your views out there is good for your soul....

[wearechangemaine]

1 dislike must be Bernanke

[metalguitar311]

With regards to Hans Hoppe's argument that the banks must be allowed to fail and go bankrupt - my issue with this is that with that sort of policy, the government essentially privatizes the surface-level blame by forcing the bank to fail, but then socializes the punishment among the depositors who now won't see their money. In the event of a bank run, there must be a way to have the FED act as a "Lender of last resort" ONLY to the people, without subsidizing bad decisions made by the bankers.

[dogtato]

@metalguitar311 That seems fair. The amount of inflation that would be caused by that would be negligable if banks could only go broke once.

[metalguitar311]

This video should be in every curriculum for government classes at the high school level. Very informative.

[britney1456789]

omg ron paul is in the vid :D

[imcocoachristy]

This is my favorite video about money and the fed. I have watched it several times.

[chainrx]

34:04 "No US budget has been balanced since it abandoned the gold standard."

[chainrx]

31:50 - Ron Paul - Former U.S. Congressman... Thank goodness he came back! Ron Paul 2012!

[lancefiasco]

FDR did not put people back to work? Really now?

[BNotAffraid]

I know that this is a typical "conspiracy" type question, but is there any truth to the theory that most, if not all, presidential assassinations had an element of this gold standard vs. central banking issue? Didn't Kennedy desire to take power away from the fed with executive order #11110 in June of 1963, then assassinated in November of that same year. Would it detract from the educational aspect of this great video to mention any of these coincidences?

[metalguitar311]

@BNotAffraid

You have to be careful when discussing real issues like this not to get mixed up in conspiracy theories. Was Kennedy assassinated by someone other than Lee Harvey Oswald? Possibly. Was he assassinated BECAUSE he tried to end the Federal Reserve? Maybe. We'll probably never know. I think mentioning those things adds gravitas to the claims, but it also subtracts believability from the more intellectual folk, who would probably dismiss the whole video as conspiracy theory.

[Dean0000007]

What it comes down to is owning assets.  Unfortunately, more and more assets are owned by the top few, and when crisis does hit the masses will have nothing. When the masses have nothing it naturally comes to a revolt which may or may not include a guilitine to even out the assets. How people think that going back to a feudalist system is ridiculous. Eliminating the middle class will bring a crisis.

[Forsakren]

After watching much of this video, I have to say it's a mediocre introduction to say the least. Mises is great, but not this video. If you want a good one, google "The Money Masters" in google videos you'll see a 3.5 hour long video on this exact subject.

Also if you want to learn more, buy the book "The Creature From Jekyll Island" by G. Edward Griffin. It is THE book on the topic of the Federal Reserve and banking history. Just google G. Edward Griffin even!

[bruce21st]

@Forsakren

The Money Masters video is great as a reference, but it is filled with inaccuracies unfortunately. For example, Thomas Jefferson quotes on inflation cannot be proven and were not found. Not only that, the word inflation didn't exist during his time. You have to be really careful on how you interpret that video and do your own verifiable research.

[Forsakren]

My only problem with this video is they gave no credit to how well the Colonial and the Greenbacks worked as a fiat currency. They only became worthless when they were used to finance wars that happened shortly after their inception. If you like conspiracy, the conspiracy is that the central bank of England and the Rothschild family forced the U.S into war to destroy the currency. Unlike with the private Fed debt + Interest the colonial and greenback was government money, no debt owed to anyone.

[chicago618]

This is a great video but Im trying to learn this so can someone help me understand  the part beginning at 23:29 where it talks about the FR's reserve requirements. In their example how did they get $1000 of inflationary money from $100 based on a %10 reserve at the bottom and then $10,000? I guess my question is a math one which Im obviously bad at. I'm pretty sure I have a grasp of the concept of fractional reseve banking though.

[MarioLeme]

@chicago618 Such 900% multiplication It is done by the use of a banking tool known as "fractional reserve". Search Google Video for "The Money Masters" and see about that. Peace.

[piabarker]

May GOD Bless FREEDOM of SPEECH.

Thank You to those who worked very hard in producing and distributing this most informative piece of IMPORTANT information to the American public.

[sfiorare]

@piabarker - this video is just propaganda and disinformation

[srnoke]

@sfiorare Yeah, and your comment means nothing. Please, disprove this video. I'd love to see you try.

[sfiorare]

@srnoke - it's easily done

each federal reserve bank is audited by independent private accounting firms, by the gao and by internal means; on a yearly basis

you can find a link to see the audits in the description section of the following video:

"how the federal reserve works" GsxmwjQWiZs

[srnoke]

@sfiorare So, that video you provided isn't propaganda because it matches your opinion?

What a hypocrite.

[sfiorare]

@srnoke - at 00:23 the video says that the federal reserve "is subject to no audit"

i've shown you the audits, but of course you don't care about reality do you?

[HelpWakePeopleUp]

I've watched this at least 5 times. :)

[richardcadbury]

Answer me this:

How do you finance a just and necessary war while on the gold standard in the modern world, which requires expensive technology?

[Seaileanu]

@richardcadbury Only through just means.

[toyotas2006]

@richardcadbury

It's only been 60 years since were have one of those

[7Hook]

@richardcadbury

If even you are ignorant enough to believe the official conspiracy of 911, hasn't the US govt achieved a satisfactory body count ratio for the 3000 that died on 911? The US govt has killed hundreds of thousands of innocent people over there, so its an even higher death ratio than Vietnam. How much revenge do you want?

[richardcadbury]

@7Hook

My question was a general one, and not a commentary on any particular conflict, past or present.

Read questions carefully in future...

[7Hook]

@richardcadbury

I did read your question carefully, and it implies that current modern conflicts are just and necessary. They aren't. You pose your question as though anyone who supports a gold standard necessarily supports a system that leaves a country vulnerable to attack, or prevents a country from fighting just wars, so your question is emotionally charged for the purpose of deceiving people. If a country needs to fight a war, issue bonds, don't promote invisible taxation, its dishonest.

[7Hook]

@richardcadbury

the destructive consequences of a fiat currency system have been demonstrated over and over and over and over.

[iagopseleme]

10 thousand views so far, if we get to 100 million this video can truly save the world!

[cleanmrbroadway]

I wondered what this was getting at. Toward the end they want to go on the Gold standard. This again is a Hoax. Plan "B" for a disgraced "FED". What has to happen is the USA must have its own central bank. Print its own money . The true value of a Nation is the blood , swet, expertice , and knowledge of the people. A dollar earned is a dollar printed. Self sufficiency is the result. But the actual practice amounts to no more than greasing the wheel where a free market exist.

[Valdegg]

The gold standard looks nice, but who owns all the gold in the world? The same people who control the current, fiat banking system!

[fractalbuddha]

Interesting thought: On a strict gold standard, it seems everybody in the country could theoretically withdraw all their bank assets simultaneously. I wonder what would happen if people tried that now.

[pretorious700]

Rothbard was a brilliant man.....and funny as hell.

[MsJoy4ever]

This is so sad the federal reserve is the Illuminati =(

[Nintendomanwill]

When government tries to increase demand, they pursue inflation, whether or not they realise it, whether or not they think inflation is a necessary counter-cyclical balance (such being the conclusion of a flawed analysis of the business cycle) so sound money is not wanted by demand side economics. That sounds like a generalisation, but the horrific thing is, it's true.

[DJSIMPLYP]

this makes a lot of sense

[MRSketch09]

@Vlog

Very Interesting video.

[lazarusky]

Thats why today they are buying up the gold.. everywhere you look, its cash for gold....

[pretorious700]

anyone who trades their gold for fiat money at this point is a fool

[AllahConsciousness]

If America did a Hitlerian purge of everyone working with the intelligence community and its operatives, the Pentagon and big banking, then and only then will Americans be a free people once again. You can't reason with these bastards, you just need to send them to one large fucking gas chamber aboard one large fucking train.

[CanadianBeaver]

Peace and Love!

[thomastholin]

Watch these excellent documentaries for more information!!!

1) ***Fall of the Republic*** Alex's Jones

2) ***MAD AS HELL*** & ***Freedom to Fascism*** Aaron Russo's

3) ***ZEITGEIST***

4) ***THE FREEDOM MOVIE 1*** StopTheRobbery

5) ***FOOD INC***

End the Fed!!!

[TheReallitycheck]

Very Good.

Maybe CNN would like to run it?

[Panpiper]

I've watched this a half dozen times over the last couple of years. I expect I shall yet watch it again.

[DavidAKZ]

Have seen 'Money as Debt' 1 & 2 ?

[Panpiper]

This is more 'Zeitgeist', right? Zeitgeist Addendum was half absolutely right and half absolutely 'wrong'. I have little interest in paranoid conspiracy theories. And I am especially not interested in listening to clear propaganda while they are espoused. 'Slaves' to the bankers my fracking arse. If you want the truth, read Mises, don't follow this nonsense.

[DavidAKZ]

So what is the truth then ?

[Panpiper]

The truth In 1 paragraph? Er.. No

There is a big difference between being 'enslaved' and being 'robbed'. We are indeed being robbed blind by the government and the various cronies (corporations, etc.) they are in bed with. But I am free to choose my own work and to spend what money I do have as I choose, I am no slave. And saying so is pure propaganda. 'Working' for a living is slavery? Why, because bankers make profits? The alternative being what? Being given welfare so you don't have to work?

[DavidAKZ]

So called asset values represent debt in the system. If house prices are up people need to borrow to buy. Who pays cash in a debt driven economy? Have you ever wondered how a zillionaire becomes a millionaire overnight ? They had nothing to start with. The value of the asserts were measured in debt - not surplus. To answer your question the (debt) slaves are robbed by inflation, debt and increasing M3. Try telling the bank you have lost your job and cant pay the debt and see what happens.

[Panpiper]

The fiat money system is larceny. That much is true. But to focus on 'debt' as being the evil is to completely misunderstand the root of the problem. If I have saved ten ounces of gold and I lend them to you so you can build your workshop, thereby being able to earn money to pay me back, with interest, the ten ounces I lent you., I have not 'enslaved' you. I have helped you and you are 'paying' for that help though the interest you are returning to me. Debt, in and of itself, is not the issue.

[DavidAKZ]

Perhaps the term debt is not evil. But it's charging at compound interest and creation out of thin air arguably is. You appear to be advocating money based on a limited resource (gold) and the charging of simple rather than compound interest. You might like to check out the following tinyurl . com / ylan799 . Have you tried telling institution x that you have lost your income and can't pay loan y ?

[Panpiper]

Interest is always compounded, there is no avoiding that (not doing so would be very bad). It is not the compound interest that is a problem, it is the fact that the money we use today is based on nothing but paper and is manipulated for political reasons to advantage the government and their 'friends'.

"Have you tried telling institution x that you have lost your income and can't pay loan y ?"

In fact I was forced into bankruptcy recently. So yes I have, and the world did not end.

[drewd1987]

@Panpiper The problem is that the banks are allowed to get people so far into debt that their standard of living is significantly decreased. People aren't generally responsible and society has pushed the SPEND SPEND SPEND idea more than the SAVE idea that our grandparents lived by.

[drewd1987]

@Panpiper Our castles are made of sand, and one day the tide will rise.

[Panpiper]

And none of that reckless lending would be happening if it was not for the flood of counterfeit money that is being constantly created. The bankers have to do 'something' with that money and so they push cheap credit onto whomever they can (among other things). The problem originates with the fiat money system, not with debt itself or even with bankers. It is important to see the 'cause' of the problem, not just it's symptoms. Massive debt is a 'result' of fiat money.

[drewd1987]

@Panpiper Yes I understand that. It's a blatant Mafia-type scheme. Have you read End the Fed? Good read :)

[Panpiper]

You refer to Ron Paul's book no doubt. I have actually not read it. I expect that it is a very good introduction to the problem. But I have already read a good many books about this and an introductory text for me would be redundant. That said, I should probably read it anyway just so I'll know what most people are reading.

Have you read: Economics in One Lesson. by Henry Hazlitt? After Ron Paul's book, that should be next on your list.

[drewd1987]

@Panpiper Thanks, I'll check it out.

Paul's book goes mainly into the specifics dealing with Greenspan and Bernanke policies.

[StrafingMoose]

The channel needs to dig from the past more HQ Rothbard video presentations, this guy is funny as hell if you're into this kind of stuff. And he's the most annoying man in the world if you're a keynesian.

[FoxPMcCloud]

Awesome! Video meets format 35 specifications--I hope Mises decides to go this way from now on (and HD when they can).

[grraadd]

Great video

misesmedia - the best channel out there :-)

[stealthswimmer]

Just watching the first few minutes of this vid, i'm reminded of the Tom Woods vid "Monetary Lessons from America's Past" or something like that. It seems like it's really ONE less from our monetary history that the politicians just never seem to learn and thus end up constantly reminding us of.

[ubuibiok]

*****