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The Start of The Federal Reserve

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Uploaded by on Sep 17, 2011

A video going over how the Federal Reserve got its start, and what impact it has on the American Economy.

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  • So what we need to do is replace the Fed, replace the dollar with a new dollar backed by gold, reset the system by voiding all internal debt, and start new. If you are a banker or presently wealthy, you wouldn't like this idea. People could be given a month or two to exchange their old dollars, up to say $100,000, and we all could restart this game of poker with a more or less even amount of chips.

  • How can I find out the were run prior to fractioanl reserve banking?

  • @Forefatherrabbi this is very true, Thomas Jefferson said that a central bank is horrible. i don't know the exact quote so sorry about not being specific. but the federal reserve caused the Great Depression. you should read "creature from Jekyll island." very good book.

  • I just lobe the fact that I've got an advert fora credit card under this video!

  • Makes sense, but please explain canada's central bank.

  • Not sure if true, now i must look up

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