The Federal Reserve - G. Edward Griffin on Economics 101

Veteran writer, researcher and economic analyst joins The Corbett Report to discuss the Federal Reserve and why it should be abolished. We discuss Ron Paul's HR1207 and Griffin's Freedom Force International. For more information on Freedom Force International, please visit the website:

http://www.freedomforceinternational.org/

Category:

Education

Tags:

• griffin
• federal
• reserve
• bernanke
• greenspan
• ron
• paul
• hr
• 1207
• cartel
• abolish
• end
• audit
• bankster
• bailout
• tarp
• economics
• 101
• corbett
• report

[LeedansParis]

Fantastic!!!

Thank you for the real news!

[gwellyn]

BRILLIANT, WELL SAID

[pretorious700]

When asked what should replace the Fed, Dr. Thomas Sowell replied, "What do you replace cancer with?"

[PistolPackingPatriot]

Bravo. End the Fed. Need I say more? Oh yeah, and say NO to the NWO. Oh, and abolish the IRS and its Income Tax. Oh, and hang the traitors. That pretty much covers it. Yup. Oh one more thing: I want my money back! I want my money back!

[Nikopolis1912]

End the FED!!!

[jbwu2b]

Great. Thanks.

[HostileNegotiator]

Thanks James and Edward. I agree. It must be abolished. Abolish the Federal Reserve.

[yipe222]

All you have to do to see who's right is look at history. But, it's quicker to look at Detroit, Mi. It use to be a wealthy city but after 50 years of solid Progressive government look what they have done to it. Now you have 100's of thousands that have moved. It looks like one big giant slum. Look what progressive unions in Detroit have done to the car companies as well as Detroit itself. There is your PROOF!!

[LPHLPH1]

no other field, other than economics can have "experts" so completely in disagreement on what is true. And of course lawyers. Economists and lawyers are all rats. THey don't care what is right or what is true or what is correct. They only care about who is signing their paycheck. If an economist is a liberal, he can make his data say that redistribution is good. If he is conservative, his data will say the opposite. If his boss is obama, his data will say the exact opposite as Bush.

[LPHLPH1]

the problem with the discipline of economics is that it's almost meaningless as a credential. You could have 6 economists all with PhD degrees in their field, and none of them will agree on anything. Indeed, Karl Marx was an economist, so was Milton Friedman. The only thing they have in common is they are both jews. Economists are tools. By themselves, they are almost worthless. They are hired by powerful people or powerful entities to make the data fit the biased preconcieved idea.

[rblevdawg]

Despite your derogatory remarks, I cannot hate you for being misinformed. To be sure, the fed wants to be seen as the savior in this economic downturn. When in fact they should be scrutinized as the cause of it. By boosting the money supply they are only saving banking institutions by filling their reserve requirements and preventing insolvency.

Thus sustaining the system. The only way banks will ever start lending again, is when buisnesses and individuals begin saving and making deposits.