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Gilbert Schwartz, Former Associate General to the Fed, Confesses

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Uploaded by on Jun 26, 2009

On Wednesday, Ron Paul discussed issues concerning HR 1207 at the Cato Institute in DC with Gilbert Schwartz, former associate general counsel to the Federal Reserve.

Here, a member from the audience asked Schwartz how the Fed deals with money. Here is his candid remark.

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  • Classic... coming straight from the heart of the Fed. At least he's honest?

  • That's a nice little gem right there.

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All Comments (7)

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  • Reminds me of one of the great quotes from many "end the Fed" videos: "It's only the llittle secrets you need to worry about. The BIG secrets take care of themselves through the incredulity of the public." So, yes, the arrogance of these thieves is infuriating, because they know NOBODY EVEN CARES!!! Wow.

  • That is funny! He really does.

  • yeah, just a little somethin to keep in your toolbox.

  • The guy that asks the question sounds an awful lot like the guy that narrates the zeitgeist documentary regarding money creation.

  • priceless!

    How he laughes half nervous half arrogant!

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