Money, Banking and the Federal Reserve

Thomas Jefferson and Andrew Jackson understood "The Monster". But to most Americans today, "Federal Reserve" is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.

Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salerno, Hans Hoppe, and Lew Rockwell, this extraordinary documentary is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority.

Alan Greenspan was not, we're told, happy about this 1996 blockbuster. Watch it, and you'll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie is changing America.

Category:

News & Politics

Tags:

• Mises
• Federal
• Reserve
• Greenspan
• Liberty
• fiat
• money
• freedom
• banking
• Federal Reserve System
• Economic
• Documentary
• Economy
• Crisis
• Economics
• Dollar
• Gold
• Educational
• United States Dollar
• America
• Bank
• History

[NicosMind]

You dont get it. Just for the very fact fractional reserve banking exists causes our boom and bust cycle. Watch Trivial Objections with Fractional Reserve Free Banking watch?v=mERetJytkyY

You might also like to watch a video on the trade cycle and capital theory if all 3 of them aint too much for you.

[QCREIGN]

I love that rp is in the video. In my mind that gives it ultimate authority.

[Clayform14]

turn the music down....!

[paz9iffy]

Quick grab your pitchfork and burning torch.

[paz9iffy]

Ingredients for mob mentality:

1) A complex system or idea few people understand

2) General dissatisfaction with the economy or peoples lives in general

3) Plenty of free time

There you have it, the birth of the stop-the-fed movement: A bunch of nutcases running around screaming about fractional reserve banking, debt money and the good old gold standard.

Mining gold destroys the environment for no good reason.

A central bank is a tool, like any tool it can be used for good or ill.

[runelord37]

i agree with most of those points. I merely stated the need. I agree primarily with Dr. Paul however. His plan to phase out the Fed and not dissovle them instantly is the best one. As competing currencies outdo the federal reserve note, watching them decline into complete irrelevance is a sweetness unrivaled by most things i could think of.

[IsThisSiteGayorWhat]

You aren't addressing any of the points I've made...

All I've ever been trying to say here is that if people pull their heads out of their asses and start doing the right thing, the Fed will disappear by itself. It simply won't be relevant in a decent society.

To do that though, we have to stop externalizing our struggles and vicariously pinning our hopes on public figures. We live in a complex society and the simple answers are usually a trick.

All I'm saying.

[runelord37]

...perhaps you should listen to the facts. central banking is itself a source of vast moral peril. you cannot create fiat money out of nothing. the only U.S. entity with the power to mint anything, whether paper or coin, is the Treasury. there is a real reason for this. The Fed feeds vast amounts of corruption into our system. If you dont understand this, then you need to simply do more research.

[runelord37]

i understand those other insitutions power and historical importance. we are the latest incarnation of Empire. Ironically our Republic's restoration is the only thing standing in the way of the NWO. weve never ended the Fed before because prior to 1913 the other central banks were weak manifestations of the power the Fed contains now. If you remove the lynchpin for the M.I.C. then you begin their topple. or at least their vast weakening. Instead of insulting people that are on your side...

[IsThisSiteGayorWhat]

Sorry about the fucking morons comment, this is just incredibly frustrating for me. There are very evil people who would benefit greatly from ending the fed and reinstating the gold standard and no one seems to get that....