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

[Ollie Tomb]

this vid was posted on 2006 sh*t got real bad in 2008 sh*t really sux in 2012... burn the FED down and bring back the gold standard... woodrow wilson was a bastard...

[ThinkKFirsT]

150 are fed employees , sham on you , you cant use my money.

[NewMexicohighdesert]

....Why are you of the opinion that you are the only one aware of earlier attempts at a private central bank here in America? , Presidents Jefferson and Jackson both fought against earlier attempts....Seeds of corruption??....A private central bank is corrupt by nature as Jefferson stated over 200 years ago "We have more to fear from a private central bank than we do a standing army".....End the privitization of the Fed, End the monitization of our national debt,

[IsThisSiteGayorWhat]

Wow I've never had a comment receive too many negative votes before. Awesome.

Look, the Fed is the third incarnation of an American central bank. It's been killed before. Do your history. It is not about the closing the doors of a single institution, it's about rooting out the seeds of corruption.

You RonPaul-GoldStandard-EndTheFed guys are getting played. Hard.

Hegelian dialectic anyone?

[NewMexicohighdesert]

As long as "The Fed" is made up of private banks, I believe it is totally about the Fed.....As of today The Fed owns more than 1/3 of our National debt. The private banks that make up The Fed received approx. 160 billion in interest on our National debt in 2011 they paid the U.S. Treasury approx. 77 billion in 2011. 83 billion dollars in profits from the U.S. taxpayer in one year is A BIG PROBLEM TO ME...monetization of debt by the Fed is a problem to me

[NewMexicohighdesert]

It is no mystery that the Fed and the I.R.S. were both created in the same year, by the same Congress, by the same Crooks.

[Raford146]

"Taxes are the price we pay for civilization" - Oliver Wendell Holmes, Jr.

[IsThisSiteGayorWhat]

I'm suspicious of this video. Nowhere really does it explore the differences between debt-based, debt AND interest based and debt-free economies

They seem to trash fiat but Colonial Scrip actually worked very very well and was debt-free and interest-free

It seems like there's a big anti-fed wave and it's funny b/c they've killed the Fed before and it always comes back worse

We REALLY have to outlaw fractional reserves and start printing our own interest free money

It's not about ending the fed

[Thunkful2]

There seems 1 silver lining to this FED printing paper or generating electronic money in computer:

Consider that paper-printing is a big (unvoted on) tax imposed on holders of US money, for it dilutes its value. (It also puts people in higher brackets and forces more actual tax paid; like property tax.)

Silver-lining is that it is a sneaky way of taxing non-Americans who hold USA dollars, like the Chinese communists! If they hoard our money, it gets taxed by the FED!

[Thunkful2]

Tomk

I agree that it is de facto a big part of govt. But de jure? It is not in the Constitution. I don't see the FED as a legitimate part of govt. If you have proof that it is, I would like to see it & get educated.