Money, Banking, and the Federal Reserve

*taken from original movie description*

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 new film is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority.

Alan Greenspan is not, we're told, happy about this 42-minute 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 could change America.

Category:

Education

Tags:

• fed
• illuminati
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• alex
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• billion
• fiat
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• crisis
• loans
• inflation
• euro

[love805]

Hans hoppe the economist made a very good point when he said that bankruptcy is a good thing. If a business cant come through with their obligations why should someone bail them out? the fear of bankruptcy for a bank would mean they would work harder to maintain a certain status..

[Skorianps]

Of course it has gone up and down, but overall it has droped so now it's a fraction of the value it was in 1970.

There is nothing earth shattering about the fact that printing money causes all the money in print to lose value. It can in fact be used as a silent tax on all of us.

For example if the government wished it could abolish all taxes and instead just print money to spend. This would be the truest flat tax possible.

[12gdemos]

@sfiorare Don't you feel like a massive asshole after the audit and the 16 trillion in "off" balance sheet transactions in just 2 years.... Now that you realize you spent your entire life as a brainwashed sheep maybe you can help wake others up...

[1992terps]

Murray N. Rothbard was killed by the FED secret agents.

[baalisgod666]

the western economy is a bastardization of a real economy.

[GraysTake]

@rl0u8888 I think the misconception is that it's "our" currency. The banks that print the money do have military might in what we believe to be our defense. What's heartbreaking is when those very arms that we think protects us are used against us(see 9/11/01). It's hard for most to fathom how truly evil those who run these nations really are.

That's Gray's Take!

[sfiorare]

the federal reserve is an independent quasi-governmental agency that is overseen by congress and the president, the fed is held accountable for their actions and it does have a budget that can be viewed at their web site; this video is obviously misleading and not correct

[WhoSheBeNow]

The american dollar is all but gone. Before the end of 2011 we will not be the America that history has written about. The oil spill in the gulf is a judgement against America and the new solar flares are about to put America's light out. Soon it is going to be the biggest free for all this world has ever seen. The news media lies to us each day as they spin the news to deceive the masses and I would have to say...It has worked very well...most americans have NO CLUE to what is going on...

[zsignal]

I think you are talking about the exchange rates, the dollar's value with regard to other currencies.

Skorianps is talking about the devaluing of the dollar through monetary inflation, which leads to price inflation, i.e. the lowering of the dollar's purchasing power which is evidenced by higher prices.

[rl0u8888]

another thing that makes our currency stable is that its backed up by nukes. I dont know about you, but it seems that the bank with the security guards seem the safest.

[neitzezc]

most stable is a horrible way to look at it. I prefere to think about it that $1 today is worth what$0.03 was worth in 1917. Just because other countries did not have the "worlds reserve currency" over the past 90 years downs mean that it's "stable"