How to Abolish the Federal Reserve

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Uploaded by on Dec 31, 2007

This clip is taken from the awesome video called The Money Masters. Please view the entire video on google to understand what is going on monetarily. You can also purchase the DVD from
http://www.themoneymasters.com which I wholeheartedly recommend.
I chose this clip to show Ron Paul supporters how to fix the monetary system. We can not go on the gold standard again because we no longer have gold.

The Money Masters DVD has now been shipped to all US Senators, Congressmen, Supreme Court Justices and Cabinet-level Executive branch officials, including a copy of the Monetary Reform Act (575 copies in all).

If you would like to read the Monetary Reform Act, please visit the above site.

Let's all follow up on our representatives to make sure they have viewed it, and ask why they have not supported Ron Paul yet.

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  • Bill is right about abolishing the private Federal Reserve AND WE DON'T NEED A GOLD STANDARD. The Rothschilds own most of the gold and a gold standard would impoverish us. LET OUR GOVERNMENT TAKE OVER THE PRINTING OF AMERICA'S MONEY AND CREDIT. Then the government could use this power to create credit to rebuild America's infrastructure without worrying about having to pay off foreign and domestic creditors.

  • Erradicate the Fed! Restore Glass/Steagle.

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  • The fractional reserve system is said to benefit the economy by creating more money for trade then actually exists. This is accomplished through a series of loans from banks, purchases made with the money and the money ending up back in another bank ready to be loaned out again. The money created is not real but a calculation of money movement through banks over time. Time is often an over looked element when trying to understand how money creation happens.

  • If it weren't for the Federal Reserve's backing a lot of banks would have a hard time attracting depositors. Average people would be hiding their money in safes at home. The backing of the Federal Reserve gives average Americans faith in the banking system, without it checking account deposits would be a fraction of what they are today.

  • @ch3rok33jo3 Or they know more about banking than a 3 year old?

  • Twelve people are either bots or government agents. Maybe they're people who just had a nervous breakdown. The truth can make you go insane.

    That's how illegal our money system should be.

  • @BeantownJim

    Why?

  • @8DeaD7 How would banking work without Fractional Reserve Banking?

  • Abolish Federal Reserve, Fractional Reserve Banking and all corrupted organizations! Corrupt politicians and corporations aswell! LOVE AND FREEDOM

  • @AdversusHaereses

    Do you understand how loans are made?

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