Money, Banking and the Federal Reserve

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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.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: misesmedia

Length: 42:09
Rating: 4.877741
Views: 504020


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Video Comments

etellurian (November 30, 1999 at 12:00 am)
Correct me if wrong is not communism something that democracy is suppose to oppose?Is there a difference between communist capitalism and democratic capitalism?E-T
etellurian (November 30, 1999 at 12:00 am)
Why is it common knowledge that the USA is a democracy yet less is known as a Republic? Does that change the issue of debt to a communist market?E-T
VillainEyes (November 30, 1999 at 12:00 am)
@etellurian No disrespect intended, pal. Hit the books. You have a LOT of learning to do."Republicans" are a political party. A "Republic" is a form of government. The U.S.A. is a Republic. It has nothing to do with republicans. Two totally different things.
etellurian (November 30, 1999 at 12:00 am)
How does a debt to a communist market help a democracies freedom to innovate? If people have no job or are making less at their job does this help the ability to finance innovative initiatives in our own markets? Is democracy being squeezed out of our freedom by lower pay and less jobs? Is this squeeze affecting the middle class the most? Is it the middle class that has historically done most of the innovating? What if an innovator does not want to borrow from a communist market?
etellurian (November 30, 1999 at 12:00 am)
@VillainEyes i am familiar with the Republican political party but that is a political party not a government. The people are the government. Do the people decide if they are democratic or communist? Is that why the people of the U.S.A should have a vote who they are indebted to?Has a communist nation taken control of a democracies freedom? Have they taken control through the debt? Has a communist nation taken advantage of a weakened economy? Does the future matter? Is innovation relevant?
etellurian (November 30, 1999 at 12:00 am)
@VillainEyes is the difference a Republic can be indebted to a communist nation and a democracy can not? Do citizens decide by vote who they are going to be indebted? For as long as i can remember North America has been promoted as democratic region. When did that change? Does a Republic care about individual freedom? Such as the freedom of speech and the freedom to innovate? i am not familiar with "Republic" as i have never heard the USA referred to as a "Republic" only a democracy.
VillainEyes (November 30, 1999 at 12:00 am)
@etellurian The U.S. is not a Democracy nor was it intended to be. We are a Republic.Yes. There is a difference.
etellurian (November 30, 1999 at 12:00 am)
Have some been distracted by a war that they did not notice who North America was borrowing from? If we asked North Americans if they want a communist nation to control their debt would they vote no or yes? Should citizens have more say in who they owe money too? Is it the North American citizen's taxes that are going to pay debts in a off shore communist market? Could this become a serious issue to our North American freedom? How can innovative thoughts help pay the debt?E-T
etellurian (November 30, 1999 at 12:00 am)
Does a communist nation have a democracies best interest? Who do we work for democracy or communism? If a communist market has control of our debt do they also have control of our freedom? Does a communist market care about our freedom? Do they care about democracy? Do they care about our freedom to innovate? What do you think will happen to our democracy if a communist market controls our debt? Is our middle class struggling does a communist market have a middle class? Do they want one?
etellurian (November 30, 1999 at 12:00 am)
Who is responsible for off shoring our debt to a communist nation?E-T

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