
Thomas Jefferson as well as Andrew Jackson accepted “The Monster”. But to many Americans today, Federal Reserve is only a name upon a dollar bill. They have no thought of what a executive bank does to a economy, or to their own mercantile lives; of how as well as because it was founded as well as operates; or of a receptive to advice income as well as banking which could finish a statism, inflation, as well as commercial operation cycles which a Fed generates. Dedicated to Murray N. Rothbard, steeped in American story as well as Austrian economics, as well as featuring Ron Paul, Joseph Salerno, Hans Hoppe, as well as Lew Rockwell, this unusual latest film is a clearest, many constrained reason ever offering of a Fed, as well as because curbing it contingency be the initial priority. Alan Greenspan is not, we’re told, happy about this 42-minute blockbuster. Watch it, as well as you’ll assimilate why. This is economics as well as story as they have been meant to be: fascinating, informative, as well as motivating. This film could shift America.



The gold standard looks nice, but who owns all the gold in the world? The same people who control the current, fiat banking system!
Interesting thought: On a strict gold standard, it seems everybody in the country could theoretically withdraw all their bank assets simultaneously. I wonder what would happen if people tried that now.
anyone who trades their gold for fiat money at this point is a fool
Rothbard was a brilliant man…..and funny as hell.
This is so sad the federal reserve is the Illuminati =(
When government tries to increase demand, they pursue inflation, whether or not they realise it, whether or not they think inflation is a necessary counter-cyclical balance (such being the conclusion of a flawed analysis of the business cycle) so sound money is not wanted by demand side economics. That sounds like a generalisation, but the horrific thing is, it’s true.
this makes a lot of sense
@Vlog
Very Interesting video.
Thats why today they are buying up the gold.. everywhere you look, its cash for gold….
If America did a Hitlerian purge of everyone working with the intelligence community and its operatives, the Pentagon and big banking, then and only then will Americans be a free people once again. You can’t reason with these bastards, you just need to send them to one large fucking gas chamber aboard one large fucking train.
@Panpiper Thanks, I’ll check it out.
Paul’s book goes mainly into the specifics dealing with Greenspan and Bernanke policies.
You refer to Ron Paul’s book no doubt. I have actually not read it. I expect that it is a very good introduction to the problem. But I have already read a good many books about this and an introductory text for me would be redundant. That said, I should probably read it anyway just so I’ll know what most people are reading.
Have you read: Economics in One Lesson. by Henry Hazlitt? After Ron Paul’s book, that should be next on your list.
@Panpiper Yes I understand that. It’s a blatant Mafia-type scheme. Have you read End the Fed? Good read
And none of that reckless lending would be happening if it was not for the flood of counterfeit money that is being constantly created. The bankers have to do ‘something’ with that money and so they push cheap credit onto whomever they can (among other things). The problem originates with the fiat money system, not with debt itself or even with bankers. It is important to see the ’cause’ of the problem, not just it’s symptoms. Massive debt is a ‘result’ of fiat money.
Peace and Love!
@Panpiper The problem is that the banks are allowed to get people so far into debt that their standard of living is significantly decreased. People aren’t generally responsible and society has pushed the SPEND SPEND SPEND idea more than the SAVE idea that our grandparents lived by.
@Panpiper Our castles are made of sand, and one day the tide will rise.
Interest is always compounded, there is no avoiding that (not doing so would be very bad). It is not the compound interest that is a problem, it is the fact that the money we use today is based on nothing but paper and is manipulated for political reasons to advantage the government and their ‘friends’.
“Have you tried telling institution x that you have lost your income and can’t pay loan y ?”
In fact I was forced into bankruptcy recently. So yes I have, and the world did not end.
Perhaps the term debt is not evil. But it’s charging at compound interest and creation out of thin air arguably is. You appear to be advocating money based on a limited resource (gold) and the charging of simple rather than compound interest. You might like to check out the following tinyurl . com / ylan799 . Have you tried telling institution x that you have lost your income and can’t pay loan y ?
The fiat money system is larceny. That much is true. But to focus on ‘debt’ as being the evil is to completely misunderstand the root of the problem. If I have saved ten ounces of gold and I lend them to you so you can build your workshop, thereby being able to earn money to pay me back, with interest, the ten ounces I lent you., I have not ‘enslaved’ you. I have helped you and you are ‘paying’ for that help though the interest you are returning to me. Debt, in and of itself, is not the issue.
So called asset values represent debt in the system. If house prices are up people need to borrow to buy. Who pays cash in a debt driven economy? Have you ever wondered how a zillionaire becomes a millionaire overnight ? They had nothing to start with. The value of the asserts were measured in debt – not surplus. To answer your question the (debt) slaves are robbed by inflation, debt and increasing M3. Try telling the bank you have lost your job and cant pay the debt and see what happens.
The truth In 1 paragraph? Er.. No
There is a big difference between being ‘enslaved’ and being ‘robbed’. We are indeed being robbed blind by the government and the various cronies (corporations, etc.) they are in bed with. But I am free to choose my own work and to spend what money I do have as I choose, I am no slave. And saying so is pure propaganda. ‘Working’ for a living is slavery? Why, because bankers make profits? The alternative being what? Being given welfare so you don’t have to work?
So what is the truth then ?
This is more ‘Zeitgeist’, right? Zeitgeist Addendum was half absolutely right and half absolutely ‘wrong’. I have little interest in paranoid conspiracy theories. And I am especially not interested in listening to clear propaganda while they are espoused. ‘Slaves’ to the bankers my fracking arse. If you want the truth, read Mises, don’t follow this nonsense.
Have seen ‘Money as Debt’ 1 & 2 ?