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Money, Banking and the Federal Reserve (1996)

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First published at 21:52 UTC on July 18th, 2020.

#federalreserve
#fractionalreservebanking
#fiatcurrency

Stone Turner

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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 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.

-Ludwig von Mises Institute

Original: https://youtu.be/iYZM58dulPE

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