Money, Banking and the Federal Reserve
March 15th, 2009 by drs
Here is a very interesting video on the Federal Reserve, Money and Banking in America. It was produced by the Ludwig von Mises Institute.
The complete transcript of the video is available here: Money, Banking, and the Federal Reserve: the Complete Transcript
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.
Tags: Alan Greenspan, Alexander Hamilton, Andrew Jackson, Bill Clinton, Bretton Woods, Central Banking Act, Federal Reserve, Federal Reserve Act, first Bank of the United States, fractional reserve banking, fractional-reserve loans, gold standard, Great Depression, greenbacks, Henry Hazlitt, J.P. Morgan, John D. Rockefeller, Ludwig von Mises Institute, Lyndon Johnson, monetary policy, monetary system, Money, Murray N. Rothbard, New Deal, Pelatiah Webster, pieces of eight, Richard Nixon, Ron Paul, Second Bank of the United States, Tennessee Valley Authority, Thomas Jefferson, Works Progress AdministrationPosted in
