Money, Banking and the Federal Reserve (HQ)

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.

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43 Comments - Write a Comment

  1. Video is complete and total bullshit. The Fed primarily acts as a
    clearinghouse for banks. This video is steeped in anti-Semitism and borrows
    heavily from a book written by an anti-Semite named Eustace Mullins. Shame
    on you for publishing this horse shit.

    Reply
  2. With regards to Hans Hoppe’s argument that the banks must be allowed to
    fail and go bankrupt – my issue with this is that with that sort of policy,
    the government essentially privatizes the surface-level blame by forcing
    the bank to fail, but then socializes the punishment among the depositors
    who now won’t see their money. In the event of a bank run, there must be a
    way to have the FED act as a “Lender of last resort” ONLY to the people,
    without subsidizing bad decisions made by the bankers.

    Reply
  3. The gold standard looks nice, but who owns all the gold in the world? The
    same people who control the current, fiat banking system!

    Reply
  4. Everything about this video is idiotic… If the currency is backed 100% by
    gold what will happen when the population increases? What will happen if
    everyone wants to redeme their gold at once? And most importantly what will
    happen to long term savers if the banks charge a fuckin fee for holding
    your money!

    Reply
  5. I know that this is a typical “conspiracy” type question, but is there any
    truth to the theory that most, if not all, presidential assassinations had
    an element of this gold standard vs. central banking issue? Didn’t Kennedy
    desire to take power away from the fed with executive order #11110 in June
    of 1963, then assassinated in November of that same year. Would it detract
    from the educational aspect of this great video to mention any of these
    coincidences?

    Reply
  6. @NothingAtAllXD if you like writing, start a blog and express your views.
    It helped me to do this. Have it in your mind that you are just writing for
    yourself and a couple friends. Putting your views out there is good for
    your soul….

    Reply
  7. 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?

    Reply
  8. 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.

    Reply
  9. 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.

    Reply
  10. 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.

    Reply
  11. @chicago618 Such 900% multiplication It is done by the use of a banking
    tool known as “fractional reserve”. Search Google Video for “The Money
    Masters” and see about that. Peace.

    Reply
  12. What it comes down to is owning assets. Unfortunately, more and more assets
    are owned by the top few, and when crisis does hit the masses will have
    nothing. When the masses have nothing it naturally comes to a revolt which
    may or may not include a guilitine to even out the assets. How people think
    that going back to a feudalist system is ridiculous. Eliminating the middle
    class will bring a crisis.

    Reply
  13. After watching much of this video, I have to say it’s a mediocre
    introduction to say the least. Mises is great, but not this video. If you
    want a good one, google “The Money Masters” in google videos you’ll see a
    3.5 hour long video on this exact subject. Also if you want to learn more,
    buy the book “The Creature From Jekyll Island” by G. Edward Griffin. It is
    THE book on the topic of the Federal Reserve and banking history. Just
    google G. Edward Griffin even!

    Reply
  14. yupp, shame he’s a Republican and that party no longer give a fuck about
    “WE THE PEOPLE” Thats why when it was him vs a bunch of losers for the
    nomination he still couldnt get it…

    Reply
  15. @Forsakren The Money Masters video is great as a reference, but it is
    filled with inaccuracies unfortunately. For example, Thomas Jefferson
    quotes on inflation cannot be proven and were not found. Not only that, the
    word inflation didn’t exist during his time. You have to be really careful
    on how you interpret that video and do your own verifiable research.

    Reply
  16. @metalguitar311 That seems fair. The amount of inflation that would be
    caused by that would be negligable if banks could only go broke once.

    Reply
  17. Imagine what happens when a politician, banker, and corporation team up
    against the people. First the politician points a gun at them, and tells
    them they’ll accept monopoly money as legal tender. Then the banker creates
    and loans that money around to his corporate partners who buy up EVERYTHING
    and use the politicians regulations to regiment industry and stifle
    competition. Then the banker and the corporation replace the politician
    with a puppet who declares himself a dictator. Fascism.

    Reply
  18. @srnoke – it’s easily done each federal reserve bank is audited by
    independent private accounting firms, by the gao and by internal means; on
    a yearly basis you can find a link to see the audits in the description
    section of the following video: “how the federal reserve works” GsxmwjQWiZs

    Reply
  19. Mieses gentlemen advocating the gold standard forgot to mention that most
    of the gold unfortunately is in the hands of probably the same people that
    control the FED holding the whole world by the neck with controlling the
    quantities on the market. The lincoln greenback currency was the only
    system where quantity was controlled by a democratic process thus putting
    the people in charge and not the vampires…

    Reply
  20. This is a great video but Im trying to learn this so can someone help me
    understand the part beginning at 23:29 where it talks about the FR’s
    reserve requirements. In their example how did they get $1000 of
    inflationary money from $100 based on a %10 reserve at the bottom and then
    $10,000? I guess my question is a math one which Im obviously bad at. I’m
    pretty sure I have a grasp of the concept of fractional reseve banking
    though.

    Reply
  21. @srnoke – at 00:23 the video says that the federal reserve “is subject to
    no audit” i’ve shown you the audits, but of course you don’t care about
    reality do you?

    Reply
  22. So, precisely those rich men who would control the market by means of their
    hoarded gold have established the Fed, that in turn removed the link
    between money and gold. Makes totally sense to me… Maybe the point you
    forget is, that the very idea of “controlling” money is in itself
    corrupting. Let the market itself decide which good it wants to use as
    money, and nobody gives a shit about what stuff the so-called rich are
    hoarding in their vaults.

    Reply
  23. The channel needs to dig from the past more HQ Rothbard video
    presentations, this guy is funny as hell if you’re into this kind of stuff.
    And he’s the most annoying man in the world if you’re a keynesian.

    Reply
  24. I wondered what this was getting at. Toward the end they want to go on the
    Gold standard. This again is a Hoax. Plan “B” for a disgraced “FED”. What
    has to happen is the USA must have its own central bank. Print its own
    money . The true value of a Nation is the blood , swet, expertice , and
    knowledge of the people. A dollar earned is a dollar printed. Self
    sufficiency is the result. But the actual practice amounts to no more than
    greasing the wheel where a free market exist.

    Reply

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