Money, Banking and the Federal Reserve

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.

Ludwig von Mises Institute

 

By definition yes it is propaganda Daisy but then so is witnessing for Christ. But, this propaganda like witnessing for Christ is based on truth for the good of mankind and not the type of propaganda based on deception for the good of the elite.

 

3. Sit around, wait for the crash and start all over again.

Of course by that time all the wealth will have been transferred to the elite and there won't be any left for we mere chattel to start over.

 

I agree about the propaganda coming out of our government PN but, the Federal Reserve isn't our government it is a private bank that controls our government. And highly profits while doing so by sucking the wealth out of our nation and concentrating it in the hands of a few.

 

Thanks. I've always been skeptical of any enterprise that concentrates so much power into the hands of so few. Including the mainstream monopoly media. Which only serves to reinforce the deceptions played on by the elite through misdirection.

Just my nature I guess.

 

Now that the U.S. Postal Service wants to raise the price of stamps again -- to 33 cents by as soon as July 1 -- a closer look at this organization would seem in order.

The USPS is a corporation with 800,000 employees and revenues approaching $60 billion -- rivaling the size of Ford or General Motors.

While it is now enjoying a $1 billion surplus, it pays no corporate income tax, no state or local property tax, no business or professional licensing tax and no business franchise fees.

It owns 7,513 buildings with 178 million square feet and leases 26,988 buildings with almost 100 million square feet.

Its vehicle fleet travels 1.1 billion miles a year, burning over 114 million gallons of gas.
The Postal Service can borrow from the Treasury at below-market rates, and it pays no dividends to shareholders. This kind of an operating set-up has prompted more than one economist to find it a strange kind of corporation indeed.

Free-market proponents would see it privatized before it sinks in a vortex of obsolescence.

Source: Grover Norquist (Americans for Tax Reform), "Your Taxes Go to the Post Office," Washington Times, May 7, 1998.

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Grover Norquist, now there's a name we can all trust. I wonder who's hands he had in mind to "privatise" it into? Exxon Mobil or Dutch Royal Shell perhaps? No wait...the Rockerfellers yeah that's it!