InquiryLabs
Politics, Programming and Possibilities
Money, Banking and the Federal Reserve
Author: Duane Johnson4 Aug
How did we get a Federal Reserve, and what does it do for us? Why does the Mises Institute say that it needs to go?
I found this 1996 video production from the Mises Institute quite informative:
Money, Banking and the Federal Reserve
It’s 40 minutes long. Ron Paul is quoted a few times in there, back when he was “between elections” (he’s been in congress on and off for the past 25 years or so—1996 was an off year, I understand.)
My belief that we are in the middle of an economic “bust” motivated me to check it out.
2 Responses for "Money, Banking and the Federal Reserve"
[...] Wesley Clark Contact the Webmaster Link to Article ron paul Money, Banking and the Federal Reserve » Posted at Going Up on Saturday, August 04, 2007 How did we get a Federal Reserve, and what does it do for us? Why does the Mises Institute say that it needs to go? I found this 1996 video production from the Mises Institute quite informative: Money, Banking and the Federal Reserve It’s 40 minutes long. Ron Paul is quoted a few times in there, back View Original Article » [...]
google “fiscal vs monetary policy”. There is a lot to say on this. To remove the feds ability to affect monetary policy would only provide an illusion of stability, at best. (much like moving to the gold standard).
You know, our government has to compete with other governments in this respect (money) and we’ve always been the innovators. Why don’t we just go back to living in grass huts, to hell with the economy.
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