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
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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. This movie could change America.
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Wouldn't adopting the Gold standard, mean that a country, with absolutely no economy, but LOTs of gold, will suddenly become rich! they can just import all the goods and services, like some of the developed middle eastern countries do, based on their oil deposits?
thanks for the reply Well Gold too is "consumed" in many cultures for jewellery etc. But, do you reckon that if a gold standard is put in place then the price of Gold will be fixed? (like it used to be) If not, then people/countries with more gold (as apposed to services and goods) will be rich
er, which is not very fair (I refer back to the middle east using their Oil money analogy) thanks