Nearly 100 years after its creation, the power of the U.S. Federal Reserve has never been greater. Markets and governments around the world hold their breath in anticipation of the Fed ...
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97% owned present serious research and verifiable evidence on our economic and financial system. This is the first documentary to tackle this issue from a UK-perspective and explains the ... See full summary »
For three weeks in September 2008, one person was charged with preventing the collapse of the global economy. No one understood the financial markets better than Hank Paulson, the former ... See full summary »
Apple. Intel. Genentech. Atari. Google. Cisco. Stratospheric successes with high stakes all around. Behind some of the world's most revolutionary companies are a handful of men who (through... See full summary »
Most of us don't know where their money is. However, one thing is for certain, it's is not in the bank to which we entrusted it. The bank and our money is already a part of the cycle of the global money market.
K. Sujatha Raaju
The heads of Wall Street's biggest investment banks were summoned to an evening meeting by the US Treasury Secretary, Hank Paulson, to discuss the plight of another - Lehman Brothers. After... See full summary »
The modern day Four Horsemen continue to ride roughshod over the people who can least afford it. Crises are converging when governments, religion and mainstream economists have stalled. 23 ... See full summary »
Nearly 100 years after its creation, the power of the U.S. Federal Reserve has never been greater. Markets and governments around the world hold their breath in anticipation of the Fed Chairman's every word. Yet the average person knows very little about the most powerful - and least understood - financial institution on earth. Narrated by Liev Schreiber, Money For Nothing is the first film to take viewers inside the Fed and reveal the impact of Fed policies - past, present, and future - on our lives. Join current and former Fed officials as they debate the critics, and each other, about the decisions that helped lead the global financial system to the brink of collapse in 2008. And why we might be headed there again. Written by
In the short segment about the 1910 private rail car trip of several important bankers, plus Senator Nelson Aldrich, from Hoboken, New Jersey to Jekyll Island, Georgia, two pieces of old black-and-white film footage of train travel are used to illustrate the trip, with one of those pieces showing curving tracks in a mountainous landscape. There are no curving tracks in a mountainous landscape on any normal rail route from Hoboken to Jekyll Island. See more »
how can you not have a documentary about the federal reserve and not have Ron Paul in it?
End the Fed is a 2009 book by Congressman Ron Paul of Texas. The book debuted at number six on the New York Times Best Seller list and advocates the abolition of the United States Federal Reserve System. Summary
Paul argues that "in the post-meltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without considering and challenging the role of the Federal Reserve."
In End the Fed, Ron Paul draws on American history, economics, and anecdotes from his own political life to argue that the Fed is both corrupt and unconstitutional. He states that the Federal Reserve System is inflating currency today at nearly a Weimar or Zimbabwe level, which Paul asserts is a practice that threatens to put the United States into an inflationary depression where the US dollar, which is the reserve currency of the world, would suffer severe devaluation.
A major theme throughout the work also revolves around the idea of inflation as a hidden tax making warfare much easier to wage. Because people will reject the notion of increasing direct taxes, inflation is then used to help service the overwhelming debts incurred through warfare. In turn the purchasing power of the masses is diminished, yet most people are unaware. Under Ron Paul's theory, this diminution has the biggest impact on low income individuals since it is a regressive tax. Paul argues that the CPI presently does not include food and energy, yet the these items are the items on which the majority of poor peoples' income is spent.
He further maintains that most people are not aware that the Fed created (he asserts) by the Morgans and Rockefellers at a private club off the coast of Georgia is actually working against their own personal interests. Instead of protecting the people, Paul contends that the Fed now serves as a cartel where the name of the game is bailout -- or otherwise known as privatized profits but socialized losses.
Paul also draws on what he argues are historical links between the creation of central banks and war, explaining how inflation and devaluations have been used as war financing tools in the past by many governments from monarchies to democracies.
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