The Fed and International Banksters Must Go Video Print E-mail
Contributed by J. R. Ransom   
Ex-Chairman Greenspan
Ex-Chairman Greenspan
The Fed and International Banksters Must Go - This video (10min 32sec) is part of an old documentary about the Federal Reserve made in the mid 90s by the Ludwig von Mises Institute. In this video you could learn about just what the Federal Reserve is about and what it does and why it may not be in the best interests of the American people that it exists at all.

"During the 1960s, the US government was trying to meet the cost of massive social welfare programs at home and the Vietnam War abroad. By printing more money President Lyndon Johnson believed the US government could accomplish its goals without raising taxes, which may have caused a taxpayer revolt. In other words, he could have both guns and butter.

"But the more money the US printed the more it eroded the value of the dollar. Nervous foreigners began redeeming their dollars in gold as they were entitled to do..."


 
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