G. Edward Griffin on the Federal Reserve – and What Happens Next to Money

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G. Edward Griffin re-tells the story of how and why the Federal Reserve was created in 1913 at a secret meeting on Jekyll Island. He explains how money is created and how the present system is destroying the purchasing power of money through a process called inflation. He explains why there is no hope of stopping this process until a significant segment of the population (perhaps 15%) understands the scam and pushes back politically. In the meantime, people will accept any insult to their liberties in order to survive, which is the reason why one crisis after another is scientifically engineered. Confusion and fear is the secret weapon of tyrants. -GEG

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Rhonda
Rhonda
23 days ago

Love the “Red Pill” in every County. Wonderful. Thank you.

Ed
Ed
23 days ago

And the VALUE of the dollar is about .01 cent. Not kidding. At the turn of the PREVIOUS century, a person could take a $20 gold certificate ( $20 bill marked “gold certificate” ), take it into ANY bank and trade it for a $20 gold coin / ‘gold piece.’ Back then the full faith of the U.S. govt. was backing up it’s currency. Try and do that TODAY. It would take over $1,800 ( paper money ) to buy that same gold coin ! ! A U.S. silver dollar – $1 = $22 in paper money. Today’s dollar ?… Read more »

whisperingsage
whisperingsage
22 days ago
Reply to  Ed

I know, when I was a child, my mother could fill the station wagon with groceries for $20. Since 1973, when they got rid of all gold backing, we have had inflation ever since, and the media likes to say it is because of “consumer spending”.

whisperingsage
whisperingsage
22 days ago

This is also why cryptocurrency is just worthless fiat money.