@@peterskottt7150Cmon guys, the original comment meant to be appreciative. Its not a matter of competence at a given age, more like a matter of patience and persistence, since as we approach the end of live we usually atop giving a mere single ephemeral fuck about everything. Usually because we see reality better and lose hope due to the state of things. We deem a better investment to enjoy whatever time you have left. So it is commendable if the man mentioned is still bothered to fight the good fight for a change. No need to be so cynical about it
@@bino6453 I get it, and it's commendable that Ron is fighting the good fight. It's amazing. I'm just surprised that, having attained all the money and power they could want, Biden and Trump are fighting for more. You'd think they would want to rest in their old age. I guess it just shows that, they too, are true believers.
Honestly, my biggest issue with the documentary is it feels like a 40 minute long trailer. They should turn the music off for a few minutes and let the subject matter expert talk for a continuous period of time, otherwise it looses coherence. The narrative style of having one person do half a sentence and the next person complete it doesn't feel captivating. Loosening up on the theatrics and letting the documentary breath would have done it a lot of good. The constant suspenseful music doesn't have impact unless it is used to deliver a concise two-liner, but it is the entire documentary. I would find it difficult to justify sharing with someone who has no prior understanding of economics.
I’m at 2:50. I believe that I am mastering banking a little bit. Did they mention discharging public debt by offset? Since they confiscated the gold and silver, we the people have the right to do this. 31 usc 5118(d)(2). It used to be HJR-192, but that’s repealed now.
If you search for "money banking and the federal reserve" you can find the first Mises documentary of the same name, made some 20 years ago. Maybe you'd prefer that one.
I agree with you. Thinking about it a bit more, I think they were going for this type of feel. It seems to be the allure/attention grabbing thing people gravitate towards here on youtube. If anything, there is a gold mine for people to create shorts from it. I guess we'll see how it preforms. I think much of the subject matter is off putting for most people because not only are MANY hyper-emotional when it comes to talking about finances, but the abstract thinking involved doesn't convey the information well to them. Using somewhat Memeonic clips to drive home single ideas, point by point, may have been the... point LOL
It's quite simple why rates are climbing with rising imports and falling exports, the FED is obviously to be blamed for banking crisis. Something will eventually break if they keep the quantitative tightening and higher interest rates. Is this really a good time to have some savings in stocks?
first austerity, then brexit, now widespread bank failures. .always do your own research & speak to a license advisor before thinking about putting your money into these crazy markets
Exactly, most youtubers said the market would be fine few months back, but it's been a major downturn. I've avoided the drawback of trial and error by simply following professional guidance. I'm semi-retd and work only 7.5 hours weekly, with nearly $1m ROI after subsequent investments to date.
The decision on when to pick an Adviser is a very personal one. I take guidance from Melissa Terri Swayne to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
curiously copied and pasted her full name on my browser, no sweat spotting her site. Ive seen commentary about advisers but not one that looks this phenomenal, very much appreciate it
@@ipeteagles Mises only knows some of the functions of money but not what money is. They think money is a commodity, they are wrong. They think fractional reserve banking and money multiplier myths where banks lend out customer deposits. They have gotten Government fiscal and monetary policy operations wrong as well. They have everything wrong, its hilarious.
Why your wrong. Because the strong will dominate the weak. The smart will win over the unintelligent. The beast will swallow the sheep. This will go on and never change
Why your wrong. Because the strong will dominate the weak. The smart will win over the unintelligent. The beast will swallow the sheep. This will go on and never change
The Feds has unleashed chaos! every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing this 2024, how can we enhance our earnings during this period of adjustment after the re-election? I cannot let my $380,000 savings vanish after putting in so much effort to accumulate them.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $100K to $272K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
Annette Marie Holt is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for clearing that up, I curiously searched for Annette Marie Holt on the internet and thankfully, I came across her my goal is to retire in 5years time.
I'm loving the bullish sentiment on the federal rate cut in the stock market! I'm considering diving in with $220k specifically targeting sectors that benefit from lower interest rates. Anyone have any hot stock picks to share?
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her.
Love and deeply respect Mises but this topic deserved a more serious treatment. The tone and pacing are frenetic. Next time have someone watch compelling documentaries- think The Fog of War, Errol Morris. Pause. Flow. Allow the message to sink in. This is life and death stuff- it makes its own drama! You can capture the younger audience without sinking to the TikTok attention span. Appreciate the effort in any case.
James Grant has it exactly right - the dollar was defined as a specific weight and purity of gold (silver, initially). The names of various currencies around the world were chosen for the same reason. They defined a certain weight and fineness of precious metal as their currency unit, and they gave that definition a certain name. If people can understand that much, they will understand the basic fraudulent natue of national currencies today. Nobody has "dollars" today. They do not have coins of a certain weight and purity of precious metals in their pockets. They don't even have notes which are redeemable in precious metals. They have pieces of paper which governments say are "dollars" or "pounds" or "francs" or other currency units that used to be defined as a certain weight and purity of precious metal. They rae simply pieces of paper that governments claim have value. Fiat money. If you understand that much, you are way ahead of 99% of the people in the world. Unbacked or irredeemable paper money is a gigantic fraud, the fraud at the base of just about every other government fraud.
The reason central bankers love Gold is because Gold failed as a money in 1971. Central Bankers love Gold because you have to have Fiat layer on top of gold. If you have a gold standard, you have a Central Bank standard. Bitcoin removes the need for central bankers and solves all the problems Gold has.
Very informative video. Everyone in the USA and indeed around the world should see this. This video is 13k views should be 100 million views. Thanks! 🙏
We need to end the Fed and Trump and Kamala would never do this. The modern Republican and Democrat party will never get rid of it. I don't vote for Dems or Repubs.
He would appoint his tech billionaires who are currently backing his campaign. Those tech guys are getting ready to implement CBDC during the next crisis. The next crisis will be monetary and it will force us to accept this as a solution, and we'll all do it "out of convenience and safety". Same thing will happen no matter who is on the ballot. The fed is never on the ballot.
What good is all the great information from Mises, if we don't have a political bridge to get into office? If there were a pathway for liberty minded individuals to get into office, we would be there effectively. If I were in office, I would be consulting with Mises every day, for the sake of human freedom.
Right now, we stand at a crossroad of possibilities in the market where the boundaries on what we can achieve is not just dictated by the Fed, or the world around us(war, inflation). There's always going to be recession for some people while others amass wealth, think about it.
IMO, financial advisors are the most sought-after professionals after doctors. My portfolio is well-matched for every market season and just yielded 85% from early last year to date. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
@@mikegarvey17bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
My advisor is “Izella Annette Anderson”. She's highly qualified and experienced in the financial market, with extensive knowledge of portfolio diversity. She's considered an expert in the field. I recommend researching her credentials further.
Good content. But the only real issue I had was the music's volume (was somewhat in the foreground) split my attention while trying to focus on what the speaker was saying. I found myself rewinding and re-listening often throughout.
"Therefore, we do not lose heart. Though our outward man is decaying, yet our inward man is renewed day by day. For our trouble, light and momentary, is producing for us an eternal weight of glory far beyond all comparison, as we look not at what can be seen but at what cannot be seen. For what can be seen is temporary, but what cannot be seen is eternal." 2 Corinthians 4:16-18 "You know that you were redeemed from the futile way of life handed down from your ancestors-not with perishable things such as silver or gold, but with the precious blood like that of a lamb without defect or spot, the blood of Christ. He was chosen before the foundation of the world, but was revealed in these last times for your sake. Through Him you are believers in God, who raised Him from the dead and gave Him glory, so that your trust and hope are in God. 1 Peter 1:18-21
@@Oatriumph the reserves are created by the debt ( HJR 1491 March 9th 1933 the money will be issued to the banks in return for government obligations, bills of exchange, notes, drafts , trade acceptances and bankers acceptances.. These reserves are multiplied ten fold by the Fed. The commercial banks use up to 90%(9/10ths hence the fractional nomenclature) of these reserves with the federal reserve bank.
@@georgemckenzie2525 This system could never exist without supplanting market money (gold/silver) by force. But after it is here, since "real savings" are gold savings being forced into dollars by guns and cages, it's not really a question if economics anymore. I guess we will be on opposite sides at Ragnarok.
@@Oatriumph well I hope you make it to the fertile rebirth side after the fiery destruction side of ragnarok. :) I am not a fan of the system in place. That said I have become expert in it's behaviour's and the forgotten and underutilized self correcting aspects.
The Fed is a currency grid and they supply the energy to the banks and Wall Sreet who's usage exceeds the capacitance and ends up costing the General population more for the same service.
I hesitate to criticize, no one else I know of is doing this good work and there is much good in this piece. I certainly support the institute. I would like to say three things. 1. It leaves people to think that we are on a reserve banking system and the Fed eliminated reserve requirements during covid. The entire banking system is really untethered. I think people need to know that. There is nothing tangible behind it and no rule or reason that limits creation of currency or for that matter, the destruction of currency. That means it can free fall at any time. This is why an extra trillion in debt is possible every 100 days or so. Why go into detail about reserve banking without explaining even it has ended? 2. I can't understand how the final video came out so spliced together. It is just continually chopping from person to person. Very distracting. It breaks your focus every few seconds. Why not just let each speaker speak a few minutes or even a minute and then go on with continuity? It is an unnecessary distraction to an important message. 3. There is the mention of the original sin, the "claim ticket." I liked that. I do think more should have been said about it and the real problem of counting debt as an asset. We actually consider debt, which is a negative, to be an asset...
the inaccuracies in this video are truly stunning considering the source. It calls into doubt the Institute's competence to be a critic of the Fed and the present monetary system. I was laughing at points. Reserves btw were eliminated on a practical level long before Covid. They merely formalized the practice in 2020.
Hallelujah!!! The daily Jesus devotion has been a huge part of my transformation God is good, after years of addition to drugs and sins God chased me down as I earn $12,500 monthly. My life and family has changed, Thank you Jesus!!!..
After I raised up to 125k trading with her I bought a new House and a car here in the states * also paid for my son's surgery (Oscar). Glory to God.shalom..
When I was a child in the 60's and 70's (still on the gold standard), we use to talk about Fort Knox and all the gold it stored for our gold standard monetary policy. When we went off the gold standard,---------------------------------------------what happened to all that gold?
Great documentary but it's almost unwatchable because the background music is WAY to loud. It really doesn't even need the ominous music throughout. It would be better beginning, transitions and ending. But not so loud.
The Mises Institute has produced a video purportedly about The Fed, but not once did the speakers mention reserve requirements. They made a lot of confusing and misleading statements in this documentary; however, this glaring oversight calls the validity of the rest of the presentation into question. Did ballooning excess reserves in 2008 and eliminating reserve requirements in 2020 increase or reduce The Fed's influence in financial markets?
@@beavis408 But reserves do significantly affect The Fed's influence in those markets. Remember the title of this documentary is "Playing with Fire: Money, Banking, and THE FEDERAL RESERVE" (my emphasis). Of the tools at The Fed's disposal, reserve requirements are the most powerful. They have eliminated that tool.
The FED was founded with the mandate of keeping the dollar stable. Since then...the dollar has LOST more than 99% of it's value...MISSION ACCOMPLISHED ? -
How can banks run out of money? The loan they give you, is your own money. They take the loan application that you signed with a blank indorsement, turn around and sign it with a special indorsement. Take that now promissory note to the federal reserve window, exchange it for federal reserve notes for the full valve of that notes, then borrow you your own money back to you with interest. How on Earth can they go broke, when all notes, bills of exchange, banks drafts ect... are obligations of the United States.
People want a fair "level playing field". The monetary crisis that happened prior to the Fed were obviously unfair, and the promise of the Fed was to eliminate those crises. But, as Lindberg put it, those crises would simply be engineered more precisely than the way it was done beforehand. "Under the federal reserve act, panics are scientifically created. The present panic is the first scientifically created one, worked out as we figured, a mathematical equation." Charles Lindbergh
@@qwerty90615 No one seems to have responded to you, but your quote of Lindbergh does not convince me, and I believe you are plain wrong. The monetary crisis before the Fed were not obviously unfair. Which crises in particular? Tom Woods has discussed panics that were resolved very quickly and fairly overall. Why do you deny that scholarship, but accept your own?
@@Oatriumph DiLorenzo's opening sentence, "The Fed has made the economy more unstable than it was before the Fed," was my reason for quoting Lindberg. The obvious truth of this was illustrated by the quotation of Treasury Secretary Mcadoo, "Now that we have the Fed, financial booms and busts have ended." But, we cannot simply write off Mcadoo as mistaken. The fed was conceived as a fraud, as Edward Griffin explained in _Creature from Jekyll Island_, in the 1910 meeting of bankers and politicians to lay out the 1913 legislation for the creation of the Fed. They did not see it as fraud. They saw it as necessary and beneficial, as memorialized in later published writings of attendees, such as Frank Vanderlip. Lindberg was stating that the purpose of the Fed was to make the economy unstable in a predictable way, for the benefit of the insider elites. What are you not convinced of? My first sentence uses the phrase, a fair "level playing field" in quotes because it is rhetorical. This was something that Progressive politicians would promise and was used as a reason to establish the Fed. There is no such thing as a level playing field. People are not equal. In a free economy, people accept responsibility for entering an economic exchange. Sometimes, somebody gets a raw deal, because at the time that the terms were settled, they failed to perform due diligence or were deceived (often by themselves or bad education).
2:41 But an effective stop Gap could be to immediately raise the reserve rate up to say 90% and leave it there so the banksters can make their profit and the money is actually in the reserve as real money taking all the risk and all of this b******* out of our lives
I’ve never heard the name Hazlitt, and I can assure you that the gold standard will never return. I say this because they can’t create an additional 10% of someone’s deposit with fractional reserve banking. Can’t do that with gold. But, this system ain’t as bad when you realize that we can offset all of our public debt from banks and the govt.
@@BubbaShaffer if lumber were outlawed for 100 years, and we were making houses with cardboard, when we got back to allowing the market to use materials of it's choosing, we should expect a return to lumber.
Paper money was originally designed to be like a CHECK, redeemable in GOLD or SILVER. People still pass around these checks without ever cashing them in for real money.
@@neckpower I was a big fan of the show back in my high school days. Have been using the user name ever since lol And your comment, like, doesnt suck. Yeah
Richard Werner, a real scholar is the one person who will explain how banks function. All money comes from debt. The public and private banks explained.
If property is an extension of freedom of expression, than control of $$ is servitude perpetuated by congress(control of purse) at the cost of the people. How can you expect government to end this? afterall your just an employeee
This video should be required viewing in every High School.👌🏼
Hi YS!
@@xDooksx Hi!
Hey look, it’s that silver stacking dude 😅
Love your interviews with TIM
Yankee is our Paul Revere!
It is amazing how Dr. Paul is still fighting for liberty at his age. END THE FED!
@@ancapine it's amazing that Biden, Trump, et al are still fighting for whatever they are fighting for at their age.
@@Oatriumph they are fighting for tyranny, we fight against it.
@@Oatriumph FYI. Claiming ability or inability based on age is STUPID.
@@peterskottt7150Cmon guys, the original comment meant to be appreciative. Its not a matter of competence at a given age, more like a matter of patience and persistence, since as we approach the end of live we usually atop giving a mere single ephemeral fuck about everything.
Usually because we see reality better and lose hope due to the state of things. We deem a better investment to enjoy whatever time you have left. So it is commendable if the man mentioned is still bothered to fight the good fight for a change.
No need to be so cynical about it
@@bino6453 I get it, and it's commendable that Ron is fighting the good fight. It's amazing.
I'm just surprised that, having attained all the money and power they could want, Biden and Trump are fighting for more. You'd think they would want to rest in their old age.
I guess it just shows that, they too, are true believers.
Honestly, my biggest issue with the documentary is it feels like a 40 minute long trailer. They should turn the music off for a few minutes and let the subject matter expert talk for a continuous period of time, otherwise it looses coherence. The narrative style of having one person do half a sentence and the next person complete it doesn't feel captivating.
Loosening up on the theatrics and letting the documentary breath would have done it a lot of good. The constant suspenseful music doesn't have impact unless it is used to deliver a concise two-liner, but it is the entire documentary. I would find it difficult to justify sharing with someone who has no prior understanding of economics.
“40 minutes long trailer” Couldn’t have put it any better. The flow of the conversation is indeed very disturbing, and it feels kinda rushed.
I’m at 2:50. I believe that I am mastering banking a little bit. Did they mention discharging public debt by offset? Since they confiscated the gold and silver, we the people have the right to do this. 31 usc 5118(d)(2). It used to be HJR-192, but that’s repealed now.
If you search for "money banking and the federal reserve" you can find the first Mises documentary of the same name, made some 20 years ago. Maybe you'd prefer that one.
I agree with you.
Thinking about it a bit more, I think they were going for this type of feel. It seems to be the allure/attention grabbing thing people gravitate towards here on youtube. If anything, there is a gold mine for people to create shorts from it. I guess we'll see how it preforms. I think much of the subject matter is off putting for most people because not only are MANY hyper-emotional when it comes to talking about finances, but the abstract thinking involved doesn't convey the information well to them. Using somewhat Memeonic clips to drive home single ideas, point by point, may have been the... point LOL
For those of us whom understand theft we get the message
"Money is work and work is heartbeats and heartbeats are finite."
Best line in the whole thing.
Money is not work. A commodity generally accepted as a medium of indirect exchange serves as money.
@@MengerMania Clearly. I think they are hitting on why it is immoral to counterfeit credit. I think they all would agree with your definition.
Slavery by fake money 😂😂😂😂😂😂😂
@@MengerMania usually that commodity is worked for, mined, printed, or scribed
All take energy and energy is work
I enjoyed hearing the chant, "End The Fed!" It took me back to the energy that lived in the days of the Ron Paul for President campaigns!
@@n88986 Personally, it's when I learned that many of my elders, regardless of age, have failed to learn some simple moral concepts.
It's quite simple why rates are climbing with rising imports and falling exports, the FED is obviously to be blamed for banking crisis. Something will eventually break if they keep the quantitative tightening and higher interest rates. Is this really a good time to have some savings in stocks?
first austerity, then brexit, now widespread bank failures. .always do your own research & speak to a license advisor before thinking about putting your money into these crazy markets
Exactly, most youtubers said the market would be fine few months back, but it's been a major downturn. I've avoided the drawback of trial and error by simply following professional guidance. I'm semi-retd and work only 7.5 hours weekly, with nearly $1m ROI after subsequent investments to date.
this is incredible! how can I vet your advisr, mind sharing info, if you please?
The decision on when to pick an Adviser is a very personal one. I take guidance from Melissa Terri Swayne to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
curiously copied and pasted her full name on my browser, no sweat spotting her site. Ive seen commentary about advisers but not one that looks this phenomenal, very much appreciate it
Remember the saying, "when the student is ready the teacher will appear" yeah thanks for the video. Perfect timing
Wow... amazing video... this needs to go viral
I have been enlightened by Mises and Ron Paul.
You have been fooled by hucksters.
@henrygustav7948 elaborate?
@@henrygustav7948 okay socialist.
@@henrygustav7948 That's EXACTLY what we think about you! Go figure!
@@ipeteagles Mises only knows some of the functions of money but not what money is. They think money is a commodity, they are wrong. They think fractional reserve banking and money multiplier myths where banks lend out customer deposits. They have gotten Government fiscal and monetary policy operations wrong as well. They have everything wrong, its hilarious.
This is the most IMPORTANT movie in the last 111 years.
Please, watch "Europa the last battle" and "The Protocols of the Learned elders of Zion". Start connecting the dots with the Fed. Cheers!
Awesome production quality. Thanks for ending with what we can do!
This should have millions of views already. Share this far and wide. Everywhere. With everyone.
No FED means equal chances, fair wages, fair wealth distribution, and above all it means NO ENDLESS WARS
It means government will either
1) shrink down to almost nothing as it should
2) tax us at over 100% to pay for everything.
35:52 END THE FED! END THE FED!
EDUCATE YOURSELF
@@petruflorintofoleanu5865 Can you be more specific?
@@BrewsterMcBrewster EDUCATE YOURSELF
READ 📚 ABOUT HISTORY
UNDERSTAND WHO BENEFITS FROM FIAT CURRENCY SYSTEM AND WHAT ASSETS
@@petruflorintofoleanu5865 Sorry I asked...
@@petruflorintofoleanu5865 I learned something about history lately. It is all biased. Be careful of what you study.
Ron Paul was right. End The Fed!
Satoshi has - get on board
@@JimJamJuicy yes. Because the government adopted bitcoin as legal tender😂
@@CalderaFinance u don't understand Austrian economics if you're worried about legal tender haha
@@JimJamJuicy not worried. Just want the government reformed and central banks gone
@@CalderaFinance adopt bitcoin standard in your own life and you have ended impact of Fed on you
I realy enjoyed this documentary.
The imagery of the the fed being an arsonist that makes kimself the firefighter is powerful.
more people need to understand what’s going on with the monetary system. the whole thing is propped up by the ignorance of the public.
Your wrong
Why your wrong. Because the strong will dominate the weak. The smart will win over the unintelligent. The beast will swallow the sheep. This will go on and never change
Why your wrong. Because the strong will dominate the weak. The smart will win over the unintelligent. The beast will swallow the sheep. This will go on and never change
Welcome to reality
@@PLSdanger it's propped up because evil men are not brought to account with the sword.
The Feds has unleashed chaos! every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing this 2024, how can we enhance our earnings during this period of adjustment after the re-election? I cannot let my $380,000 savings vanish after putting in so much effort to accumulate them.
I'll suggest you find a mentor or someone with experience guide you especially in this recession. for your and portfolio diversification.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $100K to $272K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
@@williamDonaldson432 I'm intrigued by your experience. Could you possibly recommend a trustworthy advisor you've consulted with?
Annette Marie Holt is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for clearing that up, I curiously searched for Annette Marie Holt on the internet and thankfully, I came across her my goal is to retire in 5years time.
I'm loving the bullish sentiment on the federal rate cut in the stock market! I'm considering diving in with $220k specifically targeting sectors that benefit from lower interest rates. Anyone have any hot stock picks to share?
It's wise to seek expert assistance when beginning your financial portfolio. market is volatile, so professional guidance is so important..
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
Hey friend, How can I work with your Fiduciary?
*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her.
thank you
This was great! Thankyou for all you do over there at Mises!
Please share
Thanks!
assigning this to my two high school aged (home schooled) kids now. Thanks LvMI!
Do it as a history lesson then because much of what is in this video is no longer the case.
Love and deeply respect Mises but this topic deserved a more serious treatment.
The tone and pacing are frenetic. Next time have someone watch compelling documentaries- think The Fog of War, Errol Morris. Pause. Flow. Allow the message to sink in. This is life and death stuff- it makes its own drama!
You can capture the younger audience without sinking to the TikTok attention span.
Appreciate the effort in any case.
Great message but irritating background sound.... can't call it music.
James Grant has it exactly right - the dollar was defined as a specific weight and purity of gold (silver, initially). The names of various currencies around the world were chosen for the same reason. They defined a certain weight and fineness of precious metal as their currency unit, and they gave that definition a certain name.
If people can understand that much, they will understand the basic fraudulent natue of national currencies today. Nobody has "dollars" today. They do not have coins of a certain weight and purity of precious metals in their pockets. They don't even have notes which are redeemable in precious metals. They have pieces of paper which governments say are "dollars" or "pounds" or "francs" or other currency units that used to be defined as a certain weight and purity of precious metal. They rae simply pieces of paper that governments claim have value. Fiat money.
If you understand that much, you are way ahead of 99% of the people in the world. Unbacked or irredeemable paper money is a gigantic fraud, the fraud at the base of just about every other government fraud.
Excellent production!
This is so awesome.
Thank you Mises, End the Fed
Thank you for being my part in the understanding of money and currency.
why are you not covering the fact which individual people/ bankers created the FED in the first place?
Great documentary! I am going to spread this far and wide!
Don't bother it's false.
@@kevinmunro4554 what's false about it?
Absolutely Outstanding piece!
This was phenomenal !!!
I am awaiting the moment everyone learns the truth about the FED. Revolution comes
Gold is money!
Yes,gold and silver are real money,everything else is credit
It’s literally not.
@@aygwm OK Ben Bernanke
@@kiloyardstare The use of money is not legal in the US. It's a problem with "legal tender" laws.
The reason central bankers love Gold is because Gold failed as a money in 1971. Central Bankers love Gold because you have to have Fiat layer on top of gold. If you have a gold standard, you have a Central Bank standard. Bitcoin removes the need for central bankers and solves all the problems Gold has.
Very informative video. Everyone in the USA and indeed around the world should see this. This video is 13k views should be 100 million views. Thanks! 🙏
“Every bank in the region is a corporation”. Every State, city and town and even the USA government, is a corporation.
Correct!!
Please repost this video with way less music or at a way lower volume. Great content doesn't need all this annoying buzz behind it.
That is my main complaint as well. There’s no need for the constant music, it’s distracting
It's to keep the attention
that requires very sophisticated audio equipment most people dont have. Unless the source video file holder is reading this.
Maybe you could download the transcript...
Please share!😊❤
Excellent. I think a version without the music would be great too. Fix the money!
Intro bgm+ vissual wow
We need the Trump to appoint a Mises person to fed chair 😅
We need to end the Fed and Trump and Kamala would never do this. The modern Republican and Democrat party will never get rid of it. I don't vote for Dems or Repubs.
Satoshi
He would appoint his tech billionaires who are currently backing his campaign. Those tech guys are getting ready to implement CBDC during the next crisis. The next crisis will be monetary and it will force us to accept this as a solution, and we'll all do it "out of convenience and safety". Same thing will happen no matter who is on the ballot. The fed is never on the ballot.
He'll appoint whomever he is told to appoint. YT is deleting my posts now.
Great content 😊
END THE FED!
Great video
What good is all the great information from Mises, if we don't have a political bridge to get into office? If there were a pathway for liberty minded individuals to get into office, we would be there effectively. If I were in office, I would be consulting with Mises every day, for the sake of human freedom.
the money system must serve the people not the bankers when that happens we have peace..
Right now, we stand at a crossroad of possibilities in the market where the boundaries on what we can achieve is not just dictated by the Fed, or the world around us(war, inflation). There's always going to be recession for some people while others amass wealth, think about it.
I think this is a time where financial advisors may come in handy for everyone, not just newbies
IMO, financial advisors are the most sought-after professionals after doctors. My portfolio is well-matched for every market season and just yielded 85% from early last year to date. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
@@mikegarvey17bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
My advisor is “Izella Annette Anderson”. She's highly qualified and experienced in the financial market, with extensive knowledge of portfolio diversity. She's considered an expert in the field. I recommend researching her credentials further.
Thanks! I’ve been meaning to start investing but kept procrastinating. I’ll definitely look her up and see what she advises. This was really helpful!
Get rid of the Federal Reserve , America's Central bank ,it's killing our currency ! 😮😎😎
Theory of Money and Credit by Ludwig von Mises
They who shall not be named. 🧢
✡👃
jews
The ROTHCHILDES....Iceland passed them off...and put warrants out for their arrest.Russian Federation is against the Rothies...😊😊😊
Good content. But the only real issue I had was the music's volume (was somewhat in the foreground) split my attention while trying to focus on what the speaker was saying. I found myself rewinding and re-listening often throughout.
Is there a Spanish version of this available?
THE FEDERAL RESERVE HOPES WE ACCEPT THEIR CLAIMS OF BEING THE CENTER OF THE GALAXY! ANYONE WANT A 🎈?
The Titanic had all the bankers against the Federal Reserve. How convenient.
What is unseen is more vast than the seen!
"Therefore, we do not lose heart. Though our outward man is decaying, yet our inward man is renewed day by day. For our trouble, light and momentary, is producing for us an eternal weight of glory far beyond all comparison, as we look not at what can be seen but at what cannot be seen. For what can be seen is temporary, but what cannot be seen is eternal."
2 Corinthians 4:16-18
"You know that you were redeemed from the futile way of life handed down from your ancestors-not with perishable things such as silver or gold, but with the precious blood like that of a lamb without defect or spot, the blood of Christ. He was chosen before the foundation of the world, but was revealed in these last times for your sake. Through Him you are believers in God, who raised Him from the dead and gave Him glory, so that your trust and hope are in God.
1 Peter 1:18-21
Amen and Amen!
Awesome
When was this show made?
At 2:50 - banks can no loan capital stock ( deposits, property, cash ) this is outlawed by 12 USC 83.
So what is the mechanism by which reserves fractionalize? You can't have 10% reserves if you didn't loan out something on deposit.
@@Oatriumph the reserves are created by the debt ( HJR 1491 March 9th 1933 the money will be issued to the banks in return for government obligations, bills of exchange, notes, drafts , trade acceptances and bankers acceptances..
These reserves are multiplied ten fold by the Fed. The commercial banks use up to 90%(9/10ths hence the fractional nomenclature) of these reserves with the federal reserve bank.
@@georgemckenzie2525 This system could never exist without supplanting market money (gold/silver) by force. But after it is here, since "real savings" are gold savings being forced into dollars by guns and cages, it's not really a question if economics anymore. I guess we will be on opposite sides at Ragnarok.
@@Oatriumph well I hope you make it to the fertile rebirth side after the fiery destruction side of ragnarok.
:)
I am not a fan of the system in place.
That said I have become expert in it's behaviour's and the forgotten and underutilized self correcting aspects.
@@Oatriumph the enemy M.O. is always kill and replace
One trick, countless iterations
The Fed is a currency grid and they supply the energy to the banks and Wall Sreet who's usage exceeds the capacitance and ends up costing the General population more for the same service.
I hesitate to criticize, no one else I know of is doing this good work and there is much good in this piece. I certainly support the institute. I would like to say three things. 1. It leaves people to think that we are on a reserve banking system and the Fed eliminated reserve requirements during covid. The entire banking system is really untethered. I think people need to know that. There is nothing tangible behind it and no rule or reason that limits creation of currency or for that matter, the destruction of currency. That means it can free fall at any time. This is why an extra trillion in debt is possible every 100 days or so. Why go into detail about reserve banking without explaining even it has ended? 2. I can't understand how the final video came out so spliced together. It is just continually chopping from person to person. Very distracting. It breaks your focus every few seconds. Why not just let each speaker speak a few minutes or even a minute and then go on with continuity? It is an unnecessary distraction to an important message. 3. There is the mention of the original sin, the "claim ticket." I liked that. I do think more should have been said about it and the real problem of counting debt as an asset. We actually consider debt, which is a negative, to be an asset...
the inaccuracies in this video are truly stunning considering the source. It calls into doubt the Institute's competence to be a critic of the Fed and the present monetary system. I was laughing at points. Reserves btw were eliminated on a practical level long before Covid. They merely formalized the practice in 2020.
They are bankrupt
Hallelujah!!! The daily Jesus devotion has been a huge part of my transformation God is good, after years of addition to drugs and sins God chased me down as I earn $12,500 monthly.
My life and family has changed, Thank you Jesus!!!..
Thanks to Mrs Maria Williams.
She's a licensed broker here in the states🇺🇸
Wow 😮 I know this woman mentioned here. she's really good with and on his job. She has helped a couple of families and individuals' finances
After I raised up to 125k trading with her I bought a new House and a car here in the states
* also paid for my son's
surgery (Oscar). Glory to God.shalom..
Sure, but TH-cam's got a thing with posting numbers, so I'm going to drop her number y below. Hope that's okay.
When I was a child in the 60's and 70's (still on the gold standard), we use to talk about Fort Knox and all the gold it stored for our gold standard monetary policy. When we went off the gold standard,---------------------------------------------what happened to all that gold?
Will dedollarization be a policing instrument to make the necessary check and balance?
LUCK IS WHEN PREPARATION MEETS OPPORTUNITIES ❤
Great documentary but it's almost unwatchable because the background music is WAY to loud. It really doesn't even need the ominous music throughout. It would be better beginning, transitions and ending. But not so loud.
A interesting and helpful video that would have much better without the excessive use of annoying and unnecessary background music.
So…no Bob Murphy? 😐
I lost my career in 2009. Things have never returned to pre GFC days prosperity for me.
"just because we have debt and printed money, that does not mean real wealth is made" :)
The Mises Institute has produced a video purportedly about The Fed, but not once did the speakers mention reserve requirements. They made a lot of confusing and misleading statements in this documentary; however, this glaring oversight calls the validity of the rest of the presentation into question. Did ballooning excess reserves in 2008 and eliminating reserve requirements in 2020 increase or reduce The Fed's influence in financial markets?
reserve requirements do not prevent the overleveraging and destablization of markets
@@beavis408 But reserves do significantly affect The Fed's influence in those markets. Remember the title of this documentary is "Playing with Fire: Money, Banking, and THE FEDERAL RESERVE" (my emphasis). Of the tools at The Fed's disposal, reserve requirements are the most powerful. They have eliminated that tool.
It is a shockingly inaccurate video
Please re-release a version without the continuous dramatic background music.
its part of the production lmao get over it
@@godsfavourcrypto822 “Feedback is the breakfast of champions” --Ken Blanchard
You spoiled the content with annoying background music.
That’s where my backpack with my original documents was stolen
The FED was founded with the mandate of keeping the dollar stable. Since then...the dollar has LOST more than 99% of it's value...MISSION ACCOMPLISHED ? -
To the people who complain about the music on this vid. Try listening (and understanding) the words that are being said, and you won't hear the music.
Printing Money is a secondary, higher hidden tax on the wages and savings you have already worked for and paid tax on!
God bless the public's ignorance. -The Government
Thank goodness for bread, circus, media, and crises!
Just repeal legal tender laws
ABOLISH the damned FED, and let the Market give us an honest currency
You cant...... then you'll have to have a financially responsible government.
@@ClearGlassStudios281 Ron Paul said it would end in chaos if it didn't change. I think I agree.
That would be apocalyptic due to the way we are addicted to their policies and illusions.
EDUCATE YOURSELF
How can banks run out of money? The loan they give you, is your own money. They take the loan application that you signed with a blank indorsement, turn around and sign it with a special indorsement. Take that now promissory note to the federal reserve window, exchange it for federal reserve notes for the full valve of that notes, then borrow you your own money back to you with interest. How on Earth can they go broke, when all notes, bills of exchange, banks drafts ect... are obligations of the United States.
Banking must be nationalized and democratize per our constitution of the united states
Viva Milei carajo.🤗
Worthless politicians 👉
Stop sending our money overseas !!!
Grim hustle army ✋
Neither a lender nor a borrower be (especially not a lender).
" We didn't start the fire " bruce springsteen
People want a fair "level playing field". The monetary crisis that happened prior to the Fed were obviously unfair, and the promise of the Fed was to eliminate those crises. But, as Lindberg put it, those crises would simply be engineered more precisely than the way it was done beforehand.
"Under the federal reserve act, panics are scientifically created. The present panic is the first scientifically created one, worked out as we figured, a mathematical equation."
Charles Lindbergh
@@qwerty90615 No one seems to have responded to you, but your quote of Lindbergh does not convince me, and I believe you are plain wrong. The monetary crisis before the Fed were not obviously unfair.
Which crises in particular? Tom Woods has discussed panics that were resolved very quickly and fairly overall. Why do you deny that scholarship, but accept your own?
@@Oatriumph DiLorenzo's opening sentence, "The Fed has made the economy more unstable than it was before the Fed," was my reason for quoting Lindberg. The obvious truth of this was illustrated by the quotation of Treasury Secretary Mcadoo, "Now that we have the Fed, financial booms and busts have ended." But, we cannot simply write off Mcadoo as mistaken. The fed was conceived as a fraud, as Edward Griffin explained in _Creature from Jekyll Island_, in the 1910 meeting of bankers and politicians to lay out the 1913 legislation for the creation of the Fed. They did not see it as fraud. They saw it as necessary and beneficial, as memorialized in later published writings of attendees, such as Frank Vanderlip.
Lindberg was stating that the purpose of the Fed was to make the economy unstable in a predictable way, for the benefit of the insider elites. What are you not convinced of?
My first sentence uses the phrase, a fair "level playing field" in quotes because it is rhetorical. This was something that Progressive politicians would promise and was used as a reason to establish the Fed. There is no such thing as a level playing field. People are not equal. In a free economy, people accept responsibility for entering an economic exchange. Sometimes, somebody gets a raw deal, because at the time that the terms were settled, they failed to perform due diligence or were deceived (often by themselves or bad education).
@@Oatriumph My response to you posted and was deleted.
@@qwerty90615 Here, we have some common ground. Fuck censorship.
The trap has been set!
Basically, by declining the gold standard, the FED simply said, that their will is a gold standard
2:41 But an effective stop Gap could be to immediately raise the reserve rate up to say 90% and leave it there so the banksters can make their profit and the money is actually in the reserve as real money taking all the risk and all of this b******* out of our lives
Kinda disappointed that they didn’t mention the plans proposed by Rothbard or Hazlitt to go back to a gold standard.
I’ve never heard the name Hazlitt, and I can assure you that the gold standard will never return. I say this because they can’t create an additional 10% of someone’s deposit with fractional reserve banking. Can’t do that with gold. But, this system ain’t as bad when you realize that we can offset all of our public debt from banks and the govt.
@@SPANKA.This system is that bad.
I think the system should grow organically by the free market without a state edict. Maybe gold maybe not. Let the market determine
@@BubbaShaffer if lumber were outlawed for 100 years, and we were making houses with cardboard, when we got back to allowing the market to use materials of it's choosing, we should expect a return to lumber.
Paper money was originally designed to be like a CHECK, redeemable in GOLD or SILVER. People still pass around these checks without ever cashing them in for real money.
paper money was supposed to be a receipt for the gold you turned in to the goldsmith, and eventually what they became....banks.
@@beavis408 you are wise, grasshopper. How is Butthead doing?
@@neckpower I was a big fan of the show back in my high school days. Have been using the user name ever since lol And your comment, like, doesnt suck. Yeah
The two Blacks (Blackstone and BlackRock)will crush on to you
GOLD IS MONEY
DOLLARS 💸 ARE CURRENCY
THERE ARE A DIFFERENCE
Richard Werner, a real scholar is the one person who will explain how banks function. All money comes from debt. The public and private banks explained.
If property is an extension of freedom of expression, than control of $$ is servitude perpetuated by congress(control of purse) at the cost of the people. How can you expect government to end this? afterall your just an employeee
depositor = unsecured creditor = taxpayer => socialized losses no matter what happens