It’s Time to End the Fed | Here’s How

The Heresy Financial Podcast - A podcast by Joseph Brown

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Did you know that the United States has not always had a central bank? In fact, the Federal Reserve was not started until 1914. Within just a few years of the Fed starting, we had a recession that was called the Great Depression in 1921. And just seven years after that, we had another one that since then is now called the Great Depression, because it was even worse than the first one. It also paid for unlimited spending that got us into two world wars, decades of military actions in countries all around the world, and all the dollars that we have exported overseas since the seventies. When we came off the gold standard have introduced hyperinflationary episodes all around the world, destabilized the global financial economy, and have brought us to the place now where we have the largest buildup of debt, the largest buildup of derivatives, the most fragile economy that this world has ever seen. The time is now to end the Fed, and I am going to show how that could be possible.