Видео

The federal reserve is NONE of the things you say you are (values of accountability, excellence, integrity and service.) Go F yourself. Fight your own wars.

Can the federal reserve bank explain their exit strategies, to all of the assets being bought? Please and thank you

only 223 views. Indeed ....

Excellent! Thanks!!

a must listen for historians and anyone interested in $.@3:20 when he says it helps us he means bankers I think, certainly not helpful to americans in general.

I would have asked Professor Eichengreen his thoughts on resurrecting the original full reserve bank, the Bank of Amsterdam, as a public bank that held the deposit of gold and silver coinage, issuing certificates of deposit as the circulating paper currency. Such a public bank would not have lending powers, except for any coinage they took in as few income and represented bank assets. Depositors with the public bank could, if they acquired a charter, set themselves up as lending institutions. Would this not solve the basic problem of monetary inflation?

Opening Starts at 0:10:48 Presos start at 0:35:48 CPI / BLS Data 0:54:41 CPI Questioned (Distorted Prices) 1:10:45 Financial Markets Approach 1:21:24 Comment: Questing the Goal of the BLS 1:27:20 Panel Questions / Discussion My observation and take away from this video as expressed by Hayek: "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." Hayek

Just like a big lie, they keep repeating it to make it true.

I hope you recycle..

Amazing depiction of life and business in America circa 1950. How things have changed.

Don't miss the part of the film on the 300 TON vault door, still the world's largest. Interestingly, it seems this vault is no longer used; can't they find something worth locking up?

End the Fed!!!

It's appropriate that the arrow undershot the 2% target given the tendencies of inflation-targeting central banks.

Thank you for this series!

This simple video illustrates well the role of the Fed (central bank) in the U.S.

The Fed itself claims that part of its job is to keep inflation in check. This is something like the tobacco industry claiming that it is trying to stop smoking or the automobile industry claiming that it is trying to control road congestion. The Fed is in the business of generating inflation. Inflation - an artificial increase in the supply of money and credit - the entire reason for Fed's existence is to generate more, not less of it.

At about 2:12 in, there is a map of the Federal Reserve Banks. It seems to have a dot for Washington, which has not Federal Reserve Bank, but leaves out either St. Louis or Kansas City. Also, there is no mention of the new tool of the Fed, the ability to pay interest on reserves. But perhaps that was deemed too technical.

Keep up the "GOOD WORK" Fed, we'll be bankrupt in no time. Ben Bernanke is our savior! *sarcasm added

Audit the Fed. Allow competing currencies by making them legal and convertible to FRNs to pay taxes. Allow competing metal based currencies - to shut up the gold and silver bugs. Cancel all debt the US government owns to the FED. Eliminate interest on loans to the US government through the Federal Reserve System (even the secondary markets). cont'd

cont'd... Require 75% reserves. Required audited mark-to-market balance sheets. Keep the state chartered banks to process checks - make state loans, reapplying the interest into the state general fund- pay the bank a resonable fee for this. Abolish the IRS and the illegal income tax. Then as good money drives out bad and all FRNs become worthless... END THE FED

I think you forgot to mention that the 12 regional banks have shareholders and that these shareholders arent made public. Pretty key information in my opinion.

you forgot to mention how we pay interest on money created out of thin air audit the fed

"Keep the purchasing power of the dollar stable over time" -3:55 $1 in 1913 ~ 5 cents today A track record that makes CBO forecasts look like accurate (well maybe not but..)

I appreciate these videos. I think they are very effective at getting their points across succinctly.

Money is only truly backed by DEBT & human enslavement to pay off that DEBT. Thats it kids.

But why is the New York bank granted special privileges? It gets to vote at every meeting but the others have to take turns? Thats not fair!

"Having 12 independent federal reserve banks located from coast to coast ensures that the economic realities from all across the land are represented when monetary policy is being considered. It also guards against too much power being concentrated in a single location in a single city." Except New York, which has a permanent vote on the board for reasons unknown.

They also missed the part that the money is created out of thin air and has to be paid back with interest rendering it impossible to pay the debt because there is always more money owed than in circulation.

The Federal Reserve is responsible for bubbles and creating depressions. They hold the monopoly of counterfeiting new US dollars. They loan this new money to big banks or gov't. The people who spend the new money will obtain wealth at yesterday's prices before they rise due to weaker dollar purchasing power. Therefore, wealth is transferred from dollar holders to big banks and gov't cronies who spend the new money. The people now understand your wealth redistribution scheme. End the Fed.

What deposits? We don't have any money anymore. Oh yeah you print as much as you want.

Read "The Creature from Jeckyl Island"

It's good that they are looking out over the economy so there is no inflation, and there is plentiful employment. Maybe you guys can do a vid explaining Tim Geitners involvement with the New York Fed and AIG, or Greenspans role in this current mess we are in with his refusal despite many warnings to regulate backroom derivative deals.

What about the Fed letting Goldman Sachs and Morgan Stanley become overnight bank holding companies during the meltdown, so they could get access to the nearly free money at the Reserve? Money which they now use for proprietary trading, not lending. Care to mention that in your next low-tech slide show?

Gold is self regulating or should I say market regulated. Fed do you mind if we legalize gold to compete with notes. You probably do mind...

I think it's best for the Fed to shut up and be secretive instead of trying to insult my intelligence.

Since the creation of the Federal Reserve back in 1913,the value of the dollar has gone down by 92%. In the 125 years before the Fed started printing money, the value of the dollar went up by 13% . How's that "stable prices" thing working out?

You invent money out of thin air and this is the best video you can come up with to justify it?

where's the part where they bail out insolvent banks, buy mortgages and magically decide what the interest rate should be? is that going to be in another video?

I think they failed to mention that the Federal Reserve is a private bank, unconstitutional, and the greatest threat to the US according to Thomas Jefferson "If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered."

Is this video targeted to 3rd-graders? Or are you implying that the citizenry of the country are about as educated and clear-thinking as a bunch of 3rd-graders? Or more bluntly, do you believe that We The People are a bunch of morons?

I still don't get it...

Short version... Criminals masquerading as price-fixing, central economic planners. No thanks. I'm for free markets.

if they're nominated by the president how are they independent

Why bail out AIG, but not Lehman Brother?

Wonderful : I'm French and I understood your explanations ! Great video !

You guys are doing a good service by putting out this information.