Century of Enslavement: The History of The Federal Reserve

2014 Economics 4.21K Views 1 Comments
What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters? In this feature-length documentary film, The Corbett Report explores these important questions.

All our lives we’ve been told that economics is boring. It’s dull. It’s not worth the time it takes to understand it. And all our lives, we’ve been lied to.

War. Poverty. Revolution. They all hinge on economics. And economics all rests on one key concept: money.

Money. It is the economic water in which we live our lives. We even call it ‘currency’; it flows around us, carries us in its wake. Drowns those who are not careful.

We use it every day in nearly every transaction we conduct. We spend our lives working for it, worrying about it, saving it, spending it, pinching it. It defines our social status. It compromises our morals. People are willing to fight, die and kill for it.

But what is it? Where does it come from? How is it created? Who controls it? It is a remarkable fact that, given its central importance in our lives, not one person in a hundred could answer such basic questions about money as these.

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  • Voluntero 2 years ago

    An error a lot of people make is where they wrongly conflate the Federal Reserve as capitalism because it's private. The Federal Reserve only exists because of the American government, it is the American government that granted it a monopoly over currency. In a real capitalistic society anyone could start up their own central bank which doesn't mean it would be successful as the success of the bank would be determined on who wants to use it. If you try that under the current system you'd get arrested and imprisoned.

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