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Thread: Playing with Fire [Federal Reserve documentary featuring Ron Paul]

  1. #1

    Playing with Fire [Federal Reserve documentary featuring Ron Paul]

    Playing with Fire: Money, Banking, and the Federal Reserve
    https://odysee.com/@mises:1/playing-...nking,-and-2:d
    {Mises Media | 12 October 2024}

    The Fed has been the source of booms, busts, and the ongoing impoverishment of Americans since the Fed’s founding.

    This is why a new, critical look at the Federal Reserve is needed, and why the Mises Institute is now happy to bring you this new documentary on the Fed.

    Playing with Fire provides a look at how the Fed uses its expanding power to damage our economy, increase inequality, and to impoverish ordinary Americans. The film also looks at how much the Fed has expanded its own power since the Financial Crisis of 2008.

    Featuring interviews with Ron Paul, Tom DiLorenzo, Joseph Salerno, Mark Thornton, Jim Grant, Alex Pollock, and Jonathan Newman, Playing with Fire explains what the Fed is, where it came from, and why it is so dangerous. Perhaps most importantly of all, Playing with Fire shows why we need to end the Fed altogether.

    The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://Mises.org/Money



    YouTube version (@misesmedia):


    THREAD: Playing with Fire: Federal Reserve documentary teaser

    Quote Originally Posted by Occam's Banana View Post
    Playing with Fire: Federal Reserve Documentary Teaser
    https://odysee.com/@mises:1/playing-...eral-reserve:e
    {Mises Media | 03 May 2024}

    Dr. Paul is right! People need to look at the money issue. Wars, spending and debt accumulation, subsidies, both domestic and abroad, are intimately linked to the money machine known as the Federal Reserve.

    Central banks have two main purposes: inflate the money supply and give bailouts to the big financial firms. By inflating the money supply, governments can finance their operations cheaply and surreptitiously. If we wish to oppose the state and all its evils, we must point to the source, the Federal Reserve.

    This opposition is why we are creating our new Federal Reserve documentary. The Fed has created its own narrative for far too long, but now we're telling the world the real deal.

    Help us meet our fundraising goal. Donate $50 today (https://Mises.org/Fed) and receive our NEW booklet by Murray Rothbard, Taking Back Our Money. Donors of $1,000 or more will be listed in the film credits.

    Please give today! https://Mises.org/Fed

    Last edited by Occam's Banana; 10-13-2024 at 12:22 AM.
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  3. #2
    Watched. Superb!

    RPFers: Share this with all your friends/contacts, every American needs to see this! The MI's Money, Banking and the Federal Reserve is much more of a technical deep-dive into the topic and is more suitable for think-tanker, beltway types, but this documentary is a political gut-punch to the money-power because it focuses just on the few key things that the ordinary American needs to understand.

    - We never "need more money", that is, printing money would never benefit the economy, even if it were in the form of a truly even stimulus to every account simultaneously. A truly even increase of all accounts would accomplish nothing at all, neither beneficial nor harmful. So, the best-case scenario would be that the Fed does no good or harm. But the reality is that stimulus is never evenly distributed and simultaneous. Even stimulus checks / helicopter-money are not truly even across the economy. In reality, Fed action only ever harms the economy, and nothing besides.

    - The Fed benefits a select few at the cost of everyone else. Obviously, the select few are those who are politically well-connected, and the rest of us are hurt. Inflation is a regressive tax and this needs to be hammered home with the Left because they supposedly support progressive taxation. They whine and cry continually about how the rich get richer through "tax loopholes"... but inflation is the biggest tax "loophole" ever! It's a multi-trillion dollar tax "loophole" that benefits all the big banks, all the big corporations, all the richie-rich Wall St. cronies, at the expense of honest companies and ordinary Americans who refuse to play that dirty game.

    - The Fed and its inflation can be stopped today. All we need is the will to do it. The Fed was created by an act of Congress, and it can be taken right back out of this world by an act of Congress. It doesn't even have to be destroyed, it only needs to have its powers made accountable to the American public (through elected representatives) and that will suffice to break the back of the Fed scam. Today, we have to wait years, maybe decades or never, to find out where the Fed has squandered those countless trillions of dollars. Legally, the Fed is an absolute black-hole, it cannot be compelled to provide any information to Congress that it does not choose to voluntarily provide. That is absolute insanity and it is a total dereliction of duty for the Congress to allow such an unaccountable organization to exist. In creating the Fed, the Congress effectively ceded the sovereignty of the United States, whether they understood that or not.
    Last edited by ClaytonB; 10-13-2024 at 11:50 AM.
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  4. #3
    Playing With Fire and Its Critics
    https://odysee.com/@mises:1/playing-...-its-critics:7
    {Mises Media | 24 October 2024}

    On this episode of Radio Rothbard, Jonathan Newman joins Ryan McMaken and Tho Bishop to discuss the Mises Institute’s new documentary, Playing With Fire: Money, Banking, and the Federal Reserve, and respond to some friendly critics about the continuing importance of Austrian Business Cycle Theory in the modern financial world.

    “A Modest Proposal to End Fed Independence” by Joseph T. Salerno: https://mises.org/RR_210_A

    “Who Starts Business Cycles? Banks or the Fed?” by Jonathan Newman: https://mises.org/RR_210_B

    “The Federal Reserve and the Regime Are One and the Same” by Ryan McMaken: https://mises.org/RR_210_C

    “Playing With Fire – a Very Disappointing and Factually Incorrect Mises Article on Money” by Mike Shedlock: https://mises.org/RR_210_D

    “The Role of Shadow Banking in the Business Cycle” by Arkadiusz Sieroń: https://mises.org/RR_210_E

    Anatomy of the State by Murray Rothbard: https://mises.org/Anatomy

    Get free copies of What Has Government Done to Our Money? at https://Mises.org/RothPodFREE




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