What You Always Wanted to Know About the Economy But Were Afraid to Ask

posted Thursday, December 11, 2008 in economics, philosophy, politics, videos

These top videos on contemporary macroeconomics explain the basics of economic theory, monetary theory, and the root causes of the current economic crisis. You will learn more about why our country is on the wrong track by watching just a few of these videos than you could learn from years of academic study or political research.

Be warned: the rabbit-hole is deep! Don't swallow the red pill unless you want your eyes to be opened!

#1 Money as Debt (47 min)

This illustrates how our system of fiat currency and fractional reserve banking works in simple terms. A shockingly simple explanation of how our monetary system enslaves us to central bankers who engage in legalized counterfeiting.

#2 Money, Banking and the Federal Reserve (41 min)

The Federal Reserve is neither federal nor a reserve; it is a private corporation. It is, in fact, the third central bank of the United States. Irony is Andrew Jackson on a $20 bill (FRN).

#3 Creature from Jekyll Island: A Second Look (42 min)

A history of the Federal Reserve and how it was conceived and implemented in relative secrecy.

#4 Fiat Empire (59 min)

This documentary goes into more detail about the legality of the Federal Reserve and the implications for the future of the US and the Constitution.

#5 Monopoly Men (47 min)

This incredible documentary narrated by Dean Stockwell provides more information about the Federal Reserve and investigates its ties to European banking families.

#6 The Money Masters (215 min)

This slightly older film traces in great detail the origins of the political power structures that rule our nation and the world.

Honorable Mentions

These videos didn't quite make the Top 10, but they're informative enough that we had to mention them. For anybody who really wants to "tumble down the rabbit hole", there's a ton of valuable information here.

(In no particular order:)

Monetary History: a lecture by Dr. Stanley Monteith on monetary history and the roles various US Presidents' have played in the struggle against central banks.
Chris Martenson's Crash Course: A condensed version of Martenson's End of Money seminar, this economic crash course is a good primer on several basic economic issues.
Discussion on the gold standard on CSPAN with Professor Joseph Salerno.
Zeitgeist the Movie (122 min): A documentary about comparative religion, 9/11, government conspiracies... and the last third is about monetary policy and Federal Reserve economics. Take this one with a grain of salt... confirm facts and decide for yourself.
EuroPacific Capital video interviews with Peter Schiff appearing on a variety of mainstream media and other programs. Observe how this lone patriot is ridiculed by the "conventional" thinkers of the media.
Korelin Economics Report: Audio program with Al Korelin including some video interviews, discussing asset-based investing in the current economy.
Confessions of an Economic Hitman (102 min): John Perkins was one of the men working behind the scenes to expand a global empire primarily through economic blackmail where they seduced third world leaders into taking out enormous loans that were impossible to repay so we could then U.S. corporations could swoop in and acquire control of their natural resources.

And Finally

I know this is a lot of information to absorb! If you watched these videos with an open mind, you probably feel like Alice, tumbling down the rabbit hole. I leave you with one last video, providing a more "elementary" perspective. It's cute, but the point is that the basic lessons behind all this information really aren't that hard to grasp:

Inflation is not hard to understand. Inflation is the root of our economic woes. Inflation is the primary difference between the two schools of economics, Austrian and Keynesian. Inflation is created by the Federal Reserve, a Keynesian approach to economic management. Inflation is a hidden tax, on us and on future generations.

Inflation is our cage, and the Federal Reserve is our jailor. We need to abolish the Federal Reserve and all central banks, and we need a balanced budget -- yesterday. But we aren't going to get those things with the people currently in charge, so we need to get new people involved in politics. The good news is that the average human lifespan is still pretty short, so new generations come along all the time. The future is literally ours, and what it looks like depends entirely upon the actions we take today.