In 1913, the Federal Reserve Act essentially outsourced the U.S. currency to a consortium of private bankers. Thus began the process of converting the value of the U.S. dollar from the gold standard to the arbitrary values of fiat money. We are now beholden to a system which puts control of a limitless economy into the hands of a few powerful individuals. Edward G. Griffin discloses the intricate machinations that led to the establishment of the Federal Reserve and how central banks work together to hold on to their power in this presentation originally webcast July 16, 2015.
G. Edward Griffin is a writer and documentary film producer with many successful titles to his credit, including, The Creature from Jekyll Island and World Without Cancer. He has dealt with such diverse subjects as archaeology and ancient Earth history, the Federal Reserve System and international banking, terrorism, internal subversion, the history of taxation, U.S. foreign policy, the science and politics of cancer therapy, the Supreme Court, and the United Nations.