Chapter 8 - The Fed & Money Creation

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Chapter 8 - The Fed & Money Creation

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Category:Economy, Energy, Environment » Crash Course

Title:Chapter 8 - The Fed & Money Creation

Description:Chapter 8 (The Fed Money Creation): Chapter 7 explained money creation via money loaned into existence by banks, on the local level. Chapter 8 explains money creation by the Federal Reserve, where we learn that it is manufactured out of thin air. Perpetual expansion is a requirement of modern banking. The banking system MUST continually expand, because that is how it was designed. By understanding the requirement for continual expansion we will be in a better position to make informed decisions about what is likely to transpire and take meaningful actions to enhance our prospects. Click below for Chapter 9 - A Brief History of U.S. Money

Website (URL):http://www.holisticliving.co.nz/members/holisticliving/video...

Uploaded By:PeacefulWarrior

Date Added:2009-04-24 06:05:04