Chapter 9 - A Brief History of U.S. Money

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Chapter 9 - A Brief History of U.S. Money

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Category:Economy, Energy, Environment » Crash Course

Title:Chapter 9 - A Brief History of U.S. Money

Description:Chapter 9 (A Brief History of US Money): Beginning with the panic of 1913, this chapter touches on important events in the history of US money, such as the creation of the Federal reserve, FDRs confiscation of private gold, the Bretton Woods agreement, and Nixons slamming of the gold window. We learn that the current international monetary system of unbacked currencies is only 37 years old, and is operating outside of the standards established by the Bretton Woods agreement. The system were operating within has not been planned or designed: it emerged out of a crisis. Dr. Martenson also provides graphs of total US Federal Debt, and Total US money stock, both of which are growing with no end in sight. Click below for Chapter 10 - Inflation

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

Uploaded By:PeacefulWarrior

Date Added:2009-04-24 06:08:35