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11 Comments
therealblankmansays...Great post, where's the rest or what is this video called so we can try and find a torrent?
Constitutional_Patriotsays...This is from the 1980 tv series by Milton Friedman called: "Free to Choose".
You can see the entire 1980 original documentary as well as the updated 1990 version at http://www.ideachannel.tv/
and scattered throughout youtube
Constitutional_Patriotsays...*requeue
siftbotsays...Re-queueing this video for one more try; last queued Sunday, January 6th, 2008 12:08pm PST - requeue requested by submitter Constitutional_Patriot.
flavioribeirosays...The Fed is currently creating money at such a high rate that in 2006 it refused to publishing further reports on the M3 money supply. Since then, they've been hiding the numbers. We know they're making massive amounts of money out of thin air, because the US dollar keeps falling against every major currency, even though the other central banks play along and don't bet against the dollar.
Unless the US controls government spending and stops printing money, the dollar will crash. No one knows exactly when, but it's just a matter of time. Incentive plans like tax cuts will only make the problem worse -- they'll temporarily accelerate the economy, but exacerbate the problem in the long run.
siftbotsays...Discarding this video. It failed to receive enough votes to get sifted up to the front page within 2 days.
Constitutional_Patriotsays...*promote
siftbotsays...Self promoting this video and sending it back into the queue for one more try; last queued Thursday, January 10th, 2008 8:57am PST - promote requested by original submitter Constitutional_Patriot.
CrushBugsays..."without the excuse of war" - bwahahahahaha
drattussays...Friedman was without a doubt a brilliant economist but he's also the father of the Chicago school of economics which took over from the Keynesian school sometime around the Reagan era. Both have their problems but asking him to define Keynesian economics is like asking Reagan to define socialism. He's a critic and a proponent of a competing theory, not an impartial teacher on the subject.
chicchoreasays..."In fact, the President of the US at the time of enactment of the Federal Reserve, Woodrow Wilson stated the following in regard to the Federal Reserve being created under his watch, 'I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”
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