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The truth about the Federal Reserve & how it destroys sound money

By Amanda Van Dyke | Sunday 19 October 2014


 


And now for something a bit different. As you might have guessed I am an Austrian economist – that is to say that I regard the printing of paper money and pointless and wicked. It creates wealth for the few without boosting the economy. It is fair to say that I am not the greatest fan of the Federal Reserve. And as such I heartily recommend this podcast from my colleagues at Palisade Capital with Mr. G. Edward Griffin. Mr. Griffin is the author of the widely popular book, The Creature From Jekyll Island, published in 1994. The topic of the book is The Federal Reserve, and it tells the story of how The Fed was created, for what purpose it was created, and by whom it was created. For all those who believe in sound money…enjoy.


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