The past few years have been the worst financially for at least 70 years. In my lifetime I have never heard of anything like major banks collapsing. Sure there have always been one or two that have tried to pull greater than their strength, but to have the really big names in banking going bankrupt is something else.

But what has caused it. Everyone seems to be blaming someone else and noone seems to want to take responsibility for it. Maybe noone is responsible, it has been such a worldwide phenomenon that it could just be that we can expect it to happen on a regular basis in the future.

How relevant is the Federal Reserve in banking throughout the world? Has America’s actions of forcing other countries to devalue their currencies been a major effect? How much difference has the linking of gold to the currency been relevant? Is it time for the Fed to be disbanded or, at least, given a major makeover?

These issues are expertly dealt with in this video that I found on YouTube.



It is not a short watch but I found very interesting. I would be interested in hearing the comments of others.


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