Top Three Videos – December 1, 2023

The Federal Reserve System and its impact on the economy and society

• The Federal Reserve System is a cartel operating against the public interest, and it should be abolished.
• The creature from Jekyll Island is an instrument of totalitarianism and encourages war, destabilizes the economy, and compels the masses to serve it, obey it, and worship it.
• Truth by itself is not strong enough, it takes courage, action, and organization to prevail.
• The first thing that has to be done is to abolish the Federal Reserve System because that’s the instrument of this monster.
• We are now living under the Soviet system that he was talking about, increasingly here in the United States.
• The first step toward successfully implementing the US Central Bank was to scramble the public’s understanding of the nature of money itself.

The nature of money and the importance of understanding its value

• The origin of the United States dollar comes from a private mint, not the government, showing that people understood the concept of money and its value.
• The nature of money is the central idea that it is a medium of exchange, not the goods or services being exchanged directly between individuals.
• With gold as the monetary base, improvements in technology would gradually reduce the cost of production, causing a downward movement of all prices.
• The public has been misled into believing that the expansion of the money supply is beneficial due to the cognitive optical illusion of nominal values increasing while the purchasing power of the dollar goes down.
• Printing money is not good because it devalues the currency, similar to a butcher putting his finger on the scale to make the meat weigh more.
• Holding savings in gold or any free market money outside of the central banking system disrupts the process of confiscation via inflation, making it the most effective voting mechanism.