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Crash Course: Chapter 9 - A Brief History of U.S. Money by Chris Martenson

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From YouTube (Approved: begamatt), produced by Chris Martenson
 
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. (07:29)

More information can be found at http://www.chrismartenson.com
 
Ages: 14 - 18 License: Proprietary Owner: Chris Martenson Found by begamatt
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