Last week, I came across an interesting video called “The Money Masters” that gives insight into the Federal Reserve System.
You probably know the Federal Reserve is responsible for controlling banking and interest rates. As such, they are one of the most powerful institutions in the country, and have a major impact on our everyday lives. The DVD was intriguing and much more enlightening that I would have ever imagined.
“The Money Masters” reveals “How Private Banks Create the World’s Money.” This video introduces the whole subject of modern money manipulation and its history in a broad three-and-half hour presentation.
The video answers the following frequently-asked questions:
-- What caused the U.S. housing market collapse?
-- Who owns the Federal Reserve Banks?
-- Why do some people deny that the Federal Reserve Banks are owned by private corporations?
-- Doesn’t the fact that the president appoints the board of governors of the Federal Reserve System make it a quasi-governmental sort of entity?
-- Have the courts decided whether the Federal Reserve Banks are privately owned or not?
-- How does the Fed “create” money out of nothing?
-- If private banks create more than 90 percent of the U.S. money supply, then are they not a greater threat to democracy than the Fed itself?
-- How do private banks create money?
For more detailed information, the publishers of the DVD recommend reading “Modern Money Mechanics.”
This is a workbook on bank reserves and deposit expansion originally distributed by the Federal Reserve Bank of Chicago. It is included at the Web site: www.themoneymasters.com.
They also provide a group of other selected readings: As an example, one book they recommend is “Creature from Jekyll Island; A Second Look at the Federal Reserve” by G. Edward Griffin.
Their review says: “Where does money come from? Where does it go? Who makes it? The money magicians’ secrets are unveiled. We get a close look at their mirrors and smoke machines. A dry and boring subject? Just wait! You’ll be hooked in five minutes. Reads like a detective story — which it really is. But it’s all true. This book is about the most blatant scam of all history.”
On the surface, a video like “The Money Masters” would be perceived by most people to be boring. However, the publishers have provided numerous quotes from watchers who have described it as “fast-moving,” “incredible,” “mouthwatering,” “informative,” “inspiring,” and “fantastic.”
Many of you may find this DVD to be intriguing. More information can be obtained at www.themoneymasters.com or they can also be contacted at (888) 843-7568. The video costs $19.95 plus sales tax and handling.
Mike Ferguson is with Windsor Financial Services in Granite Bay. His Web site is www.windsorFS.com.
Video takes a close look at the Federal Reserve System
Lenders' Corner
Date Published: June 13, 2008











