The Truth About Central Banking and Business Cycles

by Oct 23, 2013Liberty & Economy, Video0 comments

When central banks send the wrong messages to savers and consumers trying to coordinate their plans, boom and bust cycles lengthen and worsen.

From the video’s description:

Just because we’ve had a system of central banking for 100 years doesn’t mean we ought to. In fact, it’s starting to look like central banks do more harm than good. From obscuring the true cost of credit to causing confusion about good investments, central bankers end up papering over economic problems. And when they send the wrong messages to savers and consumers trying to coordinate their plans, boom and bust cycles lengthen and worsen.

Learn more about the problems central banking causes at http://www.FEE.org/centralbanking.

Scripted, animated, and produced by Steve Patterson. Extremely special thanks to Julia Patterson.

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About Jeremy R. Hammond

About Jeremy R. Hammond

I am an independent journalist, political analyst, publisher and editor of Foreign Policy Journal, book author, and writing coach.

My writings empower readers with the knowledge they need to see through state propaganda intended to manufacture their consent for criminal government policies.

By recognizing when we are being lied to and why, we can fight effectively for liberty, peace, and justice, in order to create a better world for ourselves, our children, and future generations of humanity.

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