E531 - LF120 Bill Still – The Truth Behind the Federal Reserve

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Monetary reform activist Bill Still discusses his latest documentary Jekyll Island: The Truth Behind the Federal Reserve.

What’s the real problem with the world economy? It’s debt. Too much personal debt, too much corporate debt and – most importantly – too much government debt. People have a natural tendency to want to spend now and pay later, and governments are no different. The problem is that government money mostly comes from just two sources; taxation and borrowing. Governments can either raise taxes to cover their reckless spending...