The Federal Reserve, Fractional Reserve Banking, and How Inflation Steals Your Savings | Crossroads

December 20, 2019 Updated: December 20, 2019
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In this episode of Crossroads we speak with Valentin Schmid, business editor at The Epoch Times, about the Federal Reserve and the issues it brought into the U.S. financial system.

We explain boom-bust cycles, fiat currency, fractional reserve banking, the “gold standard,” debt slavery, and how inflation functions as a hidden tax.

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