The Real Estate Guys Radio Show - Real Estate Investing Education For Effective Action

The Creature from Jekyll Island - A Conversation with G. Edward Griffin

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Synopsis

The Federal Reserve Bank is arguably the most powerful non-governmental institution on the planet.  It controls the money supply of the world’s largest economy, has a profound impact on interest rates and inflation (both of which directly affect real estate investors!), and has tremendous authority over all banking in the United States.  And if all that wasn’t power enough, because the U.S. dollar serves as the reserve currency of the world, the Fed and its policies also profundly affect global trade.  It's no wonder then, as the 2012 elections approach, with so much emphasis on the economy, that the topic of the Federal Reserve has made its way into the mainstream of the presidential debates.  Ron Paul wants to end it.  Rick Perry says its acts are treasonous.  Herman Cain was a Chairman of the Kansas City Fed.  Yet, many people really don’t know who the Fed is, what it does, how it works, or who it’s accountable to.  One thing is for sure: The Fed is controversial.  Fortunately, we aren't afraid of a little