
Fiat Empire: Why the Federal Reserve Violates the U.S. Constitution
The U.S. Constitution gives Congress alone the power to coin money and regulate its value, and this film argues the Federal Reserve has quietly taken that power away. Director James Jaeger builds his case through interviews with Congressman Ron Paul, monetary historian G. Edward Griffin, constitutional lawyer Edwin Vieira, and film critic Ted Baehr, who together frame the Fed as a banking cartel operating outside constitutional authority and public accountability. The film traces how the Fed's structure lets a small circle of bankers set monetary policy, argues that this has widened the wealth gap and eroded the dollar through inflation, and claims it has let the government finance wars without raising taxes directly, ballooning the national debt in the process. It also accuses the corporate media of ignoring the story because journalists answer to owners with a stake in the current system. Released in 2006 as an early document of the Ron Paul movement, the film stays narrow and specific: one institution, one constitutional clause, and the argument that the two do not square.