As the United States’ central bank, the Federal Reserve has a crucial role in regulating the country’s monetary policies and managing its financial system. However, there have been long-standing debates about whether the Fed’s practices violate the U.S. Constitution and benefit a select group of bankers and their corporate clients. These issues are explored in-depth in the documentary “Fiat Empire: Why The Federal Reserve Violates The U.S. Constitution,” which sheds light on the Fed’s questionable practices and its impact on the U.S. economy.
The film opens with a quote from the U.S. Constitution that emphasizes the Congress’ power to regulate the value of money and fix the standard of weights and measures. This quote sets the tone for the documentary’s exploration of the Federal Reserve’s legitimacy and its role in the U.S. economy. Through interviews with experts such as Ron Paul, Dr. Edwin Vieira, and Dr. Theodore Baehr, viewers are presented with a compelling case for why the Fed is not only unconstitutional but also harmful to the country’s economic stability.
One of the main arguments made in the film is that the Federal Reserve is essentially a banking cartel that benefits a select group of insiders at the expense of ordinary Americans. The film argues that the Fed’s policies have contributed to the widening wealth gap in the U.S. by funneling money to the top 1% of the population. It also suggests that the Fed’s policies have led to inflation, which has eroded the value of the U.S. dollar and made it harder for people to save money.
The documentary also explores the relationship between the Federal Reserve, the government, and the media. It suggests that the corporate media is complicit in hiding the Fed’s questionable practices and downplaying its impact on the economy. The film argues that the media’s failure to report on these issues is due to the fact that many journalists are beholden to corporate interests and afraid of losing their jobs.
Another key argument made in the film is that the Federal Reserve’s policies have contributed to the country’s never-ending wars. The film suggests that the Fed’s monetary policies have allowed the government to finance these wars without raising taxes, which has contributed to the country’s ballooning national debt. This argument is supported by long-term studies that suggest that the Federal Reserve System encourages war and destabilizes the economy.
The documentary’s most compelling argument, however, is that the Federal Reserve violates the U.S. Constitution. The film argues that the Constitution gives the Congress the power to regulate the value of money, but the Federal Reserve has taken that power away from the Congress and given it to a select group of bankers. This violation of the Constitution, the film argues, has allowed the Federal Reserve to operate in secret and without accountability.
In conclusion, “Fiat Empire: Why The Federal Reserve Violates The U.S. Constitution” is a thought-provoking documentary that raises important questions about the Federal Reserve’s legitimacy and its impact on the U.S. economy. The film argues that the Fed’s practices violate the U.S. Constitution and benefit a select group of insiders at the expense of ordinary Americans. It also suggests that the corporate media is complicit in hiding the Fed’s questionable practices and that the Fed’s policies have contributed to the country’s never-ending wars. This film is a must-watch for anyone who wants to understand the true nature of the Federal Reserve and its impact on our economic system.