Dominant Social Theme: The Fed knows best.
Free-Market Analysis: This is a fairly shocking video in the sense that the gentleman being interviewed is a former Fed official. He calls for a free-market gold and silver standard along with competing currencies – just what we've been suggesting.
What is just as interesting is the focus on the Fed as a central bank.
Stossel points out that central planning has been discredited the world over, so why does the world have central planning for money?
This is a big issue and one that will not go away. After a century of central banking the world is in a bad state and getting worse not better.
Human beings demand at least surface logic when it comes to social structures. Brute force can be used as well to implement a particular sociopolitical paradigm but force is an uneasy way to rule.
The globalist strategy has been to offer justifications for centralizing structures like the central bank price-fixing.
But in the era of the Internet Reformation these justifications are increasingly threadbare.
This is, in fact, one of the most significant developments in modern human history.