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Monday, December 18, 2006

Fiat Empire - A Closer Look at the Federal Reserve



This important documentary, is inspired by the well-known book, The Creature From Jekyl Island by G. Edward Griffin.

<> Produced by William L. Van Alen, Jr., the feature-length documentary is a co-production between Matrixx Productions and Cornerstone Entertainment and features interviews by, not only G. Edward Griffin, but Congressman Ron Paul (R-Texas) and MOVIEGUIDE Founder, Ted Baehr. The film is written and directed by James Jaeger, with narration by Kris Chandler. Associate producers are Ted Pollard, author and former Commissioner of Radnor Twonship and James E. Ewart, well-known author of MONEY.

This is an early promo version of FIAT EMPIRE. ------- Link to source: http://www.mecfilms.com/update.htm

One of the key quotes from this documentary:

“Inflation I think is bad word because really we think of inflation as rising prices, but in reality what’s happening…prices are not going up, it’s that the value of the dollar, or the monetary unit, is going down. That’s what is really happening if we understand the process. And it’s a tax therefore. Our lost purchasing power….what we have to pay more for a bag of groceries today than we did five years ago comes out of our pocket…comes out of our earning capacity. That is value which we should have, but it’s been taken from us through a process that we call inflation, but in reality it’s a hidden tax. Inflation is the result of being able to create money out of nothing and that is the power we have given to the The Federal Reserve System. Therefore we can say that the Federal Reserve System is the agency of a hidden tax called inflation.” G. Edward Griffin, author “The Creature From Jekyll Island“ and founder of "Freedom Force International."

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