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Ron Paul on Federal Reserve, banking and economy

Excepts of Congressman Ron Paul (R-TX) from the documentary "FIAT EMPIRE - Why the Federal Reserve Violates the U.S. Constitution." Dr. Paul discusses the origins, operations and results of the Federal Reserve System and fiat currency on the U.S. and global economy.

The entire film, Fiat Empire, can be accessed at or directly at Google Video at

"This Telly Award-winning documentary on the Federal Reserve System was inspired by the well-known book, "The Creature From Jekyll Island" by G. Edward Griffin, and features presidential candidate, RON PAUL.

To order a high-quality DVD or VHS tape (by mail) with up to 160-minutes of additional interviews, go to To get instant downloads in a range of qualities, go to and select from the "Documentaries" menu.

Find out why some feel the Federal Reserve System is a "bunch of organized crooks" and others feel its practices "are in violation of the U.S. Constitution." Discover why experts agree the Fed is a banking cartel that benefits mainly bankers, their clients in need of easy money and a Congress that would rather increase the National Debt than raise taxes.

Produced by William L. Van Alen, Jr., the 1-hour 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); MOVIEGUIDE Founder, Ted Baehr; and constitutional attorney, Edwin Vieira (4 degrees from Harvard). FIAT EMPIRE was written and directed by James Jaeger and narrated by Kris Chandler. Associate producers are Ted Pollard, author and former Commissioner of Radnor Township and James E. Ewart, well-known author of MONEY.

Use a DVD for personal screenings and a VHS tape for free public and private screenings.

For more information on FIAT EMPIRE visit or the mirror site at For various political, economic, sociological, media-related and philosophical essays by James Jaeger and others, visit UNIVERSAL ISSUES at

For new films and updates on Matrixx Entertainment's activities, visit
Length: 00:09:02

Video Comments:
chris2fer43 (November 21, 2008 at 1:06 pm)
The Game is over now,the derivative market is raping the big money guys. Which is why the banks are hoarding the cash its over!
jives004 (November 21, 2008 at 11:37 am)
You guys don't realize that if your economy is only as good as its consumers, then the consumer always wins. If we were on a system backed by gold which I might add is what backs every currency in the WORLD!!!! You guys call him a moron yet look at our economy now? You talk about our economic boom? Look at our downfall, watch us going down, people are losing jobs everywhere yet you call him a moron, well obviously your system isn't working its just a temporary fix to major problem. Argue that.
7cycles (November 21, 2008 at 10:30 am)
Not only are you a bigot, but you don't understand the affect of discressionary money inflation. Economic expansion based on an inflated money supply is only a temporary boom, which as history shows time after time, is followed w/ a bust. Fixed money supply doesn't limit investing, but limits inflation. And for cornering the gold market, read about Jim Fisk & Jay Gould in the 1860s: it didn't work then and won't work now. You fuckin moron.
JoeTube27 (November 21, 2008 at 8:28 am)
This so called flexibility has gotten us in a deeper hole. Gold standard means governments have to live with in their means too. Fiat is just JUNK
rahul2col (November 21, 2008 at 8:14 am)
Paul also fails to explain how we could have experienced the growth which we experienced since 1971 without the flexibility to increase the money supply a paper money system offers. Had we been on his gold system, our economy would have stagnated and then dived into a deep and unfathomable depression due to the lack of money for credit and growth. In addition the Jews would have had the means to bury us at any time by merely holding gold and cutting off our money supply and credit.
Erika445566 (November 20, 2008 at 12:19 pm)
NATIONWIDE PROTESTS NOVEMBER 22!!

End the Fed!!

Boston Philadelphia NewYorkCity Washington,D.C. Buffalo Cleveland Cincinnati
Pittsburgh Richmond Baltimore Charlotte Atlanta Birmingham Jacksonville Miami
Nashville NewOrleans Chicago Detroit St.Louis LittleRock Louisville Memphis
Minneapolis Helena KansasCity Denver Oklahoma City Omaha Dallas ElPaso Houston
San Antonio San Francisco Los Angeles Phoenix Portland SaltLakeCity Seattle
r3dredwine (November 20, 2008 at 7:01 am)
Just type "JBS end fed contact congress" into google and click the top link, Send a pre wrtten letter to congress about abolishing the Federal Reserve!

Send To Congress Share With Everyone
airrunweskerII (November 20, 2008 at 6:47 am)
End the FED, are you mad?
Are you saying that you want political administrations, such as, the Bush administration to have full regulating over our economy?

Think hard about it!
JoeTube27 (November 18, 2008 at 2:55 pm)
Also end the Fed so the MOney that is put in the economy is debt free money. Also no income tax, so the people have more power to purchase and save, then if they want to lend, they can and at the same time possibly make a ROI. Hope people like the idea. Legal junk would also be attached if payment could not be repaid, but the person lending would be insured up to X amount of dollars.
JoeTube27 (November 18, 2008 at 2:51 pm)
Full reserve banking could work. By letting the people who save lend their savings to someone who wants to start a business,or buy a car. Then when the maturity date comes the borrower returns the money with accrued interest to the lender. Then the banks take a small % and the rest goes back to the person who lent the money. So the people make ROI, and so do banks, then the banks and individuals can compete for the next investors. So the people and banks compete keeping things more fair.
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