PickVidsThe IOU Machine: How Currency Is Created | Hidden Secrets of Money Ep. 4
Why it was recommended
This is the best explanation I've ever seen of how the Fed and US Dollar money printing actually works
Strong recommendationmrnobody_67 · Original
What it covers
Episode 4 of Mike Maloney's Hidden Secrets of Money, explaining how currency is created through a chain of IOUs among the Treasury, banks and the Federal Reserve. It covers bonds, Fed checks. It is for someone meeting the subject for the first time.
Video details
- Channel
- GoldSilver
- Length
- 29 min 35 sec
- Year
- 2013
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