Bitcoin vs. The Federal Reserve with Chris Sullivan from Jekyll Island (WiM537)
The "What is Money?" Show
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The Federal Reserve and the Illusion of Wealth
This chapter explores the history of the Federal Reserve and its pivotal role in shaping the U.S. monetary system since 1913, highlighting the transition from a gold-backed currency to a fiat system. It critically examines the consequences of this shift on wealth distribution, inflation, and societal corruption, drawing alarming parallels between past economic crises and present conditions. The discussion emphasizes the urgency of public awareness regarding monetary mechanics and advocates for a movement toward sound money principles, such as Bitcoin, to combat systemic financial injustices.
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