The Federal Reserve, Truth & Myth | Live From Lima | Yaron Brook Show
Channel: Yaron Brook
Date: 2023-04-02

00:00 Intro
00:48 Lima, Upcoming Talks
01:52 Upcoming Shows Schedule
03:22 'A creature from Jekyll Island' by Edward Griffin
06:25 The Creation of The Federal Reserve
08:17 1907 Financial Crisis, JP Morgan
14:04 Politicians wanted the central bank
16:40 1910 Meeting on Jekyll Island
18:45 Debates & Hearings in Congress
19:33 Book's Argument about Cartel
22:30 Truth
26:50 Mandate
28:45 The government dictates what it should do
31:00 Wars were desired by politicians
32:33 Disaster 
34:45 Not A Cartel
35:18 Fiat Money
45:03 Inflation
47:44 The Federal Reserve should be abolished
52:55 Do you have good recommendation for a book explaining the cause of the depression?
54:41 There is no way to protect from Fed
56:14 Investment in money markets
1:01:58 Precious Metals
1:04:03 Bonds or Inventory?
1:07:27 Shortcomings of the book
1:08:51 What choice one has

Live Questions:
1:14:47 “People like what I have to say. They believe in it. They just don’t like the word Nazi. That’s all.” —Stormfront (from the TV show “The Boys”)
1:15:40 What makes a good actor or actress and who do you think is the best Objectivist thespian?
1:18:21 Could there be a way to abolish the federal reserve while keeping the dollar? Not sure public will accept private banks making money due to distrust
1:21:19 Please figure out how to live forever, thanks!
1:21:43 Yaron - saw your clip on the Howard Schultz/Starbucks hearing - how would you summarize the moral/intellectual error (in some way accepting a code opposed to their own perhaps?) that businessmen like this make?
1:25:30 Love the show! But, it’s midnight and I need 💲leep
1:25:49 Did you learn Krav Maga whilst in the Israeli Army
1:26:04 If you were in a barfight and had to choose 3 people to be at your side who would they be?
1:26:32 Brad Meltzer did a show on History Ch. that Fort Knox possibly has No gold in it at all, or at least not a lot. If true, then what's backing our $$$$?
1:27:38 Is Crypto dead as an investment idea?
1:28:56 Scarcity commodities seem flat, and a far poorer investment than scalable assets, businesses, technology. Gold seems a fallback commodity; that's it.
1:30:13 Gold is like money under your mattress. It's more solid than paper money, but under your mattress (or sitting in your safe), it's dead weight.
1:30:24 Isn't gold essentially a commodity? For example, if mining companies found many tons of gold they could easily mine, wouldn't the price of gold fall?
1:31:45 My father, brother and sister are Doctors, yet they doubt & deny evolution. If you can't change one's mind after they turn 30, isn't all education indoctrination, depending who taught them young ?
1:33:00 I just think people panic and watch what the mob is doing when stock markets are going nuts, they should just stand with their principle and their investment...you never know what will happen.
1:33:21 Another $50 for calling you Mr. Instead of Dr. earlier-you earned it. I appreciate your show!
1:33:41 Thoughts on the movie Ben Hur?
1:34:18 How about a show devoted to the topic of of monetary economics ( "Yaron's Rules for Money"). so many professional economics believe in wrong ideas. What are the most dangerous ones and how to debunk?
1:35:59 We got freedom through reason but we didn’t challenge ethics in the 19th century, so people were altruistic on a personal level in that century? If not, why not if we never changed our ethics?
1:38:05 Sanders says it’s the intent and the will of the policy that matters. Not the outcome. We shouldn’t focus on the economics of it. Evil?

1:40:05 Outro

Show is Sponsored by Ayn Rand University https://university.aynrand.org/ as well as by https://www.expressvpn.com/yaron &  https://www.fountainheadcasts.com

Join this channel to get access to perks:
https://www.youtube.com/@YaronBrook/join

Like what you hear? Like, share, and subscribe to stay updated on new videos and help promote the Yaron Brook Show: https://bit.ly/3ztPxTx

Support the Show and become a sponsor: https://www.patreon.com/YaronBrookShow

Or make a one-time donation: https://bit.ly/2RZOyJJ

Continue the discussion by following Yaron on Twitter (https://bit.ly/3iMGl6z) and Facebook (https://bit.ly/3vvWDDC )

Want to learn more about Ayn Rand and Objectivism? Visit the Ayn Rand Institute: https://bit.ly/35qoEC3

#federalreserve #jekyllisland #Money #freebanking #capitalism  #capitalism  ​#Objectivism #AynRand #politics