The Truth About Central Banking and Business Cycles
Channel: Foundation for Economic Education
Date: 2013-10-15

Support Out of Frame on Patreon: https://www.patreon.com/OutofFrameShow

Watch our newest video, "How Can You POSSIBLY Not Be Red-Pilled By Now??": https://youtu.be/7QZQ8FlTbb4

Check out our podcast, Out of Frame: Behind the Scenes: https://www.youtube.com/channel/UCiS5rEmhnLwo1IG9bgr19Og

Just because we've had a system of central banking for 100 years doesn't mean we ought to. In fact, it's starting to look like central banks do more harm than good. From obscuring the true cost of credit to causing confusion about good investments, central bankers end up papering over economic problems. And when they send the wrong messages to savers and consumers trying to coordinate their plans, boom and bust cycles lengthen and worsen. 

Learn more about the problems central banking causes at http://www.FEE.org/centralbanking.

Scripted, animated, and produced by Steve Patterson. Extremely special thanks to Julia Patterson.

You can now watch this video with Portuguese subtitles thanks to Portal Libertarianismo. Click here to watch with Portuguese subtitles: https://www.youtube.com/watch?v=M943aTh4kas