Modern Money Mechanics Videos by Tom Schauf CPA
This was an interesting watch, I have read through the manual he mentions that shows the reader how we “create” money in our economy. Here is a link to the manual “Modern Money Mechanics“, by the Federal Reserve Bank of Chicago. It is quite peculiar that we create our curreny through the “Fractional Reserve Banking” along with “Central Banking“. This is a very interesting subject that I will be exploring in more detail when I launch a new forum for this type of discussion.
Update (07/08/09): After noticing that this video on how money is brought into existence was so popular and out of no where the user pulled the video I took some time and found another hosted version of the video condensed into 70mins. Enjoy!
Popularity: 3%
Why did you take you video down on Money Mechanics ???
It looks like the user pulled the video, too bad. Coming from a CPA this video told the truth and had some weight. Too bad, I’ll see if I can find it somewhere else.
Update: Another version has been found and it is now live. Hope you enjoy.
Really enjoyed this video, would like to have a version that hasn’t been truncated. Also, I can’t find this guy anywhere else and would really like to know where I can see/acquire more of his material. Please help if you can.