The Federal Reserve on Coast To Coast AM with George Noory, G. Edward Griffin

Playlist: http://www.youtube.com/view_play_list...

Aired: 12-09-09

Writer and documentary film producer G. Edward Griffin talked about the Federal Reserve and who controls money. The Federal Reserve is an "old con game" or Ponzi scheme that creates money out of thin air, he declared. It acts like a cartel, he continued, and though its actions can seem obscure, US citizens should be concerned about it because decisions made by the Reserve can affect the value of their savings and retirement funds.

A recent call spearheaded by Congressman Ron Paul to audit the Federal Reserve is a step in the right direction, as it calls attention to the system, said Griffin. Yet powerful forces could readily act to subvert an honest audit, and ultimately we need to get rid of the Federal Reserve rather than just audit it, he added. Griffin recommended people get out of debt, consider real estate if priced right, and invest 10-25% of their assets in gold and silver, as it holds value more than currency.