The Dollar and the FED; Financial Crisis
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“The dollar is the most remarkable achievement in the history of money. This piece of paper costs nothing to produce and there is nothing behind it, its value solely based on trust.”
This is the opening statement of the documentary ‘Money for Nothing‘ by director Jim Bruce. The documentary gives a shocking insight in the world of financial markets and describes the pivotal role the Federal Reserve Bank has played in several catastrophic economic events in the past century. Experts and people involved reflect on the measures the FED took during these crises and their economical and social implications.
