The Federal Reserve, Fractional Reserve Banking, and How Inflation Steals Your Savings | Crossroads

Joshua Philipp

Joshua Philipp is senior investigative reporter and host of “Crossroads” at The Epoch Times. As an award-winning journalist and documentary filmmaker, his works include “The Real Story of January 6” (2022), “The Final War: The 100 Year Plot to Defeat America” (2022), and “Tracking Down the Origin of Wuhan Coronavirus” (2020).

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December 20, 2019Updated: December 20, 2019

biggersmaller

In this episode of Crossroads we speak with Valentin Schmid, business editor at The Epoch Times, about the Federal Reserve and the issues it brought into the U.S. financial system.

We explain boom-bust cycles, fiat currency, fractional reserve banking, the “gold standard,” debt slavery, and how inflation functions as a hidden tax.