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	<title>University of Common Sense &#187; Money and Banking</title>
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		<title>Costs of Inflation &#124; Dr. Steve Horwitz</title>
		<link>http://universityofcommonsense.org/videos/costs-of-inflation-dr-steve-horwitz/</link>
		<comments>http://universityofcommonsense.org/videos/costs-of-inflation-dr-steve-horwitz/#comments</comments>
		<pubDate>Tue, 21 Feb 2012 18:47:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=1969</guid>
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		<title>Fiat Money</title>
		<link>http://universityofcommonsense.org/videos/fiat-money/</link>
		<comments>http://universityofcommonsense.org/videos/fiat-money/#comments</comments>
		<pubDate>Sun, 04 Dec 2011 13:12:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=1743</guid>
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		<item>
		<title>Thomas Sowell &#8211; The Blame Game</title>
		<link>http://universityofcommonsense.org/videos/thomas-sowell-the-blame-game/</link>
		<comments>http://universityofcommonsense.org/videos/thomas-sowell-the-blame-game/#comments</comments>
		<pubDate>Wed, 12 Jan 2011 19:44:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>
		<category><![CDATA[free markets]]></category>
		<category><![CDATA[thomas sowell]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=1250</guid>
		<description><![CDATA[]]></description>
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		</item>
		<item>
		<title>The American Dream</title>
		<link>http://universityofcommonsense.org/videos/the-american-dream/</link>
		<comments>http://universityofcommonsense.org/videos/the-american-dream/#comments</comments>
		<pubDate>Tue, 11 Jan 2011 17:45:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=1244</guid>
		<description><![CDATA[]]></description>
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		</item>
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		<title>Overdose: The Next Financial Crisis</title>
		<link>http://universityofcommonsense.org/videos/overdose-the-next-financial-crisis/</link>
		<comments>http://universityofcommonsense.org/videos/overdose-the-next-financial-crisis/#comments</comments>
		<pubDate>Thu, 02 Sep 2010 18:15:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=913</guid>
		<description><![CDATA[Why doesn&#8217;t Stimulus work? The best way to explain it is the Broken Window Fallacy.]]></description>
			<content:encoded><![CDATA[<p>Why doesn&#8217;t Stimulus work? The best way to explain it is the <a href="http://universityofcommonsense.org/videos/the-broken-window-fallacy/">Broken Window Fallacy</a>. </p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="560" height="340" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/4ECi6WJpbzE?fs=1&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed type="application/x-shockwave-flash" width="560" height="340" src="http://www.youtube.com/v/4ECi6WJpbzE?fs=1&amp;hl=en_US" allowscriptaccess="always" allowfullscreen="true"></embed></object></p>
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		</item>
		<item>
		<title>Meltup &#8211; US Currency Crisis</title>
		<link>http://universityofcommonsense.org/videos/meltup-us-currency-crisis/</link>
		<comments>http://universityofcommonsense.org/videos/meltup-us-currency-crisis/#comments</comments>
		<pubDate>Thu, 26 Aug 2010 15:28:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=850</guid>
		<description><![CDATA[]]></description>
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		<item>
		<title>Gold Standard</title>
		<link>http://universityofcommonsense.org/videos/gold-standard/</link>
		<comments>http://universityofcommonsense.org/videos/gold-standard/#comments</comments>
		<pubDate>Thu, 21 Jan 2010 19:38:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[gold standard]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=187</guid>
		<description><![CDATA[&#8220;In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. &#8230; This is the shabby secret of the welfare statists&#8217; tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a [...]]]></description>
			<content:encoded><![CDATA[<blockquote><p><em>&#8220;In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. &#8230; This is the shabby secret of the welfare statists&#8217; tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists&#8217; antagonism toward the gold standard.&#8221;<br />
</em><strong>— Alan Greenspan</strong></p></blockquote>
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		<title>US Federal Reserve</title>
		<link>http://universityofcommonsense.org/videos/us-federal-reserve/</link>
		<comments>http://universityofcommonsense.org/videos/us-federal-reserve/#comments</comments>
		<pubDate>Thu, 21 Jan 2010 19:36:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[federal reserve]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=183</guid>
		<description><![CDATA[&#8220;Give me control of a nation&#8217;s money and I care not who makes it&#8217;s laws&#8221; &#8212; Mayer Amschel Bauer Rothschild &#8220;The regional Federal Reserve banks are not government agencies. &#8230;but are independent, privately owned and locally controlled corporations.&#8221; &#8211; Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982 The quote above by Meyer [...]]]></description>
			<content:encoded><![CDATA[<blockquote><p><em>&#8220;Give me control of a nation&#8217;s money and I care not who makes it&#8217;s laws&#8221;</em><br />
<strong> &#8212; Mayer Amschel Bauer Rothschild </strong></p></blockquote>
<blockquote><p><em>&#8220;The regional Federal Reserve banks are not government agencies. &#8230;but are independent, privately owned and locally controlled corporations.&#8221;<br />
&#8211;</em><strong> Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982</strong></p></blockquote>
<p>The quote above by Meyer Rothschild is chilling, given the role that the Rothschild&#8217;s played in the creation of the Federal Reserve Bank.</p>
<p>What is the Federal Reserve? What is its function? Where did it come from? These questions along with others are answered in the documentary &#8220;Fiat Empire&#8221;. The answers will undoubtedly surprise you.</p>
<p>This awarding winning documentary gives a summary of why many feel the US Federal Reserve system and practices are a violation of the U.S. Constitution. This film discusses everything from the initial meeting on Jekyll Island and its history, to the impacts it has had on our otherwise free market economic system.</p>
<p>This video is 58 minutes in length, but condenses an entire book on the subject into a very accessible film.</p>
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		<item>
		<title>Money, Banking and the Federal Reserve</title>
		<link>http://universityofcommonsense.org/videos/money-banking-federal-reserve/</link>
		<comments>http://universityofcommonsense.org/videos/money-banking-federal-reserve/#comments</comments>
		<pubDate>Thu, 21 Jan 2010 19:22:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=173</guid>
		<description><![CDATA[This video is a great introduction to our banking and monetary system.]]></description>
			<content:encoded><![CDATA[<blockquote><p><em>&#8220;The regional Federal Reserve banks are not government agencies. &#8230;but are independent, privately owned and locally controlled corporations.&#8221;<br />
</em><strong>— </strong><strong>Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982</strong></p></blockquote>
<blockquote><p>“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale”<br />
<strong>— Thomas Jefferson</strong></p></blockquote>
<blockquote><p>“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”<br />
<strong>—Henry Ford</strong></p></blockquote>
<p>This video is a great introduction to our banking and monetary system. It is a fairly comprehensive overview of the history of money, US currency and the Federal Reserve. Learn why our current banking and monetary system is actually a major source of instability in our economic system.</p>
<p>If you would like to get started on this subject with a shorter video, we recommend the <a href="http://universityofcommonsense.org/videos/history-of-money/">history of money video</a>.</p>
<p><iframe width="420" height="315" src="http://www.youtube.com/embed/iYZM58dulPE" frameborder="0" allowfullscreen></iframe></p>
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		<item>
		<title>History of Money</title>
		<link>http://universityofcommonsense.org/videos/history-of-money/</link>
		<comments>http://universityofcommonsense.org/videos/history-of-money/#comments</comments>
		<pubDate>Thu, 21 Jan 2010 04:35:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Money and Banking]]></category>
		<category><![CDATA[Videos]]></category>
		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://universityofcommonsense.org/?p=72</guid>
		<description><![CDATA[&#8220;Experience, however, shows that neither a state nor a bank ever have had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers [...]]]></description>
			<content:encoded><![CDATA[<blockquote><p><em>&#8220;Experience, however, shows that neither a state nor a bank ever have had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.&#8221;<br />
</em><strong>— David Ricardo</strong></p></blockquote>
<blockquote><p><em>&#8220;The Congress shall have Power&#8230;To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.&#8221;</em><br />
<strong>— US Constitution Article I, Section 8, Clause 5</strong></p></blockquote>
<blockquote><p><em>&#8220;No State shall&#8230;coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debt.&#8221;</em><br />
<strong>— US Constitution Article I, Section 10, Clause 1</strong></p></blockquote>
<p>This video gives a very good historical summary of US currency and its slow mutation from a Constitutional form of money which is gold or silver; to a fiat currency system which is simply paper and not backed by anything of real value.</p>
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<p style="text-align: center;"><strong><br />
</strong></p>
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