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Chris Martenson's Crash Course

chrismartenson.com

1 recommender · 1 thread · recommended in 1 year, 2011 · score 0.7

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Chris Martenson's Crash Course is a free online series explaining economics, finance, and the workings of the Federal Reserve and banking system, with a focus on systemic risk and debt.

One commenter recommends it for its clear explanation of the economics behind the Fed, noting that Martenson, a former biological scientist, describes it well.

Business, Finance & Economicsbeginnerfreevideo lectures#economics#federal reserve#banking#inflation#martenson

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What commenters said (1)

  1. Recommendsmarkklarich2011in “41,000,006 reasons why I think we're in a bubble”

    It might help to take Chris Martneson's Crash Course (www.chrismartenson.com) where he makes it clear that inflation is necessary under the present Federal Reserve system. Although Chris was a biological scientist before being an internet content provider, he has a pretty good way of describing the economics behind the Fed. It doesn't take a conspiracy theory to address the fairly human activities of the superbanks. Activities that vastly increase their power and in no noticeable way improve our lives. They don't have to conspire. In fact, they are often vicious competitors. Anybody tried to get a home mortgage lately? Hard to get, now. And why? The banks get free (as in no interest) loans from Treasury which the Fed will pay interest on. So they loan it back to the Fed to get paid interest. Why take the much higher risk of loaning us money to buy or refinance a home?

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