Whether you agree with Ron Paul or think he is crazy I suggest you watch the following video. The video is over a half an hour long, but the exchange between Paul and Steve Forbes is really interesting. I am by no means an expert on the Fed and our nation's monetary policy, but this video does a great job of using history to explain how our nation has reached it's current state and why we are experiencing more financial turbulence than ever. I, or anyone for that matter, cannot prove that Paul's line of reasoning is absolute fact but it surely does a good job of providing a crash course on the history behind the Fed, its sheltered operations, and the connection to our recent crises.
Check out the full video HERE.