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The simple fact of the matter is that the government should have no role in the money system. Money should come from the free market and whatever money system people accept, without coercion, should be the money system.

The government should have no role in it for many reasons, not least of which is that governments always ruin or destroy everything. Try putting the government in charge of creating new music and within a few months you'll be begging for Justin Beiber to come back!

So, on this point, the video is half right. Unquestionably, the evil, corrupt, non-free market Federal Reserve should be immediately shut down. But transferring its powers to the Government will only likely make things worse. Shut it down, walk away, and watch as the free market rushes in to fill the public's need for money. Formats such as

In short, the video got most of the things that are wrong with the Federal Reserve right. But they got the part about what "should" replace the Federal Reserve wrong. When the day comes for the Federal Reserve to be shut down, or when it just plain collapses, don't look to your government for the solution. Politician's always have lots of solutions to sell you but you should never buy them.

Separate money from state and the world will be almost completely free of war and poverty. To echo John Lennon: Give the free markets, and peace, a chance.