Monthly Archives: July 2011

Iranian TV exposes Federal Reserve scam: Fed creates money for interest, not jobs!

Here is an interview by Iranian Press TV with Michael Burns, an American economist.

While he doesn’t answer the questions particularly well, at least the gist of what he’s saying is

  • that money is created from nothing and sold for “interest”
  • that the Fed didn’t solve the ‘crisis’ in 2008
  • that the American people were lied to.