"coal mining"
1 episodes tagged with this keyword
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Mark Koernke discussed alternative currency systems and local banking practices, contrasting pre-Federal Reserve America with modern monetary policy. He explained how states, companies, and regions issued their own currencies in the 1930s before centralized banking took over, and how local banks like those in Ann Arbor operated on sound principles tied to regional production. Koernke argued that the Federal Reserve's establishment in 1913 and the War Powers Act of 1933 enslaved Americans through debt-based currency and war declarations against the citizenry. He also covered North Korean leadership instability under Kim Jong-un, volcanic activity in Japan, and infrastructure decay in America, attributing these failures to banker manipulation and government corruption.