Vid: Federal Reserve, Not Free Market, Caused Crisis says “Money for Nothing” Filmmaker Jim Bruce

“I view one of the big myths of the [2007-08 financial] crisis
as that it was purely the effect of free markets, that this is what
happens when you have free markets,” says Jim Bruce, filmmaker
behind the new documentary “Money for Nothing: Inside the Federal
Reserve.”

Bruce
predicted the meltdown, invested accordingly, and used the
money he made from the collapse to fund his movie, which features
interviews with economists who predicted the crisis, as well as
former and current Federal Reserve officials such as Paul Volcker
and future Fed Chair Janet Yellen.

Bruce sat down with Reason TV’s Zach Weissmueller to discuss the
film and his thoughts on current Fed policy, incoming Fed Chair
Janet Yellen, the legacy of alleged free marketeer Alan Greenspan,
and the future of the U.S. economy and monetary system.

Approximately 9 minutes. Shot by Tracy Oppenheimer, Alex
Manning, and Alexis Garcia. Edited by Zach Weissmueller.

Watch the video above, or click the link below for downloadable
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