Understanding the Federal Reserve and Economic Policies

Understanding the Federal Reserve and Economic Policies

Assessment

Interactive Video

Social Studies, Business, History

10th Grade - University

Hard

Created by

Sophia Harris

FREE Resource

G. Edward Griffin discusses the Federal Reserve's role as a banking cartel, its impact on the U.S. economy, and the illusion of political control. He critiques the Federal Reserve's policies, the debt ceiling debate, and government spending, arguing that these serve the interests of banks rather than stabilizing the economy. Griffin emphasizes the need for public awareness and action to reclaim control from global elites, suggesting involvement in organizations like Freedom Force International.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary function of the Federal Reserve according to G. Edward Griffin?

To stabilize the economy

To promote the interests of banks

To regulate inflation

To control unemployment

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does G. Edward Griffin refer to the Federal Reserve as a banking cartel?

Because it is a government agency

Because it serves the interests of its member banks

Because it controls the stock market

Because it operates like a monopoly

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Griffin's view on the Federal Reserve's success in stabilizing the economy?

It has no impact on the economy

It has partially succeeded

It has failed to stabilize the economy

It has been highly successful

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Griffin, what is the real purpose of the Federal Reserve?

To stabilize the economy

To benefit the banks

To control inflation

To reduce unemployment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Griffin suggest about the debt ceiling?

It prevents government overspending

It is an effective limit on spending

It is a permanent solution to debt

It is a temporary and arbitrary number

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Griffin describe the role of credit rating agencies in relation to the U.S. government?

They have been accurate for decades

They discredit themselves with delayed actions

They are highly reliable

They are controlled by the government

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Griffin believe about the influence of globalists on political systems?

They only influence foreign policy

They control both major political parties

They have little influence

They are losing power

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