In this no-nonsense briefing, Clifford Ribner lays out why the Federal Reserve is not merely bad policy — it is unconstitutional, destructive, and the central engine of monetary debasement in America.

Clifford explains how Article I, Section 8 authorizes Congress only “to coin Money,” how Article I, Section 10 forbids legal tender schemes beyond gold and silver, and why a paper-money monopoly run by an “independent” agency violates the very design of a republic. He traces the real-world damage: how central-bank credit manipulation wrecks markets, fuels inflation, and makes Americans poorer.

This isn’t theory. Clifford connects the dots from the Fed’s 1913 creation to the Great Depression credit squeeze, to Nixon closing the gold window, to today’s regulatory pressure campaigns that steer credit and punish disfavored industries — all while the dollar buys less and less.

What you will see in this video

– The constitutional case: why “to coin Money” is not a license to print fiat currency or run a paper-money monopoly
– How Article I, Section 10 and the Founders’ hard-money framework were designed to prevent exactly what the Fed became
– The Fed’s role in the Great Depression: credit tightening, bank failures, and the cascade into catastrophe — with Milton Friedman & Anna Schwartz’s work as the decisive rebuttal to the progressive narrative
– What America looked like before 1913: gold-redeemable bank notes, no chronic inflation, and explosive 19th-century growth
– How the gold window’s closure supercharged price inflation and quietly confiscated savings
– Why “independent agencies” contradict a republican form of government and the unitary executive — and how that shields the Fed from accountability
– The modern playbook: regulatory leverage to cut off credit (including climate-policy pressures) and to micromanage banks far beyond any constitutional warrant
– The hidden tax of fiat money: a dollar worth a fraction of its 1913 value — and what that loss means for wages, homes, and retirement
– Why sound money is the foundation of prosperity, innovation, and freedom — and why debasement empowers government at your expense

Why this matters to you

This debate decides:
• How far your paycheck goes — and why prices keep climbing
• Whether your bank can lend on business merit, not political directives
• If entrepreneurs can finance new products without years of bureaucratic permission
• Whether America regains 19th-century-style growth — or keeps drifting on a sea of inflation and stagnation

Clifford’s message is clear: a free people need honest money and accountable government. The Fed delivers neither.

⸻

Watch, share, and subscribe

Watch the full video and judge the evidence for yourself.
Share it with anyone who cares about liberty, prosperity, and the Constitution.

👉 Subscribe on YouTube and Rumble for more constitutional analysis.
👉 Check out Clifford’s book: Freedom’s Last Stand.