In this episode, host Doug McKenty discusses the root causes of the housing bubble that precipitated the economic crisis of 2008 with documentary film director Jimmy Morrison. This conversation is perfect for those curious about how the Federal Reserve works and its impact on the daily lives of average citizens. Jimmy's documentary, "The Housing Bubble Movie" provides an easy-to-understand history of fractional reserve banking in the United States and its impact on our daily lives. It then describes how inherent issues within the system created the perfect storm for a large real estate bubble in the early 20th century. Find out more at www.letusdisagree.com.
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The Shift Episode 110: