Part 13/19:
The Scripted Collapse: Cycle of Boom and Bust
Griffin criticizes the Federal Reserve’s management as a failed experiment in stabilizing the economy. Since its inception, the system has overseen numerous crashes, recessions, and depressions—1921, 1929, the Great Depression, and subsequent recessions. Instead of stabilizing, Griffin argues, the system ensures instability, boom and bust cycles, and regular financial crises.
The method is calculated: by controlling the money supply and interest rates, the system creates artificial booms—profits for banks—and inevitable busts that wipe out small investors and ordinary citizens, who are then forced to seek bankruptcy or hand over assets as collateral.