Activity › Forums › Mises Forums › General › The Fed – Help me build a tool to educate people about the Fed
Tagged: Federal Reserve, sound money
| Author | Posts |
|---|---|
| Author | Posts |
| February 21, 2012 at 10:09 pm #695 | |
|
Nathan |
Hello, I’m looking to build a team to help me flesh out my vision for a tool to reach the masses, educating them about the Fed. I’ve got some specific ideas, but I know some collaboration would make it better, and definitely get it built and deployed faster. Anyone interested in helping brush fires of the mind grow more rapidly, please chime in. I’ll post more details of what I’ve got so far. |
| February 22, 2012 at 12:09 pm #698 | |
|
Clint Slagle |
Reaching “the masses” might be a somewhat daunting task. What do you have in mind? |
| February 22, 2012 at 1:37 pm #699 | |
|
James Rick |
Bring up the history of the Fed as much as you can. People will often think of the Fed as something that just is a part of modern government. People don’t like the robber-barrons and when you show that it was those interests which called the Fed into place, they’ll start to think again. I know you’re probably asking more about HOW we should spread the word, as I’m sure you can explain the ins and outs of the Fed to the layman. I’ve just had more luck with the history than the economics. |
| February 22, 2012 at 3:05 pm #700 | |
|
Nathan |
That’s good input. I think you’re right about the importance of using history. I’m thinking of the history of the times when society was successful at killing the central bank. People need to feel empowered. I think most apathy comes out of a feeling of hopelessness or helplessness. I’m writing up some ideas to post here shortly. |
| February 22, 2012 at 3:31 pm #701 | |
|
James Rick |
True. I look forward to your ideas. Power to the people! |
| February 22, 2012 at 3:56 pm #702 | |
|
Nathan |
Generally speaking, I’d say people are becoming more aware of what the Fed really is and what it does. But awareness is growing far too slowly. I want to do something about that. I’ve got some specific ideas, but I’ll need a team to help me build the tools we need. I’ll try to explain. Question #1: As I’ve been combing my neighborhood for Ron Paul, I’ve been talking with many, many people about topics like this one, and the older folk are definitely less aware than younger generations. Why is this? I think it’s because they use the internet less (if at all), and depend more (if not exclusively) on mass media. These people will never be reached by YouTube videos, chain emails and information-packed websites like Mises.org. And the mass media will never educate them about the Fed because it wants the Fed to live. So we’re gonna have to go around the mass media. What else do we know about these people? Many of them are retired and live on a fixed income…this is an open door for showing them the value of sound money. They are by far the most reliable when it comes to voting. They may not have/use internet, but most probably do have DVD players…this could be our tool for reaching them. More on this later. Question #2: I’ve educated many, many people about the Fed, but most remain apathetic. Why? I think they view it as something well outside their realm of influence. They have no reasonable strategy for killing the Fed, and see any effort they might make as futile. And if they don’t have a sound strategy, their assessment is correct. Any information presented needs to always start by answering the question of HOW the central bank has been killed in the past. Secondly, they need to be told exactly what they can do to help…and it needs to seem reasonable to them. People need to feel empowered. Question #3: What does it take to get people to take action? First, they need a practical, personal, emotional, anger-evoking understanding of the problem. Second, they need to feel empowered to take action in a way that’s feasible for them. The Strategy of Creating Mass Public Awareness We Need the Right Tool The video needs to be relatively short. It should employ humor (not my strong suit). It should use visual illustrations (rather than just talking heads). It should start by briefly explaining the history of times when the central bank was successfully killed, and how it was done (though mass public awareness and outrage). It should explain things in only the simplest terms, an introduction only, simple enough for a child to understand. (Anyone who wants to learn more can access any of the hundreds of excellent resources on this subject.) It should explain the economics only in the most simple and practical terms, showing how it affects people’s personal finances now, and how it will affect older generations who depend on a fixed income. It should highlight the strategy of creating mass public awareness via PERSONAL distribution of an easily duplicated tool. Such a tool must be designed with the goal of empowering new converts to create converts of their own. Below is a first draft of what I envision for the beginning of the script.
|
| February 22, 2012 at 4:01 pm #703 | |
|
Nathan |
I have this vision, but I don’t have a lot of time. I’m hoping someone can take the lead on this project. Also, we’ll need some talent in various specialties. It would be great if we could get excellent vocal talent for the narration/speaking. Obviously we’d need a good animator. I’ve got a friend from high school who’s an animator. I don’t know if she’d do it pro-bono, but we could see. Then we’d need someone skilled with video editing. And prior to putting all of it together, we need to flesh out the script. |
| February 22, 2012 at 4:05 pm #704 | |
|
James Rick |
Interesting idea. I’m not sure exactly how viral a DVD could go. I mean, I’m young and use youtube but not extensivly. I just don’t see mass circulation of a DVD working out so well unless you are passing them out at campaign events. But of course, don’t listen to my pessimism. Like you said its people thinking we can’t that limits our capacity to fight back. |
| February 22, 2012 at 4:06 pm #705 | |
|
James Rick |
Oh, and unfortunatly, I’m not skilled in any of those departments, sorry. I support you on the idea for sure though. |
| February 22, 2012 at 4:11 pm #706 | |
|
Nathan |
DVDs certainly won’t duplicate themselves. But I have run across many older people who surprisingly have what it takes to duplicate DVDs. I made a Ron Paul DVD to show older people many of the YouTube videos that sold me. Some of those people made copies and gave them to their friends. Also, many older people live in retirement communities and watch things like this together. One guy was able to show the DVD to a group of 50 of his peers. But we certainly would have to do exactly as you said, making many copies ourselves and handing them out. I don’t see that we have any other choice, since the mass media is against us. Even if some small percentage decides to make copies for their friends, maybe we could reach the older generation. As for the version that’s distributed by the internet, I think it’s only a matter of time until the internet gets censored. Until then, we could certainly make a viral internet video. |
| February 22, 2012 at 4:15 pm #707 | |
|
Nathan |
I think getting a project like this under way has to start with spreading the idea around. If you’ve got friends with these skills, or if you’re in a community like Mises.org, even if you don’t have the specific skill mentioned, you can still help push it forward. |
| February 22, 2012 at 4:33 pm #708 | |
|
hayekian |
I’ve thought about stuff like this as well…. What we need are viral ideas that can give us the most economic-bang-for-the-buck type of thing… And I too think that teaching the basics of monetary theory and role of FED, is the concept that can do the most to cure people’s ignorance and bring focus on the FED. Teaching about inflation is easy, right? if the price of everything goes up there must be extra money right? If there is an island with ten people and each person has $10 you can’t have things selling for $1000 cuz there is only 100 total in economy… who creates the money? The fed… So inflation is easy to teach, to understand, and quickly places the blame on the fed… Thinking along these lines I made the following 1 minute video a few years ago: it is not exactly 100% correct since the fed does not print money and give it to the government directly but for a one minute video I think it is pretty damn good… if the RP campaign or some pros could make a better version, i think this sort of video has great viral and educational potential |
| February 22, 2012 at 5:11 pm #709 | |
|
James Rick |
that is a very good point about the interenet being censored. When that happens and austerity measures kick in young people will be in the streets and the socialists will have the upper hand. |
| February 22, 2012 at 5:38 pm #710 | |
|
Nathan |
hayekian, your video is in the same vein as the idea I’ve put out there. You actually approached it from more of a macro level. That’s a lot, in terms of concepts, to fit into one 60-second video. We need to create an outline, and then story-board this thing. |
| February 22, 2012 at 5:39 pm #711 | |
|
Nathan |
hayekian, I like your video though. I don’t think it has to be exactly accurate in terms of how the Fed creates more money. |
You must be logged in to reply to this topic.