https://youtu.be/iYZM58dulPE

Watch and summarize the video. At the minimum, your summary should include an introduction; operational functions of the Federal reserve; linkage between monetary system and economic performance (do you agree with the reporters comments on the monetary system); history of money, including the GOLD standard; President Lyndon Johnson's guns and butter concept and its effect on the economy, and any other thoughts that you find interesting from the video. Lastly, what does the report suggest as the solution to combating chronic inflation and the boom/bust of the business cycle?