summarize the video onMoney, Banking and the Federal Reserve.At the minimum, your summary should include: introduction; operational functions of the Federal reserve; linkage between monetary system system and economic performance (do you agree with the reporters comments on 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/burst of the business cycle?"The Monster" was comprehended by Thomas Jefferson and Andrew Jackson. However, for most Americans today, the "Federal Reserve" is only a name on a dollarbill. They have no concept what the Fed does to the economy or their personal economic life; how and why it was formed and works; or the sound money and banking that might eliminate the Fed's statism, inflation, and business cycles.Dedicated to Murray N. Rothbard, with Ron Paul, Joseph Salerno, Hans Hoppe, and Lew Rockwell, and rooted in American history and Austrian economics. This astonishing video provides the clearest, most persuasive description of the Fed ever presented, and why limiting it should be our top concern