THE RADIO BLOG
Why was the Fed created? How was it created? And why does it play such a large role in our economy? You may have asked these questions but have you ever got a real straight-forward answer? Well, this week, Jim Bruce, writer and director of the documentary Money For Nothing: Inside The Federal Reserve, unveils it all.
Jim starts the interview by taking us back to how he got started in the financial industry and made it his career. Aaron asks Jim to break down the real purpose of the Fed. His extensive research and background knowledge will provide you with one of the best answers you can find anywhere! You will learn the real distinction between what they are supposed to do and what they are in fact doing. Plus, find out why Jim predicts a possible full bear market moving forward. - Interviewed by Aaron Brabham
Money For Nothing: Inside The Federal Reserve is Jim Bruce’s directorial debut. Jim was Editor/Writer/Co-Producer of Sierra Leone’s Refugee All Stars (winner of Best Documentary at the 2005 AFI Fest and finalist for the 2006 International Documentary Association’s Feature Film of the Year).
Jim worked as an editor on the acclaimed documentaries The King of Kong: A Fistful of Quarters and Dambe: The Mali Project (nominated for Best Feature Documentary at the 2009 Irish Academy Awards), and as an assistant editor on X-Men: The Last Stand, The Incredible Hulk, Insomnia and Kinsey. He holds a degree in film from Middlebury College, where he taught as a Visiting Professor in 2007.
Jim has been a student of financial markets for over a decade, and began writing a financial newsletter in 2006 warning friends and family of the oncoming crisis. His short trades on financial stocks in 2007 and 2008 helped fund a significant portion of MONEY FOR NOTHING’s budget.