I haven't watched the video yet, but here's Ron Paul's website with all the video link's
http://www.ronpaul2012.com/media/
I can't find the video.
The Federal Reserve is a 'conspiracy theory'?
I thought it was a created by the the Federal Reserve Act in 1913, plus empowered with a series of legislation over the last century, including the recent Dodd–Frank Wall Street Reform and Consumer Protection Act.
Or are you discussing the meeting on Jekyll Island in 1910?
If so here is a link from the Atlanta Fed with their version of this history
http://www.frbatlanta.org/news/multimedia/10jekyll_history_vid.cfm
Here is a link from the Atlanta Fed where they held a conference to celebrate the 100th Anniversary of the Jekyll Island event.
http://www.frbatlanta.org/news/conferences/10jekyll_index.cfm
What part is 'theory'?
By the way, can anyone show me a Constitutional Amendment that changes the authority exclusively granted to Congress to regulate commerce & currency by transferring power vested by the People to Congress to an unelected entity? Nope? Didn't think so.
So what has 98 years of a central banking monopoly, (plank 5 straight out of the Communist Manifest) given our nation other than exponential debt and a boom & bust cycle of great depression & great recessions? Even the current head of the Fed admits this
http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021108/default.htm
"Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again. " - Ben Bernanke Nov, 2002.
Sorry Ben, it looks like you folks did "do it again".
To understand the flaw of the centralized fractional reserve banking monopoly is just the understanding of basic math. The power of exponent - be it exponential money creation and compounding interest & how it creates a debt paradox that is unpayable. Just look here on
http://www.usdebtclock.org/ on line 7, money creation, to get a glimpse of the magnitude. A few trillion in actual currency expanded to over 3/4 of a quadrillion of debt derivative. With interest due. It's a 'legal' ponzi scheme on an unfathomable scale. Just from a perspective of basic math, it's indefensible. Like all ponzi schemes it is unsustainable. The question is not 'if' it will crash, but 'when'.
This is why God warns in the Bible about usury on money. It's basic math. Mathmatically it enslaves through debt bonds. Which is the root word for bondage. It's why they get the bailout & you get the bill.