Schiff isn't alone in his belief that the federal reserve was a bad idea. The Fed is unpopular enough to make anti-central banking videos like "Money as Debt"

Schiff isn't alone in his belief that the federal reserve was a bad idea. The Fed is unpopular enough to make anti-central banking videos like "Money as Debt" popular and well received. Woodrow Wilson (who signed the Federal Reserve Act of 1913) regarded it as one of his poorest decisions after the fact.