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In this video, Mark discusses the concept of free banking and free money as alternatives to government control over money. He explains that from 1836 to 1863, the US had a free banking system after the expiration of the second bank's Charter, followed by a quasi free banking system until 1913. Mark asserts that during this period, known as the Gilded Age, the world functioned without the Federal Reserve, showing that government monopolistic control is not a necessity. Other countries, such as Canada and Scotland, have also experienced success with free banking systems.