I read and hear a lot about how bad the Federal Reserve is for America. The cries for “Audit the Fed” continue to grow louder. Inherently I understand that government intervention always causes market distortions but trying to explain how the Federal Reserve detrimentally impacts the economy at a level that the average person can understand has proved daunting. But I am going to give it a shot in this episode and the next one.
In this episode I am going to introduce you to the Federal Reserve – explain what it is, why and how it was created and explain how it creates money.
Episode #28 will be spent looking at the Fed's record over the 100+ years of its existence and argue why it should be abolished.
Show Notes:
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Ep. 74 - The Truth About November 2019
Ep. 73 - The Truth About Trump Derangement Syndrome
Ep. 72 - The Truth About Edward Snowden
Ep. 71 - The Truth About the California Wildfires
Ep. 70 - The Truth About October 2019
Ep. 69 - The Truth About White Privilege
Ep. 68 - The Truth About Impeachment
Ep. 67 - The Truth About Negative Interest Rates
Ep. 66 - The Truth About September 2019
Ep. 65 - The Truth About Walmart
Ep. 64 - The Truth About the Federal Income Tax and the Sixteenth Amendment
Ep. 63 - The Truth About a Wealth Tax
Ep. 62 - The Truth About Gold and Sound Money
Ep. 61 - The Truth About the Chinese Social Credit Score System
Ep. 60 - The Truth About Do Something - Red Flag Laws
Ep. 59 - The Truth About What We Agree On
Ep. 58 - The Truth About Mass Shootings
Ep. 57 - The Truth About Free Stuff
Ep. 56 - The Truth About Libra - Facebook's Cryptocurrency
Ep. 55 - The Truth About Freedom From Religion
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