0
0
Podcast

145 - Is The Fed Corrupt? with Christopher Leonard

How is money created? Why? Whose job is it? We often discuss the Federal Reserve, and in this episode, we’re doing a deep dive into what the Fed is—its origins, its purpose, and ultimately, its concerning behavior.
0
0
Nov 21, 2022 • 1 min read

What do we do about this institution? Something has to change, but what is the path forward?

Joining us to answer these questions is Christopher Leonard, investigative journalist and author of The Lords of Easy Money.

TIMESTAMPS

0:00 Intro

5:30 Should We Be Worried?

8:35 This is Insane

15:30 Origins of the Fed

23:50 A Young Fed

30:40 From Gold to Fiat

35:50 A Tool of the State

43:25 Incentives and Structure

47:25 Against Ben Bernanke

55:20 Institutional Pressure

59:30 Jay Powell

1:05:20 Banking Pressure

1:12:30 Political Actors

1:16:30 The Terminal Point

1:20:40 What Comes Next?

1:24:00 What to do about the Fed

1:29:15 The Legacy of the Fed

RESOURCES

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.

Are you sure you want
to log out?
You'll lose access to your Bankless account until you log back in again. Oh and also, we'll miss you too much! 😢
Cancel
Continue
Account Light mode Log Out