Friday, June 26, 2015

Ebeling On the Federal Reserve and Destructive Monetary Policy

Richard Ebeling emails:

Dear Bob,

I recently appeared on the Solidus Center podcast on the history, workings and policy consequences of the Federal Reserve System, America’s central bank.

I explain the connection between central banking and the boom and bust of the business cycle; what role the Federal Reserve played in generating the recent housing and investment bubbles that burst in 2008; how and why the Federal Reserve has followed another “expansionary” monetary policy over the last seven years; and what changes must be introduced to end these repeated episodes of monetary mischief and economic instability.

The interview, with host and Solidus Center founder, Seth Mason, runs for about 30 minutes.


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