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The Fed Is a Purely Political Institution, and It's Definitely Not a Bank.

Audio Mises Wire

Tags The FedMoney and BanksU.S. EconomyU.S. History

01/28/2023Ryan McMaken

The Federal Reserve is no more "private" than the Environmental Protection Agency, and through its special government status, the Fed inflicts many economic crimes on regular people. 

Original Article: "The Fed Is a Purely Political Institution, and It's Definitely Not a Bank."

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Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

Original Article: 
The Fed Is a Purely Political Institution, and It's Definitely Not a Bank.