How the Federal Reserve Fuels the Growth of the State
Presented at Jekyll Island, Georgia, in September 1986.
Presented at Jekyll Island, Georgia, in September 1986.
The repo crisis — and it is a crisis — is telling us that liquidity providers are aware that the price of money, the assets used as collateral and the borrowers’ ability to repay are all artificially manipulated.
Bob Murphy and Nicolas Cachanosky discuss Austrian Business Cycle Theory, the dispute over Fractional Reserve Banking, and how the Federal Reserve broke monetary policy.
Central banks pretend all these benefits come at no cost to anyone. Unfortunately, we all ultimately pay the price.
Professor Murray Sabrin joins Jeff Deist for a comprehensive look at central bank mythmaking.