Ep. 2689 Peace in Ukraine and Madness at the Fed? with David Stockman
The Tom Woods Show
00:00
The Evolution of the Federal Reserve
This chapter explores the historical development of the Federal Reserve from its inception in 1913, focusing on its initial aim of providing bank liquidity without economic intervention. It highlights pivotal moments and leadership changes that shaped the Fed’s role in monetary policy, contrasting earlier beliefs in limited intervention with later aggressive strategies.
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