3min chapter

The "What is Money?" Show cover image

"Money: Free and Unfree" with George Selgin (WiM209)

The "What is Money?" Show

CHAPTER

Is the Federal Reserve a Disaster?

Most people tend to believe that since the fed was implemented, that prices have become more predictable and output more stable. That's all those intuitions are all wrong. The macer economic performance of the country is just a disasterad it's a disaster compared to before the fed, and it's also a disaster compared afterwards. It's the period when everything stinks.

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