Thoughtful Money with Adam Taggart cover image

The Fed Has Ruined The Free Market | Thomas Hoenig, Former Fed Exec

Thoughtful Money with Adam Taggart

00:00

Monetary Policy and Its Consequences

This chapter explores the profound effects of monetary policy on inflation and wealth distribution, emphasizing the rise of asset inflation amidst low consumer prices. It critiques the strategies of quantitative easing and the Federal Reserve's intervention, highlighting the long-term risks of increasing national debt and exacerbating wealth inequality. The discussion further examines the challenges within fiscal and monetary policies, advocating for rational financial approaches to address the looming economic concerns.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app