

7/25/24 Thomas Eddlem on How the Fed Hurts the Poor
Jul 28, 2024
Thomas Eddlem, a William Norman Grigg Fellow at the Libertarian Institute and economic writer, dives into the damaging effects of the Federal Reserve's policies on the poor. He reveals how inflation is eroding the value of Social Security benefits, threatening financial stability for many. Eddlem also discusses the housing crisis, illustrating how Fed policies trap individuals in poverty by inflating property prices and creating a regressive financial landscape. His insights offer a compelling look at the economic challenges faced by working-class families.
Chapters
Transcript
Episode notes
1 2 3 4 5
Intro
00:00 • 4min
The Financial Future of Social Security
03:32 • 12min
The Federal Reserve's Impact on Housing and Economic Stability
15:46 • 4min
The Regressive Nature of Inflation and Its Impact on the Poor
19:30 • 4min
The Financial Struggles of Homeowners Amidst Inflation
23:08 • 4min