The Fed's 100th Anniversary and the Case for a Centennial Monetary Commission

The Fed's 100th Anniversary and the Case for a Centennial Monetary Commission

0 Anmeldelser
0
Episode
794 of 2233
Længde
45M
Sprog
Engelsk
Format
Kategori
Fakta

The Federal Reserve Act was signed into law on December 23, 1913. It was designed to provide an elastic currency and prevent banking panics. The Great Depression, the Great Inflation, and the Panic of 2008, however, seriously mar the Fed’s record. In particular, the Fed’s failure to detect and prevent the 2008 financial crisis needs close public scrutiny. Moreover, the Fed’s vast expansion of its balance sheet during the last five years and its suppression of market interest rates have failed to generate robust economic growth and full employment. Those issues will be addressed by our speakers and a case made for creating a Centennial Monetary Commission (HR 1176) to explore alternatives to the current pure discretionary government fiat money regime. Hosted on Acast. See acast.com/privacy for more information.


Lyt når som helst, hvor som helst

Nyd den ubegrænsede adgang til tusindvis af spændende e- og lydbøger - helt gratis

  • Lyt og læs så meget du har lyst til
  • Opdag et kæmpe bibliotek fyldt med fortællinger
  • Eksklusive titler + Mofibo Originals
  • Opsig når som helst
Prøv nu
DK - Details page - Device banner - 894x1036
Cover for The Fed's 100th Anniversary and the Case for a Centennial Monetary Commission

Other podcasts you might like ...