FED–It Causes Crises it Claims to Fix

Centralized banks were supposed to end the financial cycles of boom and bust, but instead amplified it. In this episode we look at #FinancialCrisis both recent and historical, and explain the role the banks played in causing them. We explore the #FederalReserve, state banks, the abandonment of the gold standard, and the financial cycles of debt and irresponsible lending.