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30 Oct 2020 02:49:19 UTC
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How to Think About the Fed Now | Jeff Deist
The Fed is, in effect, a lawless economic government unto itself. It is the lender of first resort, a kind of reverse pawnshop that pays top dollar for rapidly declining assets.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original article: https://mises.org/wire/how-think-about-fed-now

Audio Mises Wire is also available on...
iTunes: https://itunes.apple.com/us/podcast/id1352505416
Google Play: https://play.google.com/music/m/Iduao2x6ucqse7ykgvsogvhkr6m?t=Audio_Mises_Wire
Stitcher: https://www.stitcher.com/podcast/mises-institute/audio-mises-wire?refid=stpr
Soundcloud: https://soundcloud.com/misesmedia/sets/audio-mises-wire
and via RSS: https://mises.org/itunes/689
...
https://www.youtube.com/watch?v=X9TXXOOxjLI
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