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Free Thoughts, Ep. 219: How the Federal Reserve Works (with George Selgin)

1,046 views · Published 29 December 2017 · 58:12 · Indexed 23 October 2026

Channel: Libertarianism.org · 2017 · News & Politics

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George Selgin joins us again on Free Thoughts for a conversation about the origins and role of the Federal Reserve.

What is the Federal Reserve? What does it do, and what authority does it have? Why was the Fed created, and what was it’s role in the 2008 financial crisis?

Show Notes and Further Reading

Here is Selgin’s newest study on the founding of the Federal Reserve: https://www.cato.org/publications/policy-analysis/new-yorks-bank-national-monetary-commission-founding-fed

Here are our previous Free Thoughts episodes with Selgin:
The Story of Money in the United States
https://www.libertarianism.org/media/free-thoughts/story-money-united-states

The Gold Standard Won’t Be Coming Back
https://www.libertarianism.org/media/free-thoughts/gold-standard-wont-be-coming-back

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