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145 - Is the Fed Corrupt? with Christopher Leonard

252K subscribers

10K views 2 years ago Bankless Podcast

✨ DEBRIEF | Unpacking the Episode: https://shows.banklesshq.com/p/debrie... ------ How is money created? Why? Whose job is it? We often discuss the Federal Reserve, and in this episode, we’re doing a deep dive into what the Fed is—its origins, its purpose, and ultimately, its concerning behavior. What do we do about this institution? Something has to change, but what is the path forward? Joining us to answer these questions is Christopher Leonard, investigative journalist and author of The Lords of Easy Money. ------ 📣 Infura | Join the New Decentralized Infrastructure Network www.bankless.cc/infura ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://www.bankless.com/join 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 👯 DESO | DECENTRALIZED SOCIAL BLOCKCHAIN https://bankless.cc/Deso 🦁 BRAVE | THE BROWSER NATIVE WA

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Represent the movement by claiming your Essential Bankless Hoodie. Now available in White! Just one word on the front...BANKLESS. That's all it needs. This t-shirt is comfortable and flattering for both men and women. A soft and comfy unisex hoodie that fits all your hoodie needs. The fleece fabric makes it a great partner all year round, be it a summer evening on the beach, or a Christmas dinner in a mountain cabin. • 100% cotton face • 65% ringspun cotton, 35% polyester • Front pouch pocket • Self-fabric patch on the back • Matching flat drawstrings • 3-panel hood Size guide S M L XL 2XL Chest width (inches) 20 21 23 25 26½ Length (inches) 26 27 28 29 30

Intro

Should We Be Worried?

This is Insane

Origins of the Fed

A Young Fed

From Gold to Fiat

A Tool of the State

Incentives and Structure

Against Ben Bernanke

Institutional Pressure

Jay Powell

Banking Pressure

Political Actors

The Terminal Point

What Comes Next?

What to do about the Fed

The Legacy of the Fed

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Bankless Essential Hoodie (Black) L

Bankless Essential Tee (White) L

Bankless Essential Tee (Black) XS

Bankless Essential Hoodie (White) White / M

145 - Is the Fed Corrupt? with Christopher Leonard

328Likes

10,527Views

2022Nov 21

✨ DEBRIEF | Unpacking the Episode: https://shows.banklesshq.com/p/debrie... ------ How is money created? Why? Whose job is it? We often discuss the Federal Reserve, and in this episode, we’re doing a deep dive into what the Fed is—its origins, its purpose, and ultimately, its concerning behavior. What do we do about this institution? Something has to change, but what is the path forward? Joining us to answer these questions is Christopher Leonard, investigative journalist and author of The Lords of Easy Money. ------ 📣 Infura | Join the New Decentralized Infrastructure Network www.bankless.cc/infura ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://www.bankless.com/join 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 👯 DESO | DECENTRALIZED SOCIAL BLOCKCHAIN https://bankless.cc/Deso 🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 📡 TRUEFI | CRYPTO FINANCIAL HUB https://bankless.cc/TrueFi 👾 SEQUENCE | ALL-IN-ONE PLATFORM https://bankless.cc/Sequence ⚡️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/fuel ------ Timestamps: 0:00 Intro 5:30 Should We Be Worried? 8:35 This is Insane 15:30 Origins of the Fed 23:50 A Young Fed 30:40 From Gold to Fiat 35:50 A Tool of the State 43:25 Incentives and Structure 47:25 Against Ben Bernanke 55:20 Institutional Pressure 59:30 Jay Powell 1:05:20 Banking Pressure 1:12:30 Political Actors 1:16:30 The Terminal Point 1:20:40 What Comes Next? 1:24:00 What to do about the Fed 1:29:15 The Legacy of the Fed ------ Resources: Christopher Leonard https://twitter.com/CLeonardNews?s=20... The Lords of Easy Money http://www.christopherleonard.biz/ ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures

Intro

Should We Be Worried?

This is Insane

Origins of the Fed

Explore the podcast

Bankless Podcast

Bankless

Transcript

Follow along using the transcript.

Bankless

252K subscribers