Ep. 147: The Myth of "Wildcat Banks" in US History

Bob draws on three clips from a popular video discussing the banking sector, pre- and post-Fed. Bob dispels myths about the "wildcat" banks of the so-called Free Banking era, and shows that the Fed clearly led to more economic instability (as well as inflation). Related: - https://www.youtube.com/watch?v=z4uTadogtI4  - https://infineo.ai/podcast/100  - https://www.minneapolisfed.org/research/quarterly-review/free-banking-wildcat-banking-and-shinplasters  - https://infineo.ai/resources/blog/does-history-show-government-debt-paydown-causes-a-crash  - https://www.fte.org/wp-content/uploads/WhiteSelginLastrapesFed1.pdf  Watch the video version of this episode here: https://youtu.be/U9p7sJjQOvY  Subscribe to our YouTube channel: https://bit.ly/3XXfmGS  Follow us on Instagram: https://www.instagram.com/infineogroup  Follow us on Twitter: https://www.twitter.com/infineogroup  Learn more about Infineo at: https://www.infineo.io  Audio Production by Podsworth Media - https://podsworth.com