Ep. 28 - The Truth About the Federal Reserve - The Results

In the previous episode, #27 The Truth About the Federal Reserve – An Introduction, I laid the groundwork for this episode. So now that you know what the Fed is, why it was created and how it creates money, let’s look at the results of the last 100+ years since this monstrosity was created. We will discuss the constitutionality of the Fed, how it creates inflation, its impact on savers and people on fixed incomes, malinvestment, bailouts, how it funds the welfare and warfare state, the gold standard, and I conclude the episode with a side-by-side comparison of the current monetary system dominated by the Fed with one without it. Show Notes: Creature from Jekyll Island, Edward Griffin Numerous writings and podcast from the likes of Ron Paul, John Tamny, Tom Woods, Fee.org and Mises.org. ContraKrugman Episode 185 - Economist's Love Letter to the Fed A Century of Failure: Why It's Time to Consider Replacing the Fed - Mises ----------------------------------------- Grab your Truth Quest Merchandise at The Truth Quest Shirt Factory: With each shirt design there will be an explanation of what to expect from those inquisitive or brave enough to ask you about it. In most cases there are links to podcast episodes that will further deepen your understanding of the importance of each phrase.  We hope you take the challenge of wearing these shirts in public and to family gatherings. Don't worry! You will be equipped with the rhetorical tools to engage in conversation and/or debate.  Good luck! And thanks for supporting the Truth Quest Podcast! Check out the "END THE FED" shirt inspired by this episode. The Truth Quest Podcast Patron Page Join the conversation at The Truth Quest Facebook Fan Page Order a copy of Shawn's books - Pritical Thinking, The Proverbs Project, The Termite Effect. The video of this episode is available at Rumble, Thinkspot, Brighteon and on BitChute. Check out short highlight videos of each episode on Instagram.