How the Federal Reserve Works

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 ReadingHere is Selgin’s newest study on the founding of the Federal Reserve.Here are our previous Free Thoughts episodes with Selgin:The Story of Money in the United StatesThe Gold Standard Won’t Be Coming Back Hosted on Acast. See acast.com/privacy for more information.