The Myth of Fed Independence

Jonathan Newman joins Ryan McMaken to talk about the history behind the myth of "Fed independence." The Fed has never been politically independent of the US government, and it has enthusiastically helped fund the US government both in wartime and in peacetime. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off