The Fed Does Not Benefit Ordinary Americans

10/24/2024 Thomas J. DiLorenzo

On July 15, 2024, Tom DiLorenzo appeared on The Bill Meyer Show to explain why the Federal Reserve does not benefit ordinary people or make the US economy more stable.

The original episode is available on KMED.com.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.