With the Feds, It's the Fox Guarding the Henhouse

With the Feds, It’s the Fox Guarding the Henhouse

Tags: Cronyism and Corporatism, The Fed, Money and Banks

03/31/2023 Robert P. Murphy Peter St. Onge

Bob is joined by guest Peter St. Onge to discuss how SVB’s CEO, as well as Bernie Madoff, had key positions advising the Fed and SEC. Then they discuss how we should think about central banks losing money.

How the SEC was Charmed by Madoff: Mises.org/HAP389a

Bob’s Understanding Money Mechanics: Mises.org/HAP389b

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.