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.
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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.
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