Ep. 422 How the Fed Is Helping the Few and Hurting the Rest

The Tom Woods Show

Tom Woods

Politics, Government, News

4.8 • 3.4K Ratings

🗓️ 11 June 2015

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We know that's what the Federal Reserve is doing, but precisely how? Mark Thornton gives all the details.

Transcript

Click on a timestamp to play from that location

0:00.0	In a world of Democrats, there will be time for them to make profits.
0:05.2	Now is not that time.
0:06.4	And Republicans.
0:07.9	I've abandoned free market principles to save the free market system.
0:12.2	You need a voice of liberty.
0:15.1	Look no further.
0:16.7	You've found it.
0:18.4	Tom Woods.
0:21.2	Beware, citizen.
0:22.9	You are now departing from the world of allowable opinion.
0:26.9	The Tom Woods Show.
0:34.2	Welcome to the Tom Woods Show episode 422.
0:38.3	Well, we hear it said quite a bit in our circles that the Federal Reserve makes life easier for the powerful and well-connected and more difficult for everybody else.
0:48.5	But how exactly does it do that?
0:51.0	Well, joining us to help us understand this better is Mark Thornton, an old friend of this show.
0:57.2	Mark Thornton is a senior fellow of the Meese Institute. He's taught economics at several universities.
1:03.1	He's the author of several books, including The Economics of Prohibition, The Quotable Meeses and co-author of Tariffs blockades, and inflation, the economics of the Civil War,
1:15.2	is also the book review editor of the quarterly journal of Austrian economics.
1:19.8	Mark, welcome back to the show.
1:21.8	Tom Woods, it's great to hear your voice.
1:23.4	It's great to be back on the show.
1:24.7	I wish you were here at the Institute.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Tom Woods, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Tom Woods and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.