Why Libertarians Want to #EndTheFed
Oct 3, 2024 ·
5m 37s
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In this episode of the Libertarian Knight podcast, host Juan Ayala dives deep into the operations of the Federal Reserve. He clarifies why the phrase "End the Fed" is crucial...
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In this episode of the Libertarian Knight podcast, host Juan Ayala dives deep into the operations of the Federal Reserve. He clarifies why the phrase "End the Fed" is crucial among Libertarians, as the entity's ability to control money supply and manipulate interest rates has rippling effects on every aspect of everyday life, including creating the present inflation crisis. He vividly explains why the idea of simply printing more money isn't the ultimate solution for economic problems. The complex role of the Federal Reserve in causing inflation is dissected in detail—a low-interest-rate policy and asset purchasing programs have both played significant parts. Juan suggests potential solutions to tackle this crisis, notably returning to the gold standard. He believes the gold standard would offer long-term financial stability, accountability, and protect the overall value of people's savings and earnings. He encourages listeners to continue questioning and discussing these important topics to initiate real change.
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