Join Big John and Mike ter Maat on Liberty Lens as they explore the Federal Reserve’s role in controlling monetary policy, its impact on inflation, and why libertarians criticize its influence. Learn about the Fed’s reserve system, fractional banking, and the dangers of politicizing interest rates. The hosts discuss President Trump’s push to control the Fed, the risks of undermining its independence, and proposals for a rules-based system to stabilize the economy.
Join 2024 LP Vice Presidential candidate Mike Ter Maat and Big John as they discuss the week’s major news from a libertarian perspective on Liberty Lens.
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Chapters:
00:01:02 What is the Federal Reserve?
00:07:24 Why Libertarians Criticize the Fed
00:16:58 Political Influence on the Fed
00:25:57 Jerome Powell’s Role and Performance
00:38:55 Trump’s Push for Fed Control
00:51:55 Future of the Fed and Potential Replacements
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