Do We Even Need the Fed?

Schiff Gold
December 4, 2019

Do we even need the Federal Reserve?

Whether on the political left, right, or in the middle, virtually everybody thinks we do. After all, without the Fed, we’ll have wild economic swings and crashes.

Economist Edward Stringham disagrees. In this It’s Your Dime Interview, he talks about it with host Mike Maharrey and makes the case that the economy would function just fine without a central bank pulling strings. In fact, as he explains, the Fed actually stirs up economic chaos.

In this interview, Mike and Edward talk about how the Fed messes up our money, the Fed-induced business cycle, and the economic impact of the current easy-money policy. We also talk about the idea of private governance. Is that even possible?

Read the entire article