In this episode I talk with economist Dr. Bob Murphy about the Federal Reserve. Murphy argues that the Federal Reserve should be abolished. We explore the history of the Fed and how it has not only failed to produce economic stability but causes great economic harm. Murphy explains how the Fed devalues the currency, the impact Fed policy has on average Americans, and why Christians should be critical of the Fed. He also discusses why it should be abolished and how it can be reformed in the meantime. If you want a one-podcast introduction to the Federal Reserve, this is it!

Media Referenced:

Bob Murphy on X: @BobMurphyEcon

ZeroHedge Debate: https://youtu.be/poymGXekiJs?si=ePSUljD-vWoIoRAe

Understanding Money Mechanics book: https://cdn.mises.org/understanding_money_mechanics_with_cover_image_attached.pdf

The Bob Murphy Show: https://www.bobmurphyshow.com/

The Protestant Libertarian Podcast is a project of the Libertarian Christian Institute and a part of the Christians For Liberty Network. The Libertarian Christian Institute can be found at www.libertarianchristians.com.

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