Do We NEED the Federal Reserve? скачать в хорошем качестве

Do We NEED the Federal Reserve?

Do we actually need the Federal Reserve? A growing narrative says we don’t — that markets can set interest rates, regulate banks, and manage money better on their own. In this episode of Mythbusting, we break that claim down at the mechanical level, not the political one. This isn’t about defending the Federal Reserve as “good” or “bad.” It’s about understanding how modern monetary systems actually work. We explain: What a central bank really does (and what it doesn’t) Why money and credit are not the same thing Why settlement, not control, is the core function of central banking How interest rates actually work inside a layered monetary system Why removing the Fed doesn’t create freedom — it creates instability And why political control of a central bank is far worse than central bank independence History shows us that abolishing central banks doesn’t eliminate power over money — it simply shifts it. Usually to the Treasury, the executive branch, or inflation itself. If you care about inflation, financial stability, or the future of the dollar, this episode will give you a clearer framework to think about all three.