This week, I share my interview with Dr Murray Sabrin, author of "Why the Federal Reserve Sucks: It Causes Inflation, Recessions, Bubbles and Enriches the One Percent". Given that title, the subject matter of this episode is pretty clear. Most people are unclear on the Fed so I wanted to have someone like Dr Sabrin on to explain exactly why it was created and the damage it does to the economy.
If you hear someone trying to explain why we had the Great Depression or the Dot Com bubble or the Great Recession of 08 and they don't primarily cite the Federal Reserve, that's a sign you should probably direct your attention elsewhere. In this episode you'll learn how the Fed's monetary and interest rate manipulation causes the boom/bust cycle. Enjoy!