Why the Banking Crisis Is a 'Long COVID' Effect of Disastrous Federal Reserve Policies | Guest: Rep. Thomas Massie | 3/13/23
Thanks to the COVID money printing by the Federal Reserve, our economy is stuck on a virtual ventilator, where we can’t get off loose money policies without risking a banking collapse. It’s a recipe for permanent stagflation, and consumers will be hurt most. We’re joined by Rep. Thomas Massie to break down the details of the "don’t call it a bailout" bailout from the Federal Reserve and how this will create endless inflation. Massie goes through the fact that the Federal Reserve has acted in four stages: as Santa Klaus, the arsonist, the firefighter, and now the triage doctor. This will not end until we abolish the Federal Reserve’s power to monetize our debt and manipulate the economy by socializing the losses of the well-connected elites. We need Federal Reserve reform once and for all. Learn more about your ad choices. Visit megaphone.fm/adchoices
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