Once again the Federal Reserve is being presented to us as a great savior during a time of crisis. I once spoke at Jekyll Island itself in refutation of this claim. Worth revisiting during these times.
Thomas E. Woods, Jr., is the 2019 winner of the Hayek Lifetime Achievement Award from the Austrian Economics Center in Vienna. He is a senior fellow of the Mises Institute and host of The Tom Woods Show, which releases a new episode every weekday. Visit https://tomwoods.com