Center for a Stateless Society
A Left Market Anarchist Think Tank & Media Center
End the Fed: The Economics of Liberty on Feed 44

C4SS Feed 44 presents Grant A. Mincy‘s “End the Fed: The Economics of Liberty” read by Christopher B. King and edited by Nick Ford.

Thanks to Carmen Segarra, however, we now have some keen insight to the inner operations of the Federal Reserve System.

Segarra was recently employed at the New York Fed as a bank examiner, charged with ensuring the bank followed internal regulations and conducting “oversight” of the economic powerhouse. During her tenure, Segarra grew suspicious the Fed was rather lenient with powerful, well-connected investment banks — notably Goldman Sachs (a key player in the 2008 financial crisis). To document her concerns she recorded 46 hours of private meetings and conversations. Her recordings reveal the Fed is, in fact, rather cozy with the financial institutions it’s supposed to regulate.

With evidence in hand, Segarra voiced her objections.

She was soon fired.

Feed 44:

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