Thomas E. Woods, author of Meltdown and senior fellow at the Mises Institute, discusses “The Birth and Death of the Fed” Mises Institute conference at infamous Jekyll Island, GA, the Fed’s failure to stop the financial panics that were the impetus for its creation in the first place, the gathering of the world’s powerbrokers at the original 1910 Jekyll Island meeting that laid the groundwork for the Fed’s creation in 1913 and the article “The Fed’s Dismal Record” that rebuts the typical pro-central banking arguments.

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