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Lex Fridman Podcast

#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

1919.81 - 1940.538 Jennifer Burns

Their influence has diminished for the kind of banks that are more conservative. They don't say like the Rubes and the Hicks, but it basically is. It's like the people in charge don't know what they're doing. And so the Fed pursues this kind of policy of masterly inactivity. They don't see it as a problem. They don't do much. There's an enormous liquidity crisis. And that's their...

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