David L. Bahnsen is the managing partner of a wealth-management firm and a frequent writer and public commentator on matters of economics, faith and work, and markets.
David Bahnsen’s Capital Record
David L. Bahnsen, National Review Institute senior fellow and founder of The Bahnsen Group, provides a guide to understanding how free markets, sound money, and limited government create lasting prosperity.
Episode 44: Way More Than a Lender of Last Resort
David is joined today by Judy Shelton, who was famously one vote away from being approved for a seat on the Federal Reserve Board of Governors.
David is joined today by Judy Shelton, Senior Fellow at the Independent Institute, who was famously (and tragically) one vote away from being approved for a seat on the Federal Reserve Board of Governors. Judy and David talk about the Fed’s legitimate function, where it has exceeded that function, and what the repercussions have been for all of us. The “moral contract” that the government’s “legal monopoly” on legal tender implies means we are doing a lot of things wrong, and Judy Shelton is the person to walk us though this.
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