Nevada Public Radio Listen Live

"BBC's World Service"
Facebook Twitter Follow Nevada Public Radio

Support Nevada Public Radio
KNPR's State of Nevada About SON Archives Participate Specials
Behind The Bundy Ranch Standoff
Lynne Jasames On Why 'It's Okay To Cry'
Can 'Serious' Reading Happen Online?
BASE Jumping: The Allure And The Danger
Anti-Government Protesters Win Round Against BLM
Tax Advice For The Alternative Economy
The Secret History Of Las Vegas
Deal Reached Between North Las Vegas And Labor Unions
Bryan Ferry (Of Roxy Music) Brings His Orchestra To Vegas
Is Tipping Obsolete?
The Life Cycle Of A Mall
Being Oscar
Fixing Nevada's Mental Health System
Bundy Family Says Local Officials Need to Step In To Stop BLM Dispute
The Future Of Space Tourism
The Brass Tacks Of The Education Initiative
UNR President Seeks To Restore Funding
What Should Be Done About NSA Spying?
'Ordain Women' Protests Meeting
The Future Of Africa

Allan Meltzer: Critic Of The Federal Reserve
Allan Meltzer: Critic Of The Federal Reserve

AIR DATE: January 27, 2014

Allan Meltzer has written the history of the Federal Reserve. The little known central bank in Washington has done more than any other institution to save the economic system. But after 2008, it went off the rails, says Meltzer, and he sees high inflation, similar to what happened in the 1970s, ahead. And despite the fact the Federal Reserve is supposed to be apolitical, it has increasingly come under the sway of political opinion and the market. Meltzer is also quite blunt in saying that the foreclosure crisis was caused by bad banks and the government that let them get away with those bad loans. But once that happened, there was little that could be done to fix the problem.


Allan Meltzer, professor of economics, Carnegie-Mellon University

    comments powered by Disqus
    Web hosting facilities provided by Switch.