OM DENNE EPISODE
Patrick Newman traces the National Banking System from Salmon P. Chase’s wartime bond sales and initially hostile relations with New York financiers through the pyramid of bankers’ balances that concentrated reserves on Wall Street. He follows J. P. Morgan and George Baker’s First National Bank, the defense of monopolistic restraints after the Panic of 1873, and the silver fight that fractured the Democrats and culminated in the election of 1896.
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Original article: https://mises.…
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On this episode of Power and Market, Patrick Newman joins Ryan and Tho for a discussion on Social Security, generational economic tensions, and the latest inflation numbers (spoiler: they’re bad.)
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