# 145 - Is The Fed Corrupt? with Christopher Leonard

*Author: Ryan Sean Adams, David Hoffman*
*Published: Nov 21, 2022*
*Source: https://www.bankless.com/145-is-the-fed-corrupt-with-christopher-leonard*

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What do we do about this institution? Something has to change, but what is the path forward?

Joining us to answer these questions is **Christopher Leonard**, investigative journalist and author of The Lords of Easy Money.

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### TIMESTAMPS
0:00 Intro

5:30 Should We Be Worried?

8:35 This is Insane

15:30 Origins of the Fed

23:50 A Young Fed

30:40 From Gold to Fiat

35:50 A Tool of the State

43:25 Incentives and Structure

47:25 Against Ben Bernanke

55:20 Institutional Pressure

59:30 Jay Powell

1:05:20 Banking Pressure

1:12:30 Political Actors

1:16:30 The Terminal Point

1:20:40 What Comes Next?

1:24:00 What to do about the Fed

1:29:15 The Legacy of the Fed

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#### RESOURCES
- [Christopher Leonard](https://twitter.com/CLeonardNews?s=20&t=2hDVEsJqii7nFVkuwxDPvQ)
- [The Lords of Easy Money](http://www.christopherleonard.biz/)
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