About this episode
David Brady Jr. discusses his recent article at Mises.org, in which he argues that the newly launched "FedNOW" system isn't a CBDC. Even so, there are dangers from FedNOW, such as exacerbating bank runs. David also explains the new Mises Apprenticeship program, of which he is a member.
David's Article on Mises.org: https://Mises.org/HAP406a
George Selgin Cato Article on FedNow: https://Mises.org/HAP406b
Get every episode summarized
Each time The Human Action Podcast publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from The Human Action Podcast
Yes, Tariffs Reduce Imports, but They Also Reduce Exports
The Human Action Podcast
Oct 22, 202555:38pending
Why Rothbard Thought the Fed Eliminated Market Safeguards Against Bank Inflation
The Human Action Podcast
Aug 22, 20251:12:13pending
An Actual Plan to Close the Fed and Tie the Dollar Back to Gold
The Human Action Podcast
Jul 18, 20251:10:41pending
Essays in Austrian Economics: Honoring Joe Salerno
The Human Action Podcast
Jul 7, 202548:43pending