Episode
Ep. 147: The Myth of "Wildcat Banks" in US History
- Podcast
- InFi: the Future of Finance
- Published
- Jul 24, 2026
- Duration seconds
- 2345
- Processing state
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Summary
Bob draws on three clips from a popular video discussing the banking sector, pre- and post-Fed. Bob dispels myths about the "wildcat" banks of the so-called Free Banking era, and shows that the Fed clearly led to more economic instability (as well as inflation). Related: - https://www.youtube.com/watch?v=z4uTadogtI4 - https://infineo.ai/podcast/100 - https://www.minneapolisfed.org/research/quarterly-review/free-banking-wildcat-banking-and-shinplasters - https://infineo.ai/resources/blog/does-history-show-government-debt-paydown-causes-a-crash - https://www.fte.org/wp-content/uploads/WhiteSelginLastrapesFed1.pdf Watch the video version of this episode here: https://youtu.be/U9p7sJjQOvY Subscribe to our YouTube channel: https://bit.ly/3XXfmGS Follow us on Instagram: https://www.instagram.com/infineogroup Follow us on Twitter: https://www.twitter.com/infineogroup Learn more about Infineo at: https://www.infineo.io Audio Production by Podsworth Media - https://podsworth.com