# Ep. 147: The Myth of "Wildcat Banks" in US History Page: https://stenobird.com/podcast/infi-the-future-of-finance-6015611/ep-147-the-myth-of-wildcat-banks-in-us-history Text version: https://stenobird.com/podcast/infi-the-future-of-finance-6015611/ep-147-the-myth-of-wildcat-banks-in-us-history.md Podcast: [InFi: the Future of Finance](https://stenobird.com/podcast/infi-the-future-of-finance-6015611) Published: 2026-07-24T20:00:00+00:00 Episode link: https://e86540bd-c269-4e1c-9977-72fca5cd2809.libsyn.com/ep-147-the-myth-of-wildcat-banks-in-us-history Audio file: https://traffic.libsyn.com/secure/e86540bd-c269-4e1c-9977-72fca5cd2809/InFi_-_Ep._147_-_Bob_solo_on_Wildcat_Banks.mp3?dest-id=3851883 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/infi-the-future-of-finance-6015611/episodes/ep-147-the-myth-of-wildcat-banks-in-us-history Duration seconds: 2345 ## Resource 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 ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/infi-the-future-of-finance-6015611/episodes/ep-147-the-myth-of-wildcat-banks-in-us-history/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/infi-the-future-of-finance-6015611/ep-147-the-myth-of-wildcat-banks-in-us-history.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.