Did the 2008 Financial Crisis Ever Really END? | Paul Mueller & Kate Wand

On this episode of Liberty Curious, Kate Wand sat down with Paul Mueller, who recently joined AIER as Senior Research Faculty, to discuss the 2007-2008 Financial Crisis and its reverberation into our present day. "Everything we're seeing around us is a fallout from that crisis." - Paul MuellerPaul received his PhD in economics from George Mason University, and is the author of Ten Years Later: Why the Conventional Wisdom about the 2008 Financial Crisis is Still Wrong. They get into the mis-regulation, cronyism and fatal conceit that precipitated the crisis, how it was mismanaged by government and central banks, and then became the catalyst for a growing anti-capitalist sentiment that blames free markets for the failures of an increasingly controlled financial system and economy.*** Please note that the opinions expressed in this podcast are solely those of the host and her guests. They do not necessarily reflect the views of the American Institute for Economic Research. The content presented in this show is intended for educational purposes only, and should not be considered as financial advice. ***aier.org/podcastsPaul Mueller's book: https://www.amazon.com/Conventional-Wisdom-about-Financial-Crisis/dp/1527519236/ref=sr_1_1?crid=VGKBR6GSB0LB&keywords=paul+mueller+financial+crisis&qid=1694349635&s=books&sprefix=paul+mueller+financial+crisis%2Cstripbooks-intl-ship%2C130&sr=1-1https://www.aier.org/people/paul-mueller/0:00 - Intro1:58 - A Generation-Defining Event6:22 - The Fed's Historical Role10:47 - Political Pressures15:20 - Mis-regulation22:27 - The Bank of International Settlements25:30 - Fatal Conceit30:22 - The American Dream35:16 - Wealth & Income Inequality 40:30 - Low Interest Rates Benefits Government44:23 - How Did the Crisis Unravel?49:46 - What Happens Next?54:30 - The Third Mis-regulation57:21 - Reverberation Into Today59:40 - Conditioning for Economic Intervention1:05:58 - Market Solutions1:10:28 - How to Get Out of The Cycle1:14:33 - Free Up Markets or Great Reset?1:18:05 - Last Thoughtsaier.org/podcasts