Lecture series · recorded 2008
The Case Against the Fed
The Case Against the Fed is a free lecture series (25 recordings, 5.1 hours) you can stream or download at freecapitalists.org, with Murray N. Rothbard.
The most powerful case against the American central bank every written. This audiobook edition is narrated by Floy Lilley.
Money and BanksBooms and BustsU.S. HistoryU.S. EconomyThe Fed
Read the book: The Case Against the Fed by Murray N. Rothbard, free to download here.
Cover painting: Franklin D. Roosevelt signs the Banking Act of 1933 at his desk, June 1933. See every painting in the art gallery.
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01
19:49 Download MP3
Introduction: Money and Politics 2008
From The Case Against The Fed (pp. 3-12), as narrated by Floy Lilley.
Money and BankingPolitical TheoryMoney and Banks
Read the transcript 2,478 words
Read the book chapter 2,405 words
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02
13:15 Download MP3
The Genesis of Money 2008
From The Case Against The Fed (pp. 12-17), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 1,721 words
Read the book chapter 1,723 words
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03
5:22 Download MP3
What is the Optimum Quantity of Money? 2008
From The Case Against The Fed (pp. 18-20), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 731 words
Read the book chapter 718 words
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04
14:12 Download MP3
Monetary Inflation and Counterfeiting 2008
From The Case Against The Fed (pp. 20-27), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 1,990 words
Read the book chapter 1,950 words
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05
4:57 Download MP3
Legalized Counterfeiting 2008
From The Case Against The Fed (pp. 27-29), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 677 words
Read the book chapter 660 words
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06
7:25 Download MP3
Loan Banking 2008
From The Case Against The Fed (pp. 29-33), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 896 words
Read the book chapter 758 words
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07
14:06 Download MP3
Deposit Banking 2008
From The Case Against The Fed (pp. 33-40), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 1,916 words
Read the book chapter 1,923 words
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08
9:52 Download MP3
Problems for the Fractional-Reserve Banker: The Criminal Law 2008
From The Case Against The Fed (pp. 40-45), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 1,343 words
Read the book chapter 1,254 words
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09
17:51 Download MP3
Problems for the Fractional-Reserve Banker: Insolvency 2008
From The Case Against The Fed (pp. 45-54), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 2,336 words
Read the book chapter 2,060 words
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10
1:39 Download MP3
Booms and Busts 2008
From The Case Against The Fed (pp. 54-55), as narrated by Floy Lilley.
Money and BankingBooms and BustsMoney and Banks
Read the transcript 208 words
Read the book chapter 201 words
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11
4:55 Download MP3
Types of Warehouse Receipts 2008
From The Case Against The Fed (pp. 55-57), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 686 words
Read the book chapter 677 words
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12
10:07 Download MP3
Enter the Central Bank 2008
From The Case Against The Fed (pp. 57-62), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 1,300 words
Read the book chapter 1,234 words
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13
4:04 Download MP3
Easing the Limits on Bank Credit Expansion 2008
From The Case Against The Fed (pp. 62-64), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 567 words
Read the book chapter 551 words
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14
9:44 Download MP3
The Central Bank Buys Assets 2008
From The Case Against The Fed (pp. 64-69), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 1,224 words
Read the book chapter 1,024 words
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15
21:04 Download MP3
Origins of the Federal Reserve: The Advent of the National Banking System 2008
From The Case Against The Fed (pp. 70-79), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. History
Read the transcript 2,752 words
Read the book chapter 2,439 words
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16
6:44 Download MP3
Origins of the Federal Reserve: Wall Street Discontent 2008
From The Case Against The Fed (pp. 79-82), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. History
Read the transcript 899 words
Read the book chapter 882 words
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17
15:20 Download MP3
Putting Cartelization Across: The Progressive Line 2008
From The Case Against The Fed (pp. 82-90), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. History
Read the transcript 1,949 words
Read the book chapter 1,907 words
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18
33:21 Download MP3
Putting a Central Bank Across: Manipulating a Movement, 1897-1902 2008
From The Case Against The Fed (pp. 90-106), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. History
Read the transcript 4,142 words
Read the book chapter 3,804 words
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19
17:30 Download MP3
The Central Bank Movement Revives, 1906-1910 2008
From The Case Against The Fed (pp. 106-114), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. History
Read the transcript 2,151 words
Read the book chapter 2,153 words
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20
8:34 Download MP3
Culmination at Jekyll Island 2008
From The Case Against The Fed (pp. 114-118), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. History
Read the transcript 1,108 words
Read the book chapter 1,091 words
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21
22:33 Download MP3
The Fed at Last: Morgan-Controlled Inflation 2008
From The Case Against The Fed (pp. 118-129), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. History
Read the transcript 2,909 words
Read the book chapter 2,719 words
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22
8:24 Download MP3
The New Deal and the Displacement of the Morgans 2008
From The Case Against The Fed (pp. 129-133), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. History
Read the transcript 1,071 words
Read the book chapter 1,043 words
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23
7:22 Download MP3
Deposit "Insurance" 2008
From The Case Against The Fed (pp. 134-137), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. History
Read the transcript 920 words
Read the book chapter 902 words
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24
15:51 Download MP3
How the Fed Rules and Inflates 2008
From The Case Against The Fed (pp. 137-145), as narrated by Floy Lilley.
Money and BankingMoney and Banks
Read the transcript 2,041 words
Read the book chapter 1,819 words
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25
12:33 Download MP3
What Can Be Done? 2008
From The Case Against The Fed (pp. 145-151), as narrated by Floy Lilley.
Money and BankingMoney and BanksU.S. Economy
Read the transcript 1,629 words
Read the book chapter 1,429 words
People in this series
Speakers
Recording dates, summaries and topics for 25 of these 25 lectures come from the Mises Institute's page for The Case Against the Fed, checked 2026-09-27.
Community
Discussed on the forum
Threads on Mises Community, this archive's companion forum, whose titles name this course. These are reader conversations, not part of the archive.
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Rothbard - The Case Against The Fed key questionDormant
Economics Questions
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The Case Against the FedDormant
educational pamphlets
Questions
About this series
- Is The Case Against the Fed free to listen to?
- Yes. All 25 mirrored recordings stream in the browser or download as audio, at no cost and with no signup.
- How long is The Case Against the Fed?
- 25 recordings, 5.1 hours in total.
- When was The Case Against the Fed recorded?
- 2008, per the recording dates recovered for this series.
- Is the book behind The Case Against the Fed available here?
- Yes. The Case Against the Fed by Murray N. Rothbard is in this archive as a free download, on its own page.
- Is there a transcript of The Case Against the Fed?
- Yes. Every lecture in the series has one, 39,644 words in total, free to read on each lecture's page and searchable in the browser.
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