Bob is joined by guest Peter St. Onge to discuss how SVB's CEO, as well as Bernie Madoff, had key positions advising the Fed and SEC. Then they discuss how we should think about central banks losing money.

<strong>How the SEC was Charmed by Madoff:&nbsp;<a href="https://Mises.org/HAP389a">Mises.org/HAP389a</a></strong>

<strong>Bob's&nbsp;<i>Understanding Money Mechanics</i>:&nbsp;<a href="https://Mises.org/HAP389b">Mises.org/HAP389b</a></strong>

With the Feds, It's the Fox Guarding the Henhouse

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