Uploaded September 2025 | Updated September 2026, 2 weeks ago

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Jerry Dwyer is a professor emeritus of economics at Clemson, a vice president at the Federal Reserve Bank of Atlanta and is currently a senior fellow at the Bitcoin Policy Institute. In Jerry's first appearance on the show, he discusses what it was like having Milton Friedman as a mentor, the history of free banking, the status of cryptocurrencies including Bitcoin, and much more.


Check out the transcript (mercatus.org/macro-musings/jerry-dwyer-history-free-banking-and-future-bitcoin) for this week's episode, now with links.


Recorded on July 22nd, 2025


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Timestamps


00:00:00 - Intro


00:01:24 - Jerry's Career


00:12:01 - Free Banking Period


00:28:37 - Bitcoin and Stablecoins


00:55:44 - Outro