DiscoverMacro Musings with David BeckworthJerry Dwyer on the History of Free Banking and the Future of Bitcoin
Jerry Dwyer on the History of Free Banking and the Future of Bitcoin

Jerry Dwyer on the History of Free Banking and the Future of Bitcoin

Update: 2025-09-08
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Description

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 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

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Jerry Dwyer on the History of Free Banking and the Future of Bitcoin

Jerry Dwyer on the History of Free Banking and the Future of Bitcoin

Mercatus Center at George Mason University