An Interview with Kansas City Fed President Thomas Hoenig

I had the wonderful opportunity yesterday to sit down with Kansas City Fed President Thomas Hoenig. He’s a straight-shooting, hard-money, free market central banker—an unusual combination. Hoenig is also a man of integrity who dissents from the FOMC so clearly in his disagreement with ultra-easy money. Incidentally, he believes that Too-Big-To-Fail and “Bailout Nation” are moving America away from free market capitalism.