Episode 12: The Federal Reserve
Manage episode 313667805 series 3280441
The Federal Reserve is the central banking institution of the United States of America and it is a controversial institute among academics & economists. We discuss the founding of the Federal Reserve, its basic functions and how it manipulates the market, interest rates, & the economy. We discuss how it hurts the poor, props up the rich, and devalues our currency & has caused some of the largest crashes in our economic history.
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