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The Federal Reserve: America's Money Machine
Manage episode 433853645 series 3565010
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In this episode, I break down how the Federal Reserve and central banks operate. Central banks, often privately owned and not government organizations, print and manage money, significantly impacting our economy. I'll explain how the Federal Reserve, as the Western central bank, holds immense power and influences our nation's monetary supply and debt. Discover how money is created, the concept of fiat currency, and why the Federal Reserve's control affects your buying power. Join me as I shed light on the true workings of central banks and their impact on your financial future.
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