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Podcast: Macroaggressions
Episode: #110: Bank Holidays & The Magic Money Printing Machine
Description: The first step in solving any problem is that one must fully understand what the problem actually is. Surface-level thinking will only cause more problems, so it is imperative that one get to the root of the issue
We have a problem with the value of the US Dollar not holding its value. Who is in charge of the creation of the money supply? The Federal Reserve. Who is the Federal Reserve? That’s a longer and more disturbing discussion. What is the Exchange Stabilization Fund and why does it matter?
Having a deeper understanding of how money is...