Want to create an interactive transcript for this episode?
Podcast: Let's Appreciate
Episode: The Federal Reserve | Is Inflation Really Transitory?
Description: Everything you need to know about the Fed!Â
From the Everything You Need to Know about series, a series of ~10 min primers on different topics across the stock market, the economy, and crypto. Â
According to Wikipedia: The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in...