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MI190: Central Banking 101 w/ Joseph Wang
Millennial Investing - The Investor’s Podcast Network
The Federal Reserve and the Money Investing Podcast
The federal reserve is a lender last resort for the banking system. When banks run out of money, they can borrow from the fed to tide them over. If we didn't have i fed, that could lead to banking pricis that precipitates into an economic down turn. Since then, the fed has grown its fingers in all sorts of things; it regulates banks and acts as a sort of 'central bank' For more information on how you can get involved with The Money Investing Show click here.
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