TIP 029 : What is the Federal Reserve doing? (Investing Podcast)
We Study Billionaires - The Investor’s Podcast Network
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What's the Difference Between Money and Credit?
There's a huge difference between what you might be thinking is money, and then what is credit. And ah, that's also one of the reasons why we have these cycles, because we have this credit that can just go crazying all over the place. So people might ask, well, if there's only three trillion dollars of real money and there's 50 trillion of of this credit or fake money? Ah, what happens is if everybody calls the bank on their loans and they make a bank run, which was commonly referred to back in the early 19 hundreds? Well, the fact of the matter iss that the bank, a, you know, the federal reserve, would have to print
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