
Prof G Markets: Margin Calls, Private Jets, Meta Teams Up With Microsoft, and Unpacking the Fed
The Prof G Pod with Scott Galloway
00:00
Understanding the Federal Reserve
This chapter explores the Federal Reserve's role and significance within the U.S. financial system, initiated by public opinions highlighting the general lack of clarity about the institution. It provides a historical overview of the Fed's creation, functions, and its impact on the economy through interest rates and money supply management, especially in relation to international markets. The chapter concludes with a look at upcoming economic indicators and potential market trends, infused with a lighthearted anecdote.
Transcript
Play full episode