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5min chapter
The Explosion of Bailout Culture
Acton Line
The Federal Reserve's Evolving Role and Economic Distortions
This chapter examines the Federal Reserve's changing role and its interventions in the stock market over the decades. It critiques the consequences of these actions on government debt and economic policy, referencing historical events that shaped the Fed's approach to market fluctuations.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode