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Jaspreet Singh: Who Really Controls The Worlds Money System? | Minority Mindset

The Money Podcast

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Introduction

The Federal Reserve Bank is the entity that has the ability to create what we call money out of thin air. They are not federal because they're not a part of the government and don't keep cash reserves anywhere. When the 2020 pandemic hit, the Federal Reserve Bank opened up the money printer. We saw more money printing than ever before in 2020 and 2021. Now all of a sudden businesses are starting to go on the verge of bankruptcy very quickly. The Fed bought corporate bond funds which to the average person probably makes no sense. But this was the only time, the first time we've ever seen the Federal Reserve bank do this.

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