Influence of Central Banks, Reserve Currencies, and Diversification

This chapter explores the influence of central bank actions on the stock market and highlights the importance of a growing private sector with increasing earnings cash flow.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

What are the economic and financial system early warning signs that we should heed rather than get caught up in fearmongering? When should we start to worry about ballooning budget deficits, the national debt, a currency collapse, or the stock market?

Topics covered include:

Signals to monitor to see if things are falling apart
How much government debt is too much and why interest rates are key
Why central banks don't control the stock market
Why the dollar remains dominant, and what has to change for it to plummet in value

Sponsors

Money Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session.

LinkedIn Jobs - Use this link to post your job for free on LinkedIn Jobs

Insiders Guide Email Newsletter

Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter.

Show Notes

The Dawn of Everything: A New History of Humanity by David Graeber and David Wengrow—Macmillan

How Much Is Enough? Money and the Good Life by Robert Skidelsky and Edward Skidelsky—Penguin Random House

U.S. National Deficit—Treasury.gov

Budget and Economic Data—Congressional Budget Office

Japan's growing debt mountain: Crisis, what crisis? by Andrew Sharp—Nikkei Asia

The Dollar: The World’s Reserve Currency by Anshu Siripurapu and Noah Berman—Council on Foreign Relations

Currency Composition of Official Foreign Exchange Reserves—International Monetary Fund

Total credit to non-bank borrowers by currency of denomination: US dollar—BIS