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6min chapter
Explaining Macroeconomics, The Fed, Interest Rates and Valuations (with Matt McBrady)
ACQ2 by Acquired
How Much Money Does the Fed Really Have in the Economy?
For a long time, it was firmly held belief among economists that you really didn't want a monkey around with the overall size of the fed's balance sheet. The standard relationships breaking down, because i think the economy is just changed in a profound way, it's less clear whether it really makes any difference at all. We got asley what's changed. This requires a little bit of a fort o walk down memory lane and a bit of the a, the sort of simple explanations that really underpin most of everything that can be said about monetary policy. And we'll eventually get to why it's profoundly different to day, and has been ever since the advent of ae scale ce over ten
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