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22min chapter
In This Economy? How Money & Markets Really Work | Kyla Scanlon
Bankless
Unveiling the Economic Kingdom: Understanding Monetary and Fiscal Policy
This chapter explores the intricate workings of the economy by presenting it as an interconnected economic kingdom with various key components. It delves into the roles of monetary policy, focusing on the Federal Reserve's tools and goals, and shifts to discussing fiscal policy's broader toolkit and relationship with monetary policy. The conversation also touches on the concept of fiscal dominance, government spending impacts, and the importance of government intervention in crucial sectors.
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