Diving into the Wreckage 6.4 Inflation and Bank Crisis w/ C. Derick Varn
The Antifada
00:00
The Implications of the Fed's Control of the Currency
The Fed is actually one step removed from that process right but since the money creation of private banks is regulated by the government. If commodities are traded for something other than their use say gold reserves which brits countries right now are accumulating it indicates that they don't have faith in any reserve currency. There's also the fact that empirical studies actually don't indicate that prices actually respond to um the money supply immediately or maybe even at all.
Transcript
Play full episode
