#456: The Path To Hyperinflation with EJ Antoni
TFTC: A Bitcoin Podcast
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The Role and Functions of the Federal Reserve
This chapter discusses the role and functions of the Federal Reserve (Fed) in the United States. It explains the Fed's role as a private bank serving the treasury, creating money for the government and handling profits and losses. It also explores the Fed's lending activities, interest payment policies, and the removal of reserve requirements.
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