
News: Jerome Powell Just Admitted The TRUTH About Rate Cuts
Rebel Capitalist News
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Debunking Misconceptions About the Federal Reserve and Bank Reserves
The chapter challenges the belief that the Federal Reserve controls interest rates through adjusting bank reserves by analyzing the Fed's balance sheet and historical data. It delves into the disconnect between global dollar M2 and bank reserves, questions the impact of Fed policies on interest rates, and encourages critical thinking to understand the truth behind common narratives.
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