4min chapter

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Money Habits To Prepare Against Inflation, Market Crashes & A Recession EP 1283

The School of Greatness

CHAPTER

What Is the Meaning of Inflation?

There's over 20 trillion dollars out there in m one of money, ao dollars of m now let me sayw the reason why i'm saying it this way is because when the pandemikit, the fed started creating more money. We had an insane amount of money printing being done. And in addition to that, we also saw interest rates get cut. What are interest rates and how does that have anything to do with inflation? Well, the federal reserve bank is the federal bank. However, they're notFederal Reserve Bank: They don't keep any cash reserves; they're not a bank. You and i can't go there to deposit money or do any bank or so

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