
The Real Risk in 2022
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
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Central Banks in a Financial Crisis?
In 19 34, during the roosevelt administration, they pulled all the power from the regions and put it back in washington. The original purpose of the centra bank really only have mone purpose, lender of last resort. And you know, 20 20 wasa an economic it was not a financial prices. We did not have te finish o presses in 20 20. But we probably will next time. A third mission is to get price stability but that doesn't necessarily give full employment. Full employment might be inconsistent with gold number two or three. So now given that we've given us thi secbank as a fourth mandate, what do we mean by 'the fed'?
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