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20min chapter
Money, Velocity, and Bitcoin’s Impact with George Gammon (WIM457)
The "What is Money?" Show
Federal Reserve Role in Crisis Management
The chapter explores the Federal Reserve's actions in times of crisis, including setting up special purpose vehicles to buy corporate debt and bailing out failing banks. Discussions delve into the psychological impact on the market, bank liquidity, and the long-term effects of these actions on economic growth. It also examines the impact of government interventions on money supply, purchasing power, and the dynamics of savings and investment.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode