ACQ2 by Acquired Explaining Macroeconomics, The Fed, Interest Rates and Valuations (with Matt McBrady)
Aug 16, 2021
Matt McBrady, a seasoned expert in macroeconomics and former US Treasury official, breaks down complex financial concepts with clarity. He explains the intricacies of money supply metrics like M1 and M2 and their connections to inflation. The discussion also covers the historical evolution and critical role of the Federal Reserve in stabilizing the banking system, especially during crises like COVID-19. McBrady sheds light on the evolving landscape of credit and the challenges of monetary policy amid economic disparities.
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Avenue A's Origin Story
- Matt McBrady co-created a business model while running with Mike Galgan.
- This led to the founding of Avenue A and an unexpected marathon run.
Understanding Macroeconomics
- The Federal Reserve's actions significantly impact tech and startup valuations.
- Matt McBrady's expertise helps decode these complex economic forces.
Money Supply Explained
- M1 represents readily available cash (currency, checking deposits).
- M2 includes assets easily convertible to cash, like savings deposits.