With the impending announcement on Wednesday of a potential interest rate increase for the first time in over seven years, there’s a lot of talk about the effects it may have on the market. What about the central bank itself? What is it exactly? …and when did it come about? Does a country even really need a central bank like the FOMC?
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Description
With the impending announcement on Wednesday of a potential interest rate increase for the first time in over seven years, there’s a lot of talk about the effects it may have on the market. What about the central bank itself? What is it exactly? …and when did it come about? Does a country even really need a central bank like the FOMC?
Regardless of the questions above, one doesn’t have to be completely beholden to the system itself should you decide to educate yourself and take action. Learn to trade. Start a business. It’s hard to lose your job when you’re your own boss.
In this episode, Matt and guest Noah Davidson delve into the history of the Fed and Central Banks, the importance of an entrepreneurial spirit, and the need for a good financial education.
Notes
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