Episode 6: The Federal Reserve (Part II): The American Central Bank is a Financial “Jaws” 

Aug 6, 2020

For over a decade now, The Fed has become a kind of financial Jaws, indiscriminately inhaling more and more financial assets. We’re going to need a bigger bank.

Here are just a handful of the things that we'll discuss:

1. To understand The Fed, you must also understand the political and intellectual environment of the time, in addition to the economic environment of the time.
2. Novel Idea: Has the quasi-private Fed been nationalized?
3. A trillion here, a trillion there. Pretty soon Fed action will add up to real money.



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