Andy Tanner breaks down the Federal Reserve system and how far their reach goes in this episode of the CashFlow Academy. Andy looks at the duties of the Fed and the affect it carries. He discusses the Fed’s announcement over raising rates earlier in the year. Finally, Andy explains why it is important to always keep an eye on what the Federal Reserve is doing.
TABLE OF CONTENTS, RESOURCES AND LINKS:[00:00] Intro
[01:12] Federal Reserve Background
[03:18] Duties of the Reserve
[05:17] Quantitative Easing
[09:31] Borrowing Into Existence
[10:35] Is Life Support Good or Bad News?
[14:11] Raising Rates
[16:43] Paying Attention to the Fed