In todays worldview segment I explore the bizarre world of the federal reserve. I look at the way the federal reserve is creating inflation and wanting to do this as their end goal, and how this is harmful to the middle class. For the main topic I talk about the differences between Austrian and Keynesian economics. This is really fundamental to how our monetary policy and fiscal policy occurs here in the United States and the rest of western civilization. I think it’s an important topic to understand if we want to live more resilient lives.
Austrian vs. Keynesian Economics
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