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Central Banking 101
- De: Joseph J Wang
- Narrado por: Bill Anciaux
- Duración: 4 h y 49 m
- Versión completa
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General
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Narración:
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Historia
Central banking is magic. With a few words, the Fed can lift the stock market out of desperation and catapult it towards euphoric highs. With a few keystrokes, the Fed can conjure up trillions of dollars and fund virtually unlimited Federal spending. And with a few poor decisions, the Fed can plunge the entire world into a recession. The Federal Reserve is one of the most powerful institutions in the world, and also one of the most difficult to understand.
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Very dense!
- De Timothy en 12-01-24
- Central Banking 101
- De: Joseph J Wang
- Narrado por: Bill Anciaux
Huge amount of material in only 4.5 hours
Revisado: 11-30-24
This is a serious introduction to Federal Reserve and banking. The book is dense and not easy to follow, and I wish it spent more time on some key concepts. I had to pause/replay/lookup Wikipedia a lot. But the upside is that it covers all key concepts that I ever heard and much more. After spending just 4.5 hours (plus 5 hours of reading Wikipedia:) my knowledge grew from zero to a pretty decent understanding of how it all works, and I feel well equipped to continue studying on my own.
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