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How Money Works · Publicado el 18 de marzo de 2021
Sign up for my newsletter https://compoundeddaily.com 👈 ----- The federal reserve bank has found itself as the center of attention in recent months, what with everything from, money printer Meme's to “the future of capitalism as we know” on the line, the fed has obviously been an incredibly influential entity. But it’s also something that most people really don’t know much about, or worse… think they know a lot about when they really don’t. But that’s ok because the federal reserve bank is a bank, so the best way to get to really get a good understanding of how it works is just to follow the money and answer a simple question, Is the reserve bank profitable? Now because I hate YouTube video’s than needlessly drag out a question to get their average watch time up the short answer is.. Yes, Massively Profitable, it’s actually the most profitable organization in the world after recently beating out Saudi Aramco. But don’t click away yet… For starters I need that average watch time too, but more importantly, finding out how money works to generate massive profits at the federal reserve bank will teach you a lot about how this almost mythical institution actually operates day to day. #FederalReserve #QE #HowMoneyWorks ___________________________________________________________________________ Music by Epidemic Sound
