This is actually a major issue in my debate league this year. People have no idea how different they are and that they really are used mostly independently.
No, the Federal Reserve does *not* control the amount of money. It may control the amount of US dollars. And it may influence the interest rates, but it does not control it. If the Fed decides to hike interest rates to 20% people, I could start offering loans at 10% and undercut the Fed. More realistically, people would start getting loans from banks in other countries.
Hey tom, Mr. Paul Stuewe is retiring this year, and in class we watch your AP Europeon history videos all the time and i just want to ask if you can make a quick video for us if you wishing him a happy retirement
This is actually a major issue in my debate league this year. People have no idea how different they are and that they really are used mostly independently.
I love your work man keep it up
Thank you sir very informative, like from China 🇨🇳.
Thank you Matt Demon
for this excellent lecture
No, the Federal Reserve does *not* control the amount of money. It may control the amount of US dollars. And it may influence the interest rates, but it does not control it. If the Fed decides to hike interest rates to 20% people, I could start offering loans at 10% and undercut the Fed. More realistically, people would start getting loans from banks in other countries.
Hey tom, Mr. Paul Stuewe is retiring this year, and in class we watch your AP Europeon history videos all the time and i just want to ask if you can make a quick video for us if you wishing him a happy retirement
Monetary Policy is the the thing that allows you to completely ignore Fiscal Policy. :-D
first