MI190: Central Banking 101 w/ Joseph Wang

<p><strong>IN THIS EPISODE, YOU’LL LEARN: </strong></p><ul><li>02:08 - What the Federal Reserve is, the role it plays in the overall economy, and what their dual mandate is.</li><li>12:07 - What quantitative easing is and how it affects the prices of assets.</li><li>31:35 - Whether liquidation events are a buying opportunity or not for long-term investors.</li><li>33:33 - What the repo market is, and why you should care about it.</li><li>40:31 - How the stock market affects the Federal Reserve’s decisions.</li><li>43:32 - What CBDC’s are and what role they might play in the future.&nbsp;</li><li>47:54 - Joseph’s thoughts on what a global macro restructuring might look like.</li><li>And much, much more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>EPISODE RESOURCES</strong></p><ul><li>Check out Joseph’s <a href="https://www.amazon.com/Central-Banking-101-Joseph-Wang/dp/0999136747?&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=bf509c6377fc326ea5bd34670d0fe3e3&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>book</strong></a>.</li><li>Related episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/dalios-long-term-debt-cycle/" rel="noopener noreferrer" target="_blank"><strong>Ray Dalio's Long-Term Debt Cycle w/ Clay Finck</strong> - <strong>MI186</strong></a><strong>.</strong></li><li>Related episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/building-a-balanced-portfolio/" rel="noopener noreferrer" target="_blank"><strong>Building a Balanced Portfolio w/ Dan Rasmussen</strong> - <strong>MI161</strong></a><strong>.</strong></li><li>Get a <a href="https://www.amazon.com/Audible-Free-Trial-Digital-Membership/dp/B00NB86OYE/?&amp;_encoding=UTF8&amp;tag=millenniali0e-20&amp;linkCode=ur2&amp;linkId=1c34937c3747cd4044bdc87a7823c82f&amp;camp=1789&amp;creative=9325" rel="noopener noreferrer" target="_blank"><strong>FREE audiobo