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Welcome to the Upgrade the World podcast, where I explore the technologies and ideas that could change the world.
Episodes
Monday Jul 17, 2023
Monday Jul 17, 2023
In episode 6, I discuss the modern day Federal Reserve, aka The Fed.
0:45 Episode 5 Recap
1:00 The Fed’s power increase
1:18 The Fed’s structure
2:33 The Fed’s responsibilities
2:54 The Fed’s tools
3:05 Federal discount rate
3:35 Open market operations
4:08 Inflation
5:52 Reserve requirement
7:28 Systemic risks
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