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There is a clear separation between reality and fiction. Yet in the financial world, everything is one. Real dollars you can touch and feel but their value is elusive. It’s a mystery. What holds it in place? What could make it more or less valuable and in relation to what? The central bank prints money at the rate they believe is best, hands out currency far and wide and manipulates interest rates. Their actions are extremely important because currency is born out of debt in this system, giving them an absolute monopoly. But what is this fairy tale?
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Sources Used in This Video:
https://goo.gl/YpU9nm
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David Quintieri, author of The Money GPS book series, is here on the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand.
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