Clay Finck chats with Joseph Wang about all things related to Central Banking and the Federal Reserve. They cover what the Federal Reserve is, the role it plays in the overall economy, the Fed’s dual mandate, whether liquidation events are a buying opportunity or not for long-term investors, and so much more!
 
Joseph is a former senior trader on the Fed's trading desk, where he conducted open market operations and studied the global dollar system.
 
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
00:11 - What the Federal Reserve is, the role it plays in the overall economy, and what their dual mandate is.
10:10 - What quantitative easing is and how it affects the prices of assets.
16:28 - The actions the Federal Reserve took in March 2020 when they nearly doubled their balance sheet.
27:27 - Whether liquidation events are a buying opportunity or not for long-term investors.
29:25 - What the repo market is, and why you should care about it.
37:22 - How the stock market affects the Federal Reserve’s decisions.
40:00 - Joseph’s thoughts on what a global macro restructuring might look like.
43:46 - What CBDC’s are and what role they might play in the future.

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📖 BOOKS MENTIONED:
- Central Banking 101 by Joseph Wang: https://amzn.to/3R2g0jJ

Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀


▶️ RELATED EPISODE:
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- (MI161) Building a Balanced Portfolio w/ Dan Rasmussen: https://www.theinvestorspodcast.com/m...


💡 OTHER RESOURCES
- Joseph’s Website: http://fedguy.com
- Robert and Clay’s tool for picking stock winners and managing our portfolios, TIP Finance: https://www.theinvestorspodcast.com/t...
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