Is America's financial future in jeopardy? Join us as we tackle the critical issues surrounding the skyrocketing national debt and the controversial economic policies driving it. This episode promises to unravel the complex interplay between traditional economic theories and modern monetary theory, shedding light on the implications of GDP, inflation, and the U.S. dollar's status as the world's reserve currency. We don't shy away from critiquing the current administration’s fiscal strategies,...
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Is America's financial future in jeopardy? Join us as we tackle the critical issues surrounding the skyrocketing national debt and the controversial economic policies driving it. This episode promises to unravel the complex interplay between traditional economic theories and modern monetary theory, shedding light on the implications of GDP, inflation, and the U.S. dollar's status as the world's reserve currency. We don't shy away from critiquing the current administration’s fiscal strategies,...
Intelligent Investing with Glenn Leest: Unveiling the Intricacies of the US Banking System and the Rise of Digital Currencies
Intelligent Investing with Glenn Leest
25 minutes
1 year ago
Intelligent Investing with Glenn Leest: Unveiling the Intricacies of the US Banking System and the Rise of Digital Currencies
Prepare to fortify your financial know-how as Glenn Lee from WT Wealth Management joins us to dissect the complex organism that is the US banking system. This episode promises to not only reveal how banks truly work but also demystify the pivotal concept of fractional reserve banking, where banks hold only a fraction of your deposits. We scrutinize the double-edged sword of this system, exploring both its role as an economic catalyst and its inherent risks as recent banking events have shown....
Intelligent Investing with Glenn Leest
Is America's financial future in jeopardy? Join us as we tackle the critical issues surrounding the skyrocketing national debt and the controversial economic policies driving it. This episode promises to unravel the complex interplay between traditional economic theories and modern monetary theory, shedding light on the implications of GDP, inflation, and the U.S. dollar's status as the world's reserve currency. We don't shy away from critiquing the current administration’s fiscal strategies,...
