The world of finance is made complex by “experts” and big, intimidating buzzwords. Former investment banker Chris Coffman, author of the financial thriller “Crisis Deluxe” is here to simplify the world of international investment banking. If you want to know how the global economy really works behind the scenes, then this show is for you.
00:00 – Intro
00:50 – Revisiting Chris’s 2021 prediction about bonds and inflation
02:34 – What is the Federal Reserve?
04:21 – What has happened to the US economy since COVID?
06:20 – The monetary base
07:12 – Three ways the Government can throw money around
09:02 – Interest rates and inflation
10:35 – The Fed has grown massively
12:03 – How the Fed buys and sells debt
13:41 – Quantitative easing and tightening
15:05 – What value does the Fed provide to the world?
17:30 – Summary. Thanks for listening!
________________
Chris is a novelist author of financial thrillers.