This is a Glass Fox Media Podcast.

You're tuned in to the Investing for Beginners Podcast.

Finally, step-by-step premium investment guidance for beginners.

Led by Andrew Sather and Dave Ahern to decode

industry jargon silence crippling confusion and help you overcome emotions

by looking at the numbers.

Your path to financial freedom starts now.

Well, welcome to the Investing Per Beginners Podcast. This is episode 147. I'm in the driver's seat right now, but don't worry, Dave is right here. We've got a lot to talk about and I'm going to be

asking him a tone of questions because he's been watching this particular topic

especially closely and knows a ton more than I do about it.

And so it will be a good episode for me to ask questions because I'll be coming at it from the mindset of a beginner and I'm hoping that a lot of people

are feeling that way too and you'll be able to answer a lot of our questions.

So what's up with the Fed? First off, tell us what the

Fed has been doing lately and then maybe we can explain what they are and what they've done lately in respects to like the 2008, 2009,

Great Recession, and some of the events since then, but what are they doing and how is that affecting the economy and the coronavirus and everything like that?

Boy, that's a good question. So the Fed has, for those of you who are not familiar with what we're talking about, what we're referring to is the Federal Reserve Bank. So this is the Central bank for the United States.

And in essence what they do is they are there to help stimulate the economy or

slow down inflation.

So their basic two rules are they want to create more jobs

and they want to they want to control inflation as best they can. So the way that

they do that is they use funds with the banks to try to create more money or

reduce money in the economy.

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