Scene 4: Our Interesting Interest Rates

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Act 1: Scene 4-
In this Scene, the basics of interest rates, how they work, and how the Federal Reserve is able to change them through means of the money supply.   In addition, we’ll discuss how interest rates changed over the last two decades, and how these changes may have played a part in contrinbuting to the current economic crisis.  (NOTE: I don’t get into detail about the Federal Funds or Discount Rate…I might add another podcast to explain that).

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