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The U.S Banking System Don’t Hate the Playa… Learn the Game.
| Date post: | 24-Jun-2015 |
| Category: |
Business |
| Upload: | start-young-financial-group |
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The U.S Banking System
Don’t Hate the Playa…Learn the Game.
Agenda
• 8:00- 8:20 Intro + Review (Financial Markets)
• 8:20- 8:40 Round Robin• 8:40-9:00 Money Mgmt + Federal Reserve• 9:00-9:20 Questions
Expectations
• Contribute to the discussion• Don’t be a know it all• Ask at least one question • Be willing to put forth your best guess
Money Management Mastery
• Financial Alignment• Stable budget• Emergency Fund • Future Planning (automated withdrawals)• Debt Elimination• Financial Immersion• 401K & IRA Investing• Real Estate Investing
Money Management Mastery
Financial Alignment
Stable Budget
Emergency Fund
Future Planning
Debt Elimination
Financial Immersion
RE
123
4
401K & IRA
5678
Review: Financial Markets
Review: Financial Markets
• Government fiscal and monetary policies• Speculation• World events• Supply and Demand
Review: Financial Markets
Round Robin
The Federal Reserve Bank
The Federal Reserve Bank
The Federal Reserve Bank
Who owns the Federal Reserve System?
The Federal Reserve Bank
Why does the federal reserve bank exist?
The Federal Reserve Bank
How do banks create money?
The Federal Reserve Bank
How does the federal reserve set monetary policy?
The Federal Reserve Bank
Reserve Requirement
The Federal Reserve Bank
Open Market Operations
The Federal Reserve Bank
Discount Rate
Why Does this Matter?
Money may not grow on trees, but it can be created out of
thin air.
Why Does this Matter?
The entire system is a big Ponzi scheme because it is not
backed by anything.
Why Does this Matter?
We actually DO NOT live in a free market economy
because the fed can easily impact the economy leading to many booms and busts.
Why Does this Matter?
Never, ever, ever pay fees to a bank.
Why Does this Matter?
Don’t hate the playa. Learn the game. This is why I am
building an army of young investors.
The Federal Reserve Bank
Questions?
![FEDERAL RESERVE SYSTEM [Docket No. OP-1229 ......2005/05/18 · FEDERAL RESERVE SYSTEM [Docket No. OP-1229] Federal Reserve Bank Services Private Sector Adjustment Factor AGENCY:](https://static.documents.pub/doc/80x56/5f0c743c7e708231d4357b27/federal-reserve-system-docket-no-op-1229-20050518-federal-reserve.jpg)
