The Investing Advantage Podcast
What Is Money? (Ep 34)
Yes, today I go old school and teach you the very basics about the function, purpose, and flow of money. Why? It's essential to know the basics of money before you start investing in commercial real estate.
Today you'll learn why I feel so confident when it comes to investing (3:10), why money is "trust" (5:50), how Central Banks influence the economy (7:40), the difference between central and commercial banks (13:21), misconceptions about how loans create money (14:07), why the Feds in the U.S. are lowering interest rates (20:25), how quantitative easing works (21:21).
To read my entire report on money, head here: https://shanemelanson.com/