Posted by
(Full screen playback, better experience)
American Life InsuranceNote to editors of the Guide: Due to the impact of the new crown virus epidemic on the U.S. economy, the Federal Reserve continuously announced interest rate cuts to 2020% in March 3, triggering a drastic market reaction.It is said that it will eventually affect every aspect of our lives.But we, as ordinary consumers, may not understand,Why the interest rate cut will affect our money bag.
Simultaneously,What is an interest rate cut, why does the Fed cut interest rates, how does the rate cut affect our money bag, and how should we respond?Are there any authoritative explanations and answers to these questions, while at the same time making this "complex" problem easy to understand?
Ray Dalio's video (30 minutes in length) explaining the operation of our world economy may help us understand how the world we are in works.
