WHAT IS THE DIFFERENCE BETWEEN THE FED AND THE TREASURY?
November 19, 2020
58 min
673
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973 of 3,694
Episode 673 · November 19, 2020
WHAT IS THE DIFFERENCE BETWEEN THE FED AND THE TREASURY?
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Philip Ittner Episodes Around November 19, 2020
Episode 973 of 3,694 — walk the feed in the order it was published.
58:06This episodeWHAT IS THE DIFFERENCE BETWEEN THE FED AND THE TREASURY?
Summary
<p>The Fed has created money to prop up Wall Street. Congress appropriates money from the Treasury to help working class Americans. What's the difference between these two types of money and why won't the Fed intervene to help anybody other than banks and publicly traded companies? Professor Richard Wolff joins Thom to hash it out.</p><p>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.</p>