055: The Federal Reserve – The REAL Driving Force in the Economy

The rising debt in our great country is almost $26 trillion!  News noise will try and create fear in Americans because fear is a powerful motivator.  Aren’t there negative implications for our families with numbers like these?  The answer is simply, NO!  To understand why, one also needs to understand the basics of accounting – assets and balance sheets.  In today’s episode, I am continuing my conversation with my Chief Planning Officer, Eric Fuhrman.  We define the relationship of the Federal Reserve and the Federal Government and offer some historical perspective with examples every listener can understand.  Tune in to find out that this relationship is not as complicated as one might imagine.  With the presidential debates coming in the next few weeks, this is the perfect time to learn and understand what these numbers really mean and how they affect our economic health and future.