IN THIS EPISODE, YOU’LL LEARN: 02:08 - What the Federal Reserve is, the role it plays in the overall economy, and what their dual mandate is.12:07 - What quantitative easing is and how it affects the prices of assets.31:35 - Whether liquidation events are a buying opportunity or not for long-term investors.33:33 - What the repo market is, and why you should care about it.40:31 - How the stock market affects the Federal Reserve’s decisions.43:32 - What CBDC’s are and what role they might play in the future. 47:54 - Joseph’s thoughts on what a global macro restructuring might look like.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESCheck out Joseph’s book.Related episode: Ray Dalio's Long-Term Debt Cycle w/ Clay Finck - MI186.Related episode: Building a Balanced Portfolio w/ Dan Rasmussen - MI161.Get a FREE audiobook from Audible.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Help protect your family’s financial future with TD Term Life Insurance.Enjoy a simple, good tasting supplement that truly improves your health with Field of Greens! Get 15% off your first order and get another 10% off when you subscribe for recurring order with the promo code MILLENNIAL.Tell mom how much you love her—and make sure she hears it in crystal-clear audio quality, with Raycon.Combine hundreds of search filters to quickly find better leads, close more deals, and unlock your investing potential with the power of PropStream!Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Check out our favorite Apps and Services.Browse through all our episodes (complete with transcripts) here.New to the show? Check out our Millennial Investing Starter Packs.Support our free podcast by supporting our sponsors.Read this episode’s transcript and full show notes on our website.Connect with Joseph: Website | Twitter   Connect with Clay: Twitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.