
Julian and Peruvian Bull join Stephan to discuss the origins of the Federal Reserve - its creation in 1913 and its implications on the economy. They explore the recent awakening of public awareness regarding economic disparities exacerbated by COVID-19 and the role of central banking in these issues. The discussion contrasts the historical significance of 1913 with the events of 1971, emphasizing the Federal Reserve's influence on monetary policy and the illusion of free markets. They also talk about the flaws of traditional investment strategies, particularly the reliance on government bonds and the 60-40 portfolio model. Th...