149. TBR - How The FED Works | China Rising | Technology and Metaverse Being the Saving Grace with Guest Mitchell Chavez

We discuss how the Federal Reserve is responsible in controlling the economic outcome for the U.S. The mechanics of Inflation and interest rate adjustments and how this affects the economy. Is the banking collapse of recent days a coordinated ploy by the United States Federal Reserve to slow down the economy in order to regulate inflationary pressures? Also, how is China’s positioning in the global economy impacting their decisions to launch their own CBDC and is the anti-China narrative proliferating in media intended to lead the U.S. into a future conflict with China? Also, how will technology and innovation fix the impending problems a financial system collapse, and A.I. and automation poses to the economy of the future. Will humanity escape to the metaverse to find its new purpose.

Topics:

1. First up, we dive into the history of bank collapses and why it happened in the past and why it might be happening right now.
2. Next, Iman and I question if the US government will lose it’s title as the world's most powerful country.
3. Then, we examine how technology represents society throughout each generation and acknowledge that ego pauses progress
4. Finally, we discuss why Iman and I continue to search the next big thing, will it be the metaverse?

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Music by OfDream - Thelema