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Ep 10: A Trivia-Filled History Lesson on U.S. Financial Institutions
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From the Federal Reserve to the New York Stock Exchange to the U.S. Department of Treasury, how much do you know about our country’s largest financial institutions? We take you on a trivia-filled history lesson and explain how they impact our lives.
Read more and get additional financial resources here: http://makeretirementwork.com/412/ep-10-a-trivia-filled-history-lesson-on-u-s-financial-institutions/
On today's show:
2:04 – What is the Federal Reserve?
6:41 – Most common role the Federal Reserve plays in our lives
8:23 – Trivia: How much U.S. currency is currently in circulation?
8:57 – What is the New York Stock Exchange?
12:08 – What is the S&P 500?
14:30 – What is the U.S. Department of Treasury?
16:40 – How does the Treasury differ from the Fed?
18:02 – Trivia: Why was the IRS created?
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