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The Death of Equities 40th Anniversary; Why the Fed is Overrated – August 4, 2019

This episode of MM covers why the nation is obsessed with the Federal Reserve and the power that the Fed is believed to have. Although the Fed is extraordinarily important their power is often overstated. This episode of MM explains what they really do. Wes also discusses the infamous Business Week article that came out August of 1979 espousing the “Death of Equities“. How wrong was this article? Caller question of the day: Dave from Buford on ramping up his last 10 years of savings and how he can retire despite only having $70,000 saved right now.

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