Critique of Federal Reserve Podcast

This review will be about Ritu and Franchesca's podcast. Overall, the descriptive details and solid choice of topics to focus on, improves the overall effectiveness of the podcast. Both Ritu and Franchesca spoke clearly and at such tone and speed that it was relaxing to obtain the information as well as understanding it. Although some images were repeated, majority of the images does assist the viewer in picturing all the information that was given. The pictures were not all in tune with the information, one example was the description of the banks which was actually the name of the school which is banks. Although I personally found the podcast topic of a MTV talk show to be a little corny, it does allow all the information to be given and have a good excuse to do so. However realistically MTV wouldn't be airing an interview about the federal reserve.
The viewers who do watch this podcast would more then likely learn some of the information given, although it was informative because there were so much information that it wasn't possible for them to remember all of the details. Some recommendations for the creators of the podcast, they need to choose whether or not their main intention is to be comedic or informative. By combining both type it not only decreases the effectiveness of the podcast but it also decreases the trust of the information given. Overall I believe that they were informative and come what humorous however they should take side on whether or not they want their podcast to be humorous or informative.

Compound Interest and the rule of 72

Compound Interest is when the amount of money you deposit or invest in a bank or institution gains interest. However you do not touch the money and the interest that was collected is then in turn calculated and increases the next interest amount. The rule of 72 is basically a formula that can tell you how long it would take to get a certain amount you are striving for, what percentage of interest you would need if you had a time limit and what is your outcome money when you calculate the interest rate and the time. Einstein said "The most powerful force in the universe is compound interest" the reason why I believe that Einstein chose to say that it is the most powerful force in the universe is because in general, if you have money your powerful. That is why he believed that compound interest is powerful because you leave your money alone and don't do anything and you gain money which is considered power in any language.

Insider Trading

What happened was people who worked for the company gets information that their stocks ae going down. Once they know that it will go down and they tell others about it, they would sell their stock and miss a loss of profit when the stock does go down. That is why its illegal and is insider trading. Information that shouldn't be given out but is, like the Martha Stewart case, she had insider information about a company that was going out of business and she sold her shares before it closed down.