Federal Reserve: Is understanding the Fed that difficult or even useful?
The Federal Reserve as narrative promoter … While not a political organization, the Board of Governors of the Federal Reserve System as an agent of the Congress, is responsible for crafting a narrative around the soundness of the United States currency. The centerpiece of the soundness narrative is found in 12 USC 225(a) where Congress … Continue reading Federal Reserve: Is understanding the Fed that difficult or even useful?