Tag: Federal Reserve Bank
C4SS Feed 44 presents Grant A. Mincy‘s “End the Fed: The Economics of Liberty” read by Christopher B. King and edited by Nick Ford. Thanks to Carmen Segarra, however, we now have some keen insight to the inner operations of the Federal Reserve System. Segarra was recently employed at the New York Fed as a bank examiner, charged…
La Federal Reserve ha l’incarico di mettere in pratica la politica monetaria americana. Considerato che dirige la più grande potenza economica mondiale, la Fed è ai vertici delle istituzioni di potere. Anche se guida la politica monetaria pubblica, la Fed è in gran parte privata. Dunque si muove in segreto, in assenza di controlli pubblici….
The Federal Reserve is responsible for implementing US monetary policy. As it directs the world’s largest economy, the Fed earns top rank among powerful institutions. Though the central bank guides state monetary policy, the Fed is largely a private institution. As such, bank operations move in secrecy, absent of oversight from the public arena. Thanks…
This is the second part of my two part series on Lynn Stuart Parramore’s recent article titled How Piketty’s Bombshell Book Blew Up Libertarian Fantasies. Let’s get started. She writes: By 1987, Ayn Rand acolyte Alan Greenspan had taken over as head of the Federal Reserve, and free market fever was unleashed upon America. Alan…
The 2008 global financial crisis has had far-reaching implications, depressing markets for years. Charged with US monetary policy, the Federal Reserve Bank, with its mantra of “too big to fail,” is empowered to manage the economic downturn. The central bank’s monetary policies effectively redistribute wealth to the upper tiers of society — and the proof is…