Reining in the U.S. Fed
December 16, 2010
Congress created America’s current central bank the Federal Reserve System in 1913. As with all central banks its role ultimately is determined by the political process. The Fed is tasked with more than simply issuing and maintaining the value of the dollar: the world’s reserve currency. Under the 1978 the Humphrey-Hawkins Full Employment and Balanced… » read more
central banks, English, gold, quantitative easing, reserve currency, the dollar |