The Power Of The Feds

In this video, we take a look at the Federal Reserve System, also known as the Fed, and its role in the American economy. We delve into the history of the Fed, from its establishment in 1913 to its evolution over the past 120 years. The Fed's two key roles are controlling inflation and increasing employment, and we discuss how it achieves these goals, particularly through managing the supply of money in the economy and controlling interest rates. We also explore the Fed's influence beyond the American economy, as it provides currency reserves to foreign governments. We address concerns about the Fed's power and its independence from the federal government, and we break down the three entities that make up the Federal Reserve System. Join us as we examine the workings of one of the most powerful forces in American society.
#power #money #federalreserve #feds