LINKTV Deutsche Welle Journal October 14, 2013
But what would the fed do in an economic emergency . Monetary policy how well does it work . Thats the question economic analyst richard gill ani will investigate on this edition of economics usa. Im david schoumacher. The Federal Reserve board is responsible for deciding how much money the economy needs to grow. In the early 1970s, the fed held to a policy of using the money supply to try to keep the economy on course. In times of inflation, the fed tightened the money supply to squeeze excess dollars out of the economy. In times of recession, it increased the money supply to stimulate growth...