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Lets hear it. [applause] hello everyone how are you ladies and gentlemen we are gathered here in this great sovereign state to talk about the faith of the countrys banks, the Federal Reserve. We hope to discover whether the Federal Reserve kept its promise to provide a healthy economy system, full employment, stable and a lender of last resort or is it responsible for the series of the banking crisis and loss of purchasing power of the inflation in average citizen is this economy more stable or is it less stable because of the existence and did and did the fed exacerbate the crisis of 2008 or ...

Tvs american artifacts takes you to museums and historic places. Next we visit the National World , War Ii Museum to learn about the uss tang and her crew. A submarine that conducted several recordsetting missions against the japanese in the pacific theater. Seth my name is seth paridon. I am the manager of Research Services here. Right now, we are standing in the uss tang submarine experience. Uss tang was built in 1943 and commissioned in 1944 during the Second World War. She was a vallejo class submarine, which at the time in 1944, was the most modern submarine of the day. From the size, sh...

Weakens theyll stop. In other words, instead of the old days when we could expect the rates to go higher the fed is going to be common sense and see if it does any damage to a pretty good okay not great, not bad economy. But obviously not as terrible as when they slash rates down to the old level back in the middle of the well, near the end of the Great Recession. The fed is saying things arent perfect but theyre better than when they knock rates down to next to nothing in order to save the economy. In fact, i think they would be better if they kept these rates that much longer down there the ...

Next year, maybe less. If anything it probably will be less because if the economy weakens theyll stop. In other words, instead of the old days when we could expect the rates to go higher the fed is going to be common sense and see if it does any damage to a pretty good okay not great, not bad economy. But obviously not as terrible as when they slash rates down to the old level back in the middle of the well, near the end of the Great Recession. The fed is saying things arent perfect but theyre better than when they knock rates down to next to nothing in order to save the economy. In fact, i t...

Weakens theyll stop. In other words, instead of the old days when we could expect the rates to go higher the fed is going to be common sense and see if it does any damage to a pretty good okay not great, not bad economy. But obviously not as terrible as when they slash rates down to the old level back in the middle of the well, near the end of the Great Recession. The fed is saying things arent perfect but theyre better than when they knock rates down to next to nothing in order to save the economy. In fact, i think they would be better if they kept these rates that much longer down there the ...