LINKTV Journal March 16, 2015
What could new fed chairman Alan Greenspan do to revive the patient . During the 1970s and 80s, the Federal Reserve adopted longterm policies to halt inflation and ease unemployment. But what would the fed do in an economic emergency . Monetary policy how well does it work . Thats the question economic analyst richard gill and i 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 ...