Posted: May 3rd, 2016

Why was the Federal Reserve created? What are its essential functions?

1) Why was the Federal Reserve created? What are its essential functions?
2) Who are the decision makers of the Federal Reserve? How do these people obtain these positions?
3) How does the Federal Reserve control the monetary system?
4) How do banks increase the money supply?
5) How is inflation measured?
6) What are the causes of inflation?
7) Are natural disasters causes of inflation or deflation? Where might the public see the evidence?
8) What are the costs of inflation?
9) Why is inflation so widely feared?