Tuesday, October 30, 2012

The Fed by flow chart....

http://www.ritholtz.com/blog/2012/10/guide-to-fed-reserve/

2 comments:

  1. Econ 3323 ($ Theory & Policy) AlumnusOctober 30, 2012 at 8:46 AM

    Dr P,
    I think I've spotted a misprint on this:

    "Well the President appoints the 12 people who make up the board of governors. They serve terms of 14 years and make the big decisions."

    BOG is 7 members appointed by the President.

    ~Econ 3323 ($ Theory & Policy) Alumnus

    ReplyDelete
  2. Very good. They all don't have 14 year terms either.

    ReplyDelete