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How The Fed Works

How The Fed Works

All financial systems are complicated. It is debatable whether they are intentionally made that way or simply a law of nature.  However, this six minute plus presentation makes things a clearer.  It also suggests that the complexity of the FEDs’ relations to other financial institutions and the government is purposely mystifying.  If nothing else, you’ll have a few chuckles watching the video.  In these times, laughter is a great solace, even if it is produced by black humor.   And if you’d like to have a brief but clear explanation of the budget, click here for a college student’s minute long video on the government shell game.

The Ben Bernanke

The Goldman Sachs

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