The American Empire in a Changing World


Friday, June 22, 2012

''What is the Federal Reserve and what does it do? – an animated guide''

From The Guardian

''The Federal Reserve – the central banking system of the United States – could soon step in with a new round of actions to bolster the fragile American recovery as Europe's woes continue to rattle the US economy. But how does the Federal Reserve regulate an entire economy, and why are some people against it?''

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