Besides that, it still has the discount rate and the reserve requirement to influence the intrest rates. It seems to me that some transparency concerning it’s investing policies might be welcome, but the money printing power should be kept far away from the government. Anyone care to correct...
Many economists, following Nobel laureate Milton Friedman, believe that the Federal Reserve inappropriately refused to lend money to small banks during the bank runs of 1929; Friedman argued that this contributed to the Great Depression.[32]【参考译文】美国的银行机构被要求持有的储备金——包括本币和...
In addition, markets have become addicted to cheap and easy central bank money - and any signs that the liquidity taps might be turned off have caused wild swings. Australia's Treasurer is urging his G20 counterparts to embrace structural reform, rather than relying on money printing. "The...
Almost every student of the period is agreed that the great mistake of the Reserve System in postwar monetary policy was to permit the money stock to expand very rapidly in 1919 and then to step very hard on the brakes in 1920. This policy was almost surely responsible for both the sharp...
Inflation Federal Reserve Aimee Picchi Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Twitter ©...
The money supply may also be influenced through manipulation of the discount rate, which is the rate of interest charged by Federal Reserve banks on short-term secured loans to member banks. Since these loans are typically sought by banks to maintain reserves at their required level, an increase...
The Federal Reserve, or Fed, is responsible for overseeing the 12 regional Federal Reserve Banks and administering monetary policy.
While the Federal Reserve does not actually print money (that's the job of the Bureau of Engraving and Printing), the central bank is responsible for controlling the nation's money supply. The Fed can increase the money supply by buying U.S. government bonds or other securities with new mo...
But it's still not that simple. In order for new money to enter the economy, the recipient bank needs to borrow that money from the Federal Reserve. Since those loans needs to be repaid, it's not quite the same as "printing" money. ...