3 Answered Questions for the topic federal reserve
Can absence of inflation be accounted for by a reconfigured class structure?
A previous and oft-heard question asked why no inflation results from the Fed pumping money into the economy.Are we simply seeing a methodical wage suppression, thus no official "inflation," while... more
Why is a coin an asset whereas a note is a liability on the Federal Reserve's balance sheet?
Can someone explain me why coins are assets and notes are liabilities for the U.S. Federal Reserve? I know coins are made from "precious" metals, but even notes are made from various materials... more
What assurances are there that the Federal Reserve does not give money to banks?
My understanding of the operation of the United States Federal Reserve Bank is that it invents dollars by a unilateral, unbalanced credit to its own account and then it loans this money to member... more