Critical Assessment Of The Federal Reserve
Location
CBM 149
Department
Economics
Abstract
There has been several criticism of the Federal Reserve bank (FED) since its creation in 1913. These complaints made famous by Ron Paul, claim that the FED encourages risky investments by softening the repercussions of bad financial decisions, that the FED played a role in the housing bubble crash in 2008, that it does not hold the government spending in check, and that it does not encourage people to save their money. We will explore in detail the interaction between the Federal Reserve and the public. In our presentation, we will discuss these claims and the tools the Federal Reserve uses to combat economic problems. Our presentation will remain neutral, and present facts and historical events to back any allegations. We will cover historical events as far back as The Great Depression of 1929 to the 2008 “Housing Bubble.” We also explore related topics of government spending, interest rates, the value of money, housing bubbles and technologies. The goal of our presentation is to investigate and discover if there is truth to the criticism.
Critical Assessment Of The Federal Reserve
CBM 149
There has been several criticism of the Federal Reserve bank (FED) since its creation in 1913. These complaints made famous by Ron Paul, claim that the FED encourages risky investments by softening the repercussions of bad financial decisions, that the FED played a role in the housing bubble crash in 2008, that it does not hold the government spending in check, and that it does not encourage people to save their money. We will explore in detail the interaction between the Federal Reserve and the public. In our presentation, we will discuss these claims and the tools the Federal Reserve uses to combat economic problems. Our presentation will remain neutral, and present facts and historical events to back any allegations. We will cover historical events as far back as The Great Depression of 1929 to the 2008 “Housing Bubble.” We also explore related topics of government spending, interest rates, the value of money, housing bubbles and technologies. The goal of our presentation is to investigate and discover if there is truth to the criticism.
Comments
Hardik Marfatia is the faculty sponsor of this project.