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Also commonly known as "The Fed", the Federal Reserve is the central bank of the United States. The Fed regulates the U.S. monetary and financial system.
Fractional reserve banking is a banking system in which only a fraction of bank deposits are backed by actual cash on hand and are available for withdrawal.
This short video is an introduction to the Federal Reserve.
A 70-year-old man with a bad cold and many mistresses, a nation that's ambivalent about a central bank, and a secret meeting on an island. Today on the show: The origin story of the Federal Reserve.
This video focuses on monetary policy as practiced by the Federal Reserve Bank.
For much of the 70s inflation was bad. Prices rose at over 10 percent a year. Nothing could stop it — until one powerful person did something very unpopular. Today's show: How we beat inflation.