Foreword
Nowadays, we could found that purchasing, paying and renting are immersing into our daily life. All those values we are paying for are involving the federal reserve (central bank). It is the main element that affects.
It doesn’t look complicated as it seems, I will explain it easily to you.
How are the federal reserve works?
The modern federal reserve is a system that aims to maximise the employment rate, stable the country prices and moderate the long term interest rates.
Three entities form into the Federal Reserve System: the Federal Open Market Committee (aka. FOMC), 12 Regional Federal Reserve banks, and the Federal Reserve Board of Governors.
In a null shell, the Feds is the banks to the banks.
Next Article
The article will introduce the tools that the Feds are encountering with the problems that obstruct them and their approach to their aim.
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