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Fed: End all Fed doubts and serialize the website Sohu to read.

Fed: Ending All Fed Questions

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Fed: End all Fed doubts and serialize the website Sohu to read.

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Fed: Ending All Fed Questions

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The Fed is private? The Fed is government At the same time, it is completely insulated from pure political power. This makes it an institution that eases the essential opposition between "democracy" and "capitalism," in other words, it is a revolving door between Washington and Wall Street. As the political endorser and regulator of capital, the Fed determines who will be poor and who will be rich. Paul Volcker, a greater banker than Greenspan, is a thrilling reform that established his life.Today, Obama is still admiring him.At the end of 1978, U.S. inflation was intensified. One saw the day when the bubble burst. Paul During this period, Volcker assumed the chairmanship of the Federal Reserve. Traditional monetary policy was powerless against rising inflation, and financial reform was inevitable. The Federal Reserve began to use the prescription prescribed by the monetaryists, the money supply fell sharply, and the interest rate kept rising. Inflation continued to fall under the continued attack of the Federal Reserve, and finally returned to normal. This battle is of great significance in the history of finance. Who will bear the cost of reform? The two powers of democracy and capital, and the continued high interest rates in the details of the epic grand and magnificent democracy, have caused both industry and banks to suffer from a double joy. On the one hand is the increasingly difficult "American muscle"-the working class, and on the other hand is the banker who collects profits. However, this phenomenon is considered fair by the head of the economy. The economic depression is getting worse, with elected presidents and lawmakers constantly putting pressure on the Fed chairman to force the latter to end deflation as soon as possible. The Fed chairman showed an "economic tsar" side. He was unmoved and stubbornly blocked the throttle of the US economy. Creditors have become the real beneficiaries of the reform, and the vast majority of the "poor people" in the United States have been sacrificed. How does Wall Street's financial capital work? What tenets does the White House politicians pursue? How does money affect everyone? A classic but popular book that allows you to easily learn the real-world economics. Wall Street financial bosses are not the enemy of ordinary people? What kind of financial dynamics do they follow? Why is currency a mysterious psychological manipulation? Everyone is deeply affected by it. In what ways does the central bank affect the national economic system, and why can the Fed take the lead in the global economy? What principles do government agencies adhere to and capital market competition. A book that shows you how real-world economics works ...