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Discussion: Does the Federal Reserve help keep economy going in right direction?

Discussion: Does the Federal Reserve help keep economy going in right direction?

The Federal Reserve was criticized for not seeing and taking the correct steps to avoid the financial meltdown of 2008 and the Great Recession that followed. Some economists also criticized that the Federal Reserve has too much power, too little accountability, too little transparency and always acts too late to be effective in the role its supposed to play.
Discussion Topic:
During the 2008 “Great Recession”, did the Federal Reserve help keep the U.S. economy going in right direction? Or did the Federal Reserve make things worse?
Share your thoughts.
Watch the Video:
Money for Nothing: Inside the Federal Reserve
 
Watch the Video:
When the Fed Does Too Much

 100 word minimum

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