Comments on: The Federal Reserve, Part One

By: Peter Damien Ryan

Peter Damien Ryan — Sat, 31 Jul 2010 03:49:53 +0000

It’s a bit like our Reserve Bank here. They are set up by governments, but not controlled by them – at least directly. Governments do though have strong influence – not least the fact that thye approve or not the membership of the boards. Look at how OBama has worked with it in the beginning of his presidency and his appointees.

By: Elly

Elly — Sat, 31 Jul 2010 02:08:45 +0000

I was very surprised when I found this out at the beginning of my stock market education.

Because of the word ‘Federal’ I always thought it was a government department, not a small group of ultra rich families.

Yes Woodrow, you made a big blunder old boy!

By: Jazz Salinger

Jazz Salinger — Thu, 29 Jul 2010 03:53:51 +0000

Hi Sean,

The Federal Reserve Bank is completely independent of the government though right? The Federal Reserve makes its own decisions. The President doesn’t control any part of what the Federal Bank does.

So, who is in charge of the Federal Reserve Bank? It’ll be interesting to see who holds all this power.

By: KC Carlson

KC Carlson — Wed, 05 Nov 2008 21:49:06 +0000

Hi Sean,

Looking forward to the next instalment

By: Tris

Tris — Wed, 05 Nov 2008 02:55:06 +0000

Great idea for a topic Sean!