This is the second article in a series about the U.S. Federal Reserve. The Fed has significant influence over much of the U.S. economy, which in turn impacts economic growth and government policies worldwide. Thus, Jeremy Powell, current chairman of the Fed, is arguably the most powerful man in the world — in some ways […]
Tag: central banking
In recent years, the news has been filled with stories about the impending collapses of the banking system. The Federal Reserve (the Fed) influences U.S. interest rates. Since the U.S. dollar is the global reserve currency, this means that the Fed also influences the level of interest rates around the world. As a result, Fed […]
Cryptocurrency has often been a divisive and controversial topic in the world of finance and economics. Some notable figures have written it off, claiming it to be nothing more than a complex Ponzi scheme, while others are insistent that cryptocurrencies are the future of the monetary system. Regardless of which party is correct, the near […]