FEDCLASS - The Fed Key Points Fed History and role...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1 The Fed ± Key Points ² Fed History and role ² Structure and Organization ² Bureaucratic versus public interest view ² Independence-what’s new ² Power within the Fed ² The ECB 1 ± The EU and EMU ± The Euro ± Goal and Structure of the ECB ± Independence, Accountability and Transparency ² Other Central Banks ± Bank of England, Canada, Japan Hubbard , bennie? 33 slides In the News? 2 Designed by Foster & Partners, a firm known for feats of technological wizardry, the city, called Masdar, would be a perfect square, nearly a mile on each side, raised on a 23-foot-high base to capture desert breezes. Beneath its labyrinth of pedestrian streets, a fleet of driverless electric cars would navigate silently through dimly lit tunnels. The project conjured both a walled medieval fortress and an upgraded version of the Magic Kingdom’s Tomorrowland. Course Issues ² Clicker ‘Test’ WEDNESDAY 2/15 – bring clicker or else ² Clicker update/’grades’ ² Nielsen – Career Day Fri 10/17 ² Clicker reg – NOT YET or STUDENT # 3 ² Investment Game – buy/ sell ² Resume
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
2 Applications 4 On Milton Friedman's Ninetieth Birthday, Nov. 8, 2002 (Bernanke) stated: "Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again." Ben Bernanke ± Harvard BA econ, Ph.D. MIT ± Prof, Stanford Bus School, NYU ± Princeton Professor and chair 96-2002 ± Member, BoG 2002-05 Chair CEA under Bush ± ± 2006- Chair of BoG of Fed ² Renom as chair 2010 Obama ± Expert on Great Depression ² Deflation, inappropriate fed policy ± Financial Stability Oversight Board 5 Alan Greenspan ±
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/29/2012 for the course ECONOMICS 220:301 taught by Professor Sheflin during the Fall '09 term at Rutgers.

Page1 / 7

FEDCLASS - The Fed Key Points Fed History and role...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online