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

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1 The Fed Key Points Fed History and role Structure and Organization Bureaucratic versus public interest view Independence-what’s new Power within the Fed The ECB 1 The EU and EMU The Euro Goal and Structure of the ECB Independence, Accountability and Transparency 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 Clicker ‘Test’ WEDNESDAY 2/15 – bring clicker or else Clicker update/’grades’ Nielsen – Career Day Fri 10/17 Clicker reg – NOT YET or STUDENT # 3 Investment Game – buy/ sell Resume
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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 Renom as chair 2010 Obama Expert on Great Depression Deflation, inappropriate fed policy Financial Stability Oversight Board 5 Alan Greenspan
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