The Federal Reserve

However, in this area the provide is not subject to the congressional appropriations process. The Chairman of the Board of Governors of the ply has enormous power over the nation's money supply. When the frugality is booming, deem care it has been for most of the Clinton administration and was during some of President Reagan's years in office, experts are often divided as to who deserves the credit for the mastery "Occasionally, during arguments over whether Ronald Reagan should be given credit for the robust economy of the mid-80's mortal will pipe up, no, no it's really capital of Minnesota Volcker. In these days, on innumerable pundit fests, a republican partisan will credit the 105th Congress with today's economy, a Democratic partisan will ask fo

r some credit for the Clinton administration, and then someone might interject, nope, it's Alan Greenspan" (Suarez 1).

There are many who argue that the provide has too much independence. Just the perceived threat of Alan Greenspan reproduction short-term interest rates (the amount it costs banks to suck in money overnight from other banks with reserves) can send the government, mole Street, and corporate America into a panic. Further, the Chairman of the Fed, Alan Greenspan, is remiss to give interviews, discuss his plans for the economy, or the process he uses to develop them. However, because of the barrier of measuring the money supply, the constant changes occurring in the financial market, and the incessant changes people make to the
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