Basic Economics: The Federal Reserve Board; Monetary and Open Market Policies

What lies beneath the society we created? What binds all that we hold dear, if not economics? The first in control of the U.S federal system is The Federal Reserve Board. The chairman of the Federal Reserve Board is considered the second most powerful person in the world; second only the President of the United States. Though, so power the Fed (Federal Reserve Board) only has two functions: Monetary and Open Market policies. With these tools are their control, the Fed can save or destroy the American Economy by expanding and contracting the money supply.
…