H.R. 2755: Federal Reserve Board Abolition Act
Source: www.govtrack.us
A bill in the U.S. Congress: To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts
Sunday, December 7, 2008
How we got into financial crisis: A Holiday Special
15 things you need to know about the panic of 2008
Source: www.kiplinger.com
1. It all began with cheap money. To prop up ailing economies early in this decade, central banks in the U.S. and Japan kept interest rates unusually low, which encouraged speculation
Source: www.kiplinger.com
1. It all began with cheap money. To prop up ailing economies early in this decade, central banks in the U.S. and Japan kept interest rates unusually low, which encouraged speculation
"This was manufactured from the top down" surprisingly missing from the list.
Labels:
Bailout,
Federal Reserve,
financial crisis,
mortgage
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