What a whacky world we live in. Once upon a time, the Federal Reserve’s job was to make sure banks were stable institutions that people could trust. And, to a lesser extent, to keep an eye on the entire US financial “system” – if there is such an organized thing! – and make policy recommendations to help prevent a recurrence of the 1929 economic crash.
(Don’t worry – we’ll get to the gold. Just sayin’.)
Nowadays, any time… Continue reading at StockNews.com