The Creation of the All-Powerful FedThe Creation of the All-Powerful Fed

GuideStone Capital Management 

The Federal Reserve has played many roles over the last 100 years — sideline observer, bad guy and financial guardian, to name a few. Through each phase of its existence, lessons were learned and adjustments to policy were made.  Never before, however, has the central bank exerted its power and influence as it has in response to the unprecedented events of 2020, raising many concerns about its role and influence in future financial crises.

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