What is federal reserve-why does it exist in our economy

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What is the Federal Reserve and why does it exist in our economy? What is Monetary Policy and how does it make adjustments to inflation problems? What was QE (Quantitative Easing) and why did the FED instigate Quantitative Easing? What was the outcome of these actions in our Economy? When and How was this Federal Reserve formed? Who authorized this independent government Monetary Arm of our Government?

Reference no: EM131165326

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