How does the Federal Reserve Bank work? [IMAGE]

The inner workings of the Federal Reserve Bank are a mystery to most. This is not an attempt to explore those depths, but to provide an easily remembered summary as to how the Fed works at a practical level.

The explanation lies on the shelf or in the closet of tens of millions of Americans.

Behold:
How does the Federal Reserve Bank work

[HT: Against Crony Capitalism]

Marty Duren

Just a guy writing some things.