In your opinion has the Federal Reserve taken monetary policy to the extreme and over-stepped its responsibility? Please provide reasons to support your opinion.

Introduction

There are several pros and cons of the Federal Reserve System (The FED). Opponents and proponents of the Federal Reserve’s mandate both have made valid arguments to support their positions.  This debate has resurfaced in recent months with the significant increase in the rate of inflation which calls for an active intervention with monetary policy to deal with the problem. Find articles that have taken positions on each side of the debate and familiarize yourself with the merits of both sides of the argument for this week’s discussion exercise. 

 

Initial Post Instructions

In your opinion has the Federal Reserve taken monetary policy to the extreme and over-stepped its responsibility? Please provide reasons to support your opinion.

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