Ep. 102 – The Federal Reserve 101

It's a name often in headlines and the evening news. But how much do you really know about what the Federal Reserve is and what it does?  Did you know it was not created by the Founders in the 18th century but was created in the 20th century?  How exactly does the Federal Reserve regulate our country's money supply and what role does it play in accomplishing two goals of sustained high growth and full employment?  Who runs it since it is independent of the President and Congress?  For these answers plus so many others, join our panel and Professor John O. McGinnis with Northwestern University for this "valuable" conversation!