Sunday, April 12, 2015
Marisa White chapter 10 question 6
I quote that I found to be interesting is, "Think of the Fed as always driving in unfamiliar terrain with a map that's at least ten years out of date." I think this statement should make people somewhat uneasy because everyone puts so much trust into the Federal Reserve when it is so hard to control what happens. Another thing that is interesting is money really has no value since it has no ties to a precious metal anymore. Money is just a piece of paper that everyone wants, but technically has no real value but to a majority of people it is the most valuable thing.
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