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There are many critics of the FED. A primary issue with a central bank relates to the early versions in the 19th century. Both attempts failed. The Founding Fathers of the country warned about a central bank. The Presidential administration and Congress have little to say about the FED operations, although there is a governing body appointed to oversee the organization.
For this discussion, browse the internet and search for various sites that deal with the FED. Try to look at more than just Federal Reserve sites.
In your discussion post, do the following:
-Comment on your opinion of whether or not the FED has been generally successful in its role. Why do you believe this?
-Share the websites you consulted in your post so we can see what people are browsing.
-Try to write at least a paragraph in your original post that is substantive.
Make a list of supporting documents and equipment that will be required for a presentation that you are in the process of developing.
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