Tagged Questions
6
votes
4answers
450 views
Why can't the Fed lower interest rates below zero?
Ben Bernake said today that he can't lower interest rates further because they can't be lowered below zero. IIUC benchmark interest rates are determined by what someone is willing to pay in an ...
3
votes
4answers
1k views
How much control over the Federal Reserve does the U.S. Government have?
Or, in other words: Who does the head of Fed report to? Is the Federal Reserve a private institution?
I'm going to be a bit naive here, have just read about how the Fed has been brought to life and ...
5
votes
2answers
320 views
What does the Fed do with the extra money it is printing?
Last month I read some news about the Fed printing money to devalue the U.S. Dollar compared to other currencies.
But what do they do with this extra money?
