Gerald Epstein - The Fed has a lot of power in the economy because it has a big impact on th

The Fed has a lot of power in the economy because it has a big impact on the supply and cost of credit, that is, interest rates. It also plays a key role in supervising banks and historically has seemed to take it easy on the banks when it shouldn't have, such as in the lead up to the financial crisis.

- Gerald Epstein

source: Source: www.truth-out.org

topic: Impact, Keys, Play, Take It Easy, Big Impact, Financial Crisis