DiscoverThe Political OrphanageWhat the Hell Does the Federal Reserve Do?
What the Hell Does the Federal Reserve Do?

What the Hell Does the Federal Reserve Do?

Update: 2025-07-301
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What is the purported aim of the Federal Reserve? Why is it independent, or shoot for 2% targeted inflation? In part one of our series on the Fed, Jeremiah Johnson of the New Liberal podcast joins to explain, discuss, and field objections.

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What the Hell Does the Federal Reserve Do?

What the Hell Does the Federal Reserve Do?